Select Page
Nissan Enjoys Strong Quarterly Earnings

Nissan Enjoys Strong Quarterly Earnings

Nissan Motor Co., Ltd. enjoyed a profitable second quarter for this year with operating profit up more than 35% due to strong demand for its crossovers and sporty sedans in the United States, officials said. During the three months ending June 30, global total...
Apple Brings Back Product Guru to Run Project Titan

Apple Brings Back Product Guru to Run Project Titan

Reports from Silicon Valley indicate that Apple brought back a trusted senior executive who helped bring to market many of the company’s signature products to oversee its efforts to build automotive program. Tim Cook, Apple’s chief executive officer, said last...
New Vehicle Sales Expected to be Flat in July

New Vehicle Sales Expected to be Flat in July

New vehicle sales are expected to drop 1% year-over-year to a total of 1.5 million units in July 2016, resulting in an estimated 17.5 million seasonally adjusted annual rate, or SAAR, according to Kelley Blue Book. The estimate is in line with a growing consensus that...
Wyoming Most Expensive State to Own a Vehicle

Wyoming Most Expensive State to Own a Vehicle

So often, car buyers are shopping for a payment. However, they often forget that the monthly outlay for a vehicle is so much more than paying on the note: insurance, gas, maintenance all add up in a hurry, and where you live can double some of those numbers, according...
Mercedes Breaks Ground for First US Van Assembly Plant

Mercedes Breaks Ground for First US Van Assembly Plant

While Daimler AG may best be known for luxurious passenger vehicles like the all-new 2017 Mercedes-Benz E-Class and the SL roadster, there’s another side to the maker’s ledger sheet. It also lays claims to being the world’s largest manufacturer of commercial vehicles,...
Mercedes Eyeing Market for Electric Vans, Trucks

Mercedes Eyeing Market for Electric Vans, Trucks

The next generation vans from Mercedes-Benz will be capable of supporting both battery electric propulsion and autonomous driving features in the future into a competitive landscape where electrification is destined to play a larger role. Mercedes isn’t alone in...
Ford Posts Lower Than Expected Q2 Profit

Ford Posts Lower Than Expected Q2 Profit

Ford Motor Co. second-quarter profits came in below expectations, as the company’s operations in South America lost money and Ford Credit’s profits fell due to a decline in the value of off-lease used cars sold at auction during the quarter. Overall, Ford...
VW Q2 Earnings Hammered by Emissions Scandal

VW Q2 Earnings Hammered by Emissions Scandal

After reporting a rosy picture for the first half of 2016, a different reality has set in for Volkswagen AG, the embattled automaker reported today that second-quarter profits fell by more than half year-over-year, largely the result of its ongoing emissions cheating...
Musk Flings Open Doors of Tesla’s Gigafactory

Musk Flings Open Doors of Tesla’s Gigafactory

Tesla flung open the doors of its still-in-progress Gigafactory to show the world what kind of progress it’s making on what will likely be the birthplace of every battery stuffed into every Tesla EV sold for years to come. The company’s founder and CEO, Elon Musk,...