Chevrolet Rolls Out Updates for 2021 Corvette

Chevrolet Rolls Out Updates for 2021 Corvette

The first iteration of the eighth generation Corvette was, unsurprisingly, a big hit. The first ever mid-engine model made a huge splash with its introduction and those who waited flocked to dealerships ready to place orders. Even a pandemic couldn’t stem the tide...
Organizers Scrub 2021 Geneva Motor Show

Organizers Scrub 2021 Geneva Motor Show

There will be no Geneva International Motor Show next year, organizers pointing to concerns that the coronavirus pandemic could drag on into 2021. The annual Swiss gathering was the first car show of the year to be canceled due to the eruption of the coronavirus...
The Great American Summer Vacation Trip is on Hold

The Great American Summer Vacation Trip is on Hold

“My husband is itching to get on a plane,” said Jocelyn Coley, the CEO of a Detroit public relations agency, and normally she would be, too, preparing for her annual birthday trip to “an island,” Instead, they’ll likely be driving to Torch Lake, about three hours...
Used-Car Sales Show Strong Rebound in May

Used-Car Sales Show Strong Rebound in May

New vehicle sales in May were better than expected, but overall were still down by about a third compared with last May. However, the real good news appears to be on the used-car side of the business appears to be on the rise. Used car sales were down 5% in May...
GM Ready to Build 20K New C8 Corvettes

GM Ready to Build 20K New C8 Corvettes

The coronavirus pandemic has wrecked much of the carefully orchestrated production plans of automakers around the world, making it tougher for potential buyers of high-demand vehicles, like pickups, to secure the vehicle they want. It appears that General Motors will...
McLaren Sees Q1 Loss Balloon to $164.3M Due to Pandemic

McLaren Sees Q1 Loss Balloon to $164.3M Due to Pandemic

Super car maker McLaren Group is the latest automaker to highlight how hard the global pandemic has been on the industry, reporting its pre-tax loss in the first quarter jumped to 133 million pounds, or $164.3 million, from just 18 million pounds, or $22.2 million,...
Stocks Surge as Renault-Nissan Move to Save Alliance

Stocks Surge as Renault-Nissan Move to Save Alliance

After months of decline, shares of the three automakers forming the Renault-Nissan-Mitsubishi Alliance surged sharply on global exchanges Wednesday. Shareholders signaled their satisfaction with plans to save the long-running partnership that had been teetering on...