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Nissan Q2 Operating Profit Falls More Than 70 Percent

Nissan Q2 Operating Profit Falls More Than 70 Percent

Nissan’s tough financial times continued, the second-largest Japanese automaker reporting a 70% drop in operating profit during the second quarter Tuesday. The automaker’s operating profits fell to 30 billion yen, or $275.3 million, from 101 billion yen. The severe...
2020 Green Car, SUV of the Year Finalists Announced

2020 Green Car, SUV of the Year Finalists Announced

Each year automakers introduce a slew of new vehicles, many of which are considered “green” or environmentally friendly, and while consumers will choose the ones they like best with their checkbooks, there are other ways to be recognized. Annually, the Green Car...
Toyota Defies the Downturn

Toyota Defies the Downturn

It’s been a tough year for the auto industry. And not just in the U.S., where sales are off by nearly 2% this year. China, the world’s largest automotive market, is expected to end the year with an 8% decline, according to the China Association of Automobile...
PSA-FCA Plan to Retain All Brands After Merger

PSA-FCA Plan to Retain All Brands After Merger

If the merger of PSA and Fiat Chrysler Automobiles is completed as expected, there are no plans to eliminate any brands that now belong to the two companies. PSA CEO Carlos Tavares, the architect of PSA’s turnaround who is in line to take the operational helm in the...
China’s Annual NEV Sales Trending for Decline in 2019

China’s Annual NEV Sales Trending for Decline in 2019

Sales of new energy vehicles, or NEVs, in China continue to shrink with sales falling 45.6% in October, according to the China Association of Automobile Manufacturers. The fall, which is blamed on the end of major subsidies paid to buyers, last month follows a 33%...
First Drive: 2019 BMW X5 xDrive40i

First Drive: 2019 BMW X5 xDrive40i

Utility vehicles, both crossovers and traditional SUVs, have taken over the American Road and it’s beginning to long for the style, passion and performance that old-fashioned sports cars and sedans brought to the garage or parking lot. But some utility vehicles do...
Workers at Chicago Ford Plant Vote Down Proposed Deal

Workers at Chicago Ford Plant Vote Down Proposed Deal

Ratification of the United Auto Workers tentative agreement with the Ford Motor Co. appears to have hit a speed bump as workers at the company’s big Chicago assembly plant voted to reject it by a decisive margin. The unofficial tally from the vote by both production...