by Paul A. Eisenstein | Jun 4, 2020
After flattening out in May, U.S. auto sales ended the month with an unexpected burst of demand, but whether the sudden upturn – that saw many cities actually exceed pre-pandemic forecasts – will last is far from certain. As May came to an end, automakers began...
by Michael Strong | Jun 4, 2020
Automakers have been investing heavily in the development of autonomous vehicles; however, a new study suggests that effort may not produce the benefits expected, claiming self-driving cars will only reduce crashes by a third. The Insurance Institute for Highway...
by Paul A. Eisenstein | Jun 4, 2020
It’s hard not to smile when you get a look at the funky little Hyundai Veloster, with its quirky layout: two doors on the driver’s side, one on the passenger side. The South Korean hatchback has found a small but reasonably steady audience since its debut for the 2012...
by Michael Strong | Jun 4, 2020
Fuel cell technology leader Nikola Corp. completed its merger with VectoIQ Acquisition Corp. netting $700 million in cash, a new ticker symbol and some high-powered help in the form of a new board member. The deal, which was initially announced in March, just needed...
by Paul A. Eisenstein | Jun 4, 2020
Doctors are starting to discover that COVID-19 can have long-lingering effects. That’s no surprise to the auto industry which is expected to feel the impact for years to come, according to a new study which anticipates global vehicle sales will fall about 47 million...
by Michael Strong | Jun 4, 2020
Volkswagen is giving the world the first glimpse of the new Arteon, which is scheduled to make its virtual worldwide debut June 24, with an early rendering of the new models. Alongside the classic gran turismo version of the new Arteon, Volkswagen also planning to...
by Joseph Szczesny | Jun 3, 2020
Former United Auto Workers President Gary Jones faces up to five years in prison after pleading guilty to embezzling more than $1 million dollars in union funds and tax evasion. Jones, 63, pleaded guilty to one count of conspiring to embezzle UAW dues money and...
by Joseph Szczesny | Jun 3, 2020
Mazda broke through the string of negative sales reports brought on the COVID-19 pandemic by reporting a 1% sales increase that countered the overall drop in vehicles sales during the month. Mazda benefitted from strong sales of the CX-9 crossover, which increased by...
by Paul A. Eisenstein | Jun 3, 2020
The average price paid by U.S. motorists for a gallon of self-service regular nudged past the $2 mark for the first time since late March – and, with pandemic lockdowns ending in most parts of the country, Americans can expect to see even higher prices in the days and...
by Paul A. Eisenstein | Jun 3, 2020
The alleged murder of George Floyd at the hands of police while being arrested in Minneapolis last month has triggered sometimes violent protests across the United States, but also an outpouring of responses from religious, civic and business leaders – including the...
by Joseph Szczesny | Jun 3, 2020
Toyota is offering a special limited edition of the Toyota Corolla hatchback for the 2021 model year. The 2021 Corolla Hatchback, which will arrive in late summer, features an exclusive body kit and striking Supersonic Red paint inspired by a vehicle from a Southern...
by Michael Strong | Jun 2, 2020
If automakers report better-than-expected results for new vehicle sales in May, the interest rates buyers got may be the primary reason, coming in at their lowest level in seven years. The annual percentage rate, or APR, on new financed vehicles averaged 4% last...
