This month's snapshot of industry news includes highlights from Honda, Mazda, Nissan, Subaru, and Toyota. We hope you find the information useful.
Automotive Industry Updates
Toyota Retains Title as World's Biggest Automaker
In January Toyota announced it sold 10.15 million vehicles in 2015—outpacing both Volkswagen and US rival General Motors.
Subaru to Debut “Subaru XV Concept”
Subaru will debut its 2018 XV concept car at Geneva International Motor Show in March.
Mazda Works on Next-Generation Rotary Engine
The automaker has over 100 engineers working towards a breakthrough on one of the world's strangest engines—the rotary.
Hondas Named "Best Family Cars of 2016"
The 2016 Honda Civic, Accord, HR-V, CR-V, Pilot, and Odyssey models have all been recognized by Kelley Blue Book’s editors as the best family cars for safety and performance.
Nissan Rolls Out the 2017 Armada
At the Chicago auto show Nissan presented its new full-size crossover—Armada. The 2017 model has new styling and more upscale features.
UGN in The News
UGN, Inc. Sold Chicago Heights Business to Angeles Equity Partners
UGN, Inc. sold it’s Chicago Heights (Illinois) business to Angeles Equity Partners, a private investment firm that focuses on making investments in North American middle market companies in the industrial sectors. The sale allows the newly formed company to expand the opportunity to grow outside of the Japanese automakers and build a business that supports both domestic and foreign manufacturers.
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