by Michael Strong | Jul 8, 2020
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...
by Paul A. Eisenstein | Jul 6, 2020
Mercedes-Benz is canceling its two-year-old subscription service, the Mercedes Collection, the latest automaker to pull back on a concept some have brightly proclaimed the future of the automotive business. Not all subscription services are the same, though Mercedes...
by Paul A. Eisenstein | Jun 29, 2020
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...
by Michael Strong | Jun 29, 2020
Automakers have been looking for ways during the pandemic to bolster the confidence of wary potential buyers who are worried they could get a new vehicle then lose their job and be stuck with a payment they can no longer afford. Ford is the latest looking to assuage...
by Paul A. Eisenstein | Jun 25, 2020
“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...
by Michael Strong | Jun 24, 2020
With summer now in full bloom, at least according to the calendar, ragtop owners can get out on the roads to enjoy the wind in their hair, and according to a new study, they can drive knowing their car is as safe as anyone else’s. According to a new study from the...
by Michael Strong | Jun 23, 2020
The melding of cars and computers took another step forward with Mercedes-Benz and Nvidia announcing a new partnership that will make the luxury vehicles nearly as much computer as car starting in 2024. That’s when all Mercedes vehicles will be built using the...
by Joseph Szczesny | Jun 9, 2020
Jaguar Land Rover is the latest automaker to look for additional credit to help it get through this sales downturn created by the COVID-19 pandemic; however, instead of using what many consider “conventional” banking partners, JLR secured a $705 million line of credit...
by Michael Strong | Jun 5, 2020
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...
by Michael Strong | Jun 1, 2020
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...
by Michael Strong | May 29, 2020
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,...
by Paul A. Eisenstein | May 27, 2020
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...
