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Business

  • SDI reports first-quarter earnings
    Steel Dynamics Inc. Wednesday reported first-quarter earnings of $38.6 million, or 17 cents per diluted share, a 20 percent decline from the $48.
  • PNC quarterly earnings up 7%
    The PNC Financial Services Group Inc. today reported first-quarter earnings of $1.06 billion, or $1.82 per diluted common share, a 7 percent increase from the $995 million, or $1.74 a share, posted for the same three months of 2013.
  • Athena Award winner honored
    FORT WAYNE – The leader and CEO of Big Brothers Big Sisters of Northeast Indiana was recognized Wednesday for her role in the community and her dedication to empowering women.
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Associated Press
The ’14 Chevrolet Impala, a reworked version of the full-size car, became the first American sedan in two decades to win Consumer Reports top spot.

Chevy Impala rated No. 1 sedan by Consumer Reports

– The first American sedan in 20 years to earn Consumer Reports’ top score is the Chevrolet Impala. Really.

The magazine has ranked the completely reworked 2014 version of the full-size car as its top U.S. sedan, based on ride, handling, quality of materials and other factors.

It’s the first time in two decades that a domestic brand has beaten cars from Germany and Japan.

For the Impala, it’s quite a comeback. The previous version of the car was more commonly found on rental car lots than in suburban garages.

Even longtime Impala fans didn’t want one.

Three years ago, Consumer Reports described the car’s ride as unsettled and nervous. The redesigned Impala, which began arriving at dealers in April, scored 95 out of 100 points in the magazine’s testing to get an “Excellent” rating. That put it ahead of traditional large car competitors like the Toyota Avalon and Chrysler 300. The Impala even outscored high-end luxury sedans such as the Audi A6 and Lexus LS460.

With that ranking, the Impala’s starting price of $27,000 seems like a bargain. The Audi costs about $15,000 more. For the Lexus’ base price of almost $72,000, you can buy two Impalas and have change left over.

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