by Paul A. Eisenstein | Jan 7, 2021
The rioting that swept Washington, D.C. Wednesday triggered by President Donald Trump’s false and disproven claims of election fraud triggered a nationwide backlash with some of the most severe responses coming from groups that traditionally steer clear of electoral...
by Paul A. Eisenstein | Jan 4, 2021
This story has been updated to reflect the merger’s approval in separate votes by Fiat Chrysler and PSA investors. The deal is done; shareholders at both PSA Group and Fiat Chrysler Automobiles now have voted to approve a merger creating the world’s...
by Paul A. Eisenstein | Dec 22, 2020
2020. There are some years that pass by almost in a blur, but decades from now, as much as we might prefer to forget it ever happened, 2020 will be a year that will stand out in sharp and, for many, painful relief. Certainly, for those in the auto industry, there are...
by Michael Strong | Dec 16, 2020
Honda Motor Co is recalling 1.79 million vehicles worldwide, including 1.4 million in the U.S., covering four separate campaigns for Honda and Acura vehicles. The largest of the group is for 737,000 model-year 2018-2020 Accord and Accord Hybrid vehicles along with...
by Paul A. Eisenstein | Dec 15, 2020
With the Electoral College now making him the official President-elect, Joe Biden continues moving toward filling up key government posts, and “Mayor Pete” Buttigieg will be his pick for U.S. Transportation Secretary, according to reports from Washington. The former...
by Michael Strong | Dec 14, 2020
Former Renault-Nissan executive Carlos Ghosn may have felt his legal issues abating with his escape to Lebanon from Japan; however, he may be seeing more problems in the near future as French authorities are investigating him for tax evasion. Ghosn, who was head of...
by Joseph Szczesny | Dec 14, 2020
Under pressure from a lengthy federal investigation that led to the conviction of two former union presidents on criminal charges, the United Auto Workers agreed to a settlement that will place the union’s finances and its internal elections under the supervision of...
by Michael Strong | Dec 3, 2020
General Motors recently announced it was recalling 5.9 million vehicles due to potentially dangerous airbag inflators produced by now-bankrupt Takata Inc., it was just the latest action taken by an automaker in the U.S. Through the first half of this year, more than...
by Joseph Szczesny | Nov 30, 2020
German carmakers have made major investments in electric vehicles and now the German government is preparing to help sell those new EVs with a new round of incentives. Earlier this month, Germany rolled out a program that extends its environmental subsidies for...
by Michael Strong | Nov 27, 2020
General Motors has been generating plenty of attention for its plans to shift to battery-electric vehicle production; however, the auto company has also been looking to get back into some old businesses too, namely banking. It’s an oversimplification, but the Wall...
by Paul A. Eisenstein | Nov 25, 2020
Nearly 10,000 Tesla Model X and Model Y SUVs are being recalled for a series of safety-related defects underscoring the automaker’s ongoing problems with quality and reliability. Tesla has faced an array of issues affecting its four product lines, ranging from...
by Michael Strong | Nov 24, 2020
Chrysler fans with good memories remember the last time the company was involved in a “merger of equals,” and how it worked out so when the phrase was tied to the partnering of Fiat Chrysler and PSA there was some skepticism. Turns out they had reason to be skeptical....
