by Paul A. Eisenstein | Feb 11, 2021
(This story has been updated to include comments from organizers of the Chicago Auto Show.) Hope springs eternal, at least with auto show organizers who have had to cope with a pandemic that is now entering its second year. If all goes according to – the latest –...
by Joseph Szczesny | Feb 8, 2021
Stellantis is temporarily shutting down its Windsor Assembly Plant due to a global shortage of semiconductors for the next three weeks as the shortage of semiconductors continued to force carmaker to reduce their production plan despite healthy demand. “We are...
by Joseph Szczesny | Feb 5, 2021
General Motors has lined up a major new customer for its new, all-electric commercial van and reiterated its support to Lordstown Motors, the Ohio EV maker preparing to launch a new electric pickup truck. New Hampshire-based Merchants Fleet said it plans to further...
by Paul A. Eisenstein | Feb 3, 2021
Apple could invest as much as $3.6 billion, or 4 trillion South Korean won, in Kia Motors as part of a deal to get its long-rumored Apple Car into production. The report came from Korean news outlet DongA Ilbo which quoted Ming-Chi Kuo, an analyst at TF International...
by Joseph Szczesny | Feb 3, 2021
The ink was not even dry on Pete Buttigieg’s confirmation as Secretary of Transportation by the U.S. Senate when several automakers announced they were “withdrawing” from the lawsuit filed by the Trump administration to roll back the State of California’s right to set...
by Joseph Szczesny | Feb 2, 2021
This story was updated with Subaru’s sales results. The handful of carmakers providing sales numbers for January reported promising results, delivering small gains compared with the pre-pandemic sales in January 2020. Toyota Motor North America, the largest...
by Michael Strong | Feb 1, 2021
Analyst after analyst said that 2020 would leave an indelible mark on the automotive industry, specifically how new cars, trucks and utility vehicles are sold. Toyota and its luxury unit, Lexus, are proving them right. Each company unveiled new retail “experiences”...
by Michael Strong | Feb 1, 2021
Members of the United Auto Workers could vote by September whether to amend the UAW’s constitution to allow a direct vote for top officers under the terms of a consent decree approved by a federal judge in Detroit. The 30-page decree, issued Friday, gives the union 30...
by Michael Strong | Jan 29, 2021
Toyota Motor Corp. took the next step forward with its Woven Planet enterprise laying out its plans, in particular, what Woven Capital, the $800 million investment fund established last fall, will be doing. The Japanese automaker offered an overview of the fund and...
by Paul A. Eisenstein | Jan 29, 2021
Struggling to cope with increasing shortages of critical microchips, Ford Motor Co. plans to idle two of three shifts at an assembly plant in Chicago next week, while a local union leader warned employees the closure could be extended. The chip shortage is impacting a...
by Joseph Szczesny | Jan 28, 2021
A former United Auto Workers official from Missouri was sentenced to one year in prison despite federal prosecutors asking for no jail time due the cooperation he provided to investigators probing corruption within the UAW. David Gardey, the assistant U.S. attorney...
by Michael Strong | Jan 28, 2021
The nation’s largest used-car seller, CarMax, is now only selling used vehicles, after announcing it was just about complete the sell off its last two new-vehicle retail locations — Toyota dealers. The company’s 220 locations will now sell a little bit of...
