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UAW Chides Trump Administration about Emissions Plans

UAW Chides Trump Administration about Emissions Plans

A Congressional subcommittee heard testimony this week that the Trump administration proposed changes to the existing emissions and fuel economy requirements would reduce employment in the auto industry and open the car business to junk science. Josh Nassar, the...
Nissan Recruits New Design Chief from Lincoln

Nissan Recruits New Design Chief from Lincoln

Nissan has hired away the top designer at the Lincoln brand from the Ford Motor Co. to serve as its new design chief in North America. David Woodhouse, who has overseen Lincoln design during Ford’s recent efforts to revive the brand, will serve as vice president,...
Auto Loans, Payments Reach Record Highs

Auto Loans, Payments Reach Record Highs

Despite the fact that automakers are selling fewer vehicles, they continue to make more money per sale because buyers are borrowing more and, as a result, paying more each month for those new vehicles. The average amount borrowed to buy a new vehicle hit a record...
U.S. New Vehicle Sales Tick Upward in May

U.S. New Vehicle Sales Tick Upward in May

With Fiat Chrysler and Toyota leading the way, automakers surprised on the upside in May, posting modest sales increases for the month. FCA, where overall sales increased 2%, reported setting three records in May, led by the Ram brand which notched its 12th...
Power, LMC Predicting 2.1 Percent Drop in May Auto Sales

Power, LMC Predicting 2.1 Percent Drop in May Auto Sales

May is expected to see the continuation of falling monthly auto sales in the U.S. that the industry has seen for the first four months of the year with a decline of 2.1%, according a new estimate. Higher prices for new vehicles are largely to blame, according to...