by Michael Strong | Jul 30, 2020
Volkswagen is the latest automaker reporting negative second quarter results, largely stemming from the impact of the COVID-19 pandemic around the world. The company posted an adjusted operating loss of 1.7 billion euros, or $2 billion, for the period, which is down...
by Joseph Szczesny | Jul 30, 2020
The construction of the new battery plant near Lordstown, Ohio is one of the main pillars of General Motors’ electric vehicle strategy took another step forward with the first pieces of steel being raised. GM chairman Mary Barra said steel construction at the all-new...
by Michael Strong | Jul 29, 2020
Automakers and suppliers have been suffering financially during the pandemic, and the federal government has provided assistance for small businesses with the Small Business Administration’s Payroll Protection Program. The PPP, as it’s known, allows businesses to get...
by Michael Strong | Jul 29, 2020
What’s in a name, a fairly well-known writer once asked, adding “That which we call General Motors, by any other name – like Ultium – would sound as sweet ….” Perhaps William Shakespeare would have waxed poetically about GM and its much-ballyhooed electric vehicle...
by Paul A. Eisenstein | Jul 29, 2020
General Motors will officially unveil the new, all-electric GMC Hummer “later this fall,” the automaker announced Wednesday. Plans for the “world’s first super truck,” as CEO Mary Barra described it, were teased during a high-profile Super Bowl...
by Paul A. Eisenstein | Jul 29, 2020
It’s been a tough year for auto shows, virtually every major global event this year, from New York to Paris to Beijing, canceled in the face of the coronavirus crisis. And what will happen in 2021 is far from certain, but the coming year could get off to a bad start....
by Joseph Szczesny | Jul 29, 2020
July sales are expected to look weak when the numbers are posted next week as sales continue to drift sideways as the pandemic keeps a tight grip on the U.S. economy. Cox Senior Economist Charlie Chesbrough is calling for July auto sales volume to be down 19% versus...
by Paul A. Eisenstein | Jul 29, 2020
General Motors was able to circle the wagons and beat back the full brunt of the coronavirus pandemic during the second quarter, solidly outperforming the gloomy outlook forecast by Wall Street. With factories shuttered for two months and sales sagging to Great...
by Paul A. Eisenstein | Jul 29, 2020
Hard to imagine but the Lexus brand has now been around for more than 30 years and has proved that the Japanese can go head-to-head with anyone when it comes to delivering the sort of features luxury buyers expect. That said, while Lexus vehicles are reliable, quiet,...
by Michael Strong | Jul 28, 2020
(This story has been updated with new information.) Safety advocates pushing for new technology that would alert drivers if they leave a child in their vehicle after leaving it say the new devices could lower the cost of sensor technology in current and coming...
by Paul A. Eisenstein | Jul 28, 2020
U.S. motorists are holding onto their vehicles longer than ever, according to a new study, and the COVID-19 pandemic is getting much of the blame. The typical car, truck and crossover is now a record 11.9 years old, reports IHS Markit, a month older than they were in...
by Joseph Szczesny | Jul 28, 2020
Off-road vehicles are invariably celebrated particularly if they genuinely are capable of traveling over rough terrain. Vehicles that spend their or 99.9% of it on pavement don’t seem to get any special notice unless the pavement is a racetrack of some kind....
