by Paul A. Eisenstein | Sep 25, 2019
Bollinger, Rivian, Faraday Future and, of course, Tesla, the long stagnant automotive industry is facing a flood of new entrants that hope to crack open the long-closed door by targeting the emerging electric vehicle market. Add to the list Canoo, a start-up that not...
by Joseph Szczesny | Sep 20, 2019
Despite meeting regularly since the strike began, negotiators from the United Auto Workers and General Motors appear stuck on key issues ranging from health care to pay for temporary workers and investments in new technology. The key roadblock to ending the strike,...
by Michael Strong | Sep 17, 2019
Despite interest rates falling for most of the year, the Federal Reserve appears set to cut them once again despite the concerns by some are concerned about inflation and other issues. Weakening economic data, trade disputes, and global uncertainties, the Fed is...
by Paul A. Eisenstein | Sep 12, 2019
New vehicle prices have been rising fast in recent years and are now running closer and closer to $40,000 – but there are other things to consider if you’re looking to buy a new vehicle, and if you factor in things like interest rates and insurance, the typical new...
by Paul A. Eisenstein | Sep 10, 2019
Daimler AG, the parent of the Smart and Mercedes-Benz brands, plans to spend nearly $25 billion on batteries and the plants to build them during the next decade, and that doesn’t even factor in the billions more it will invest in developing an array of all-electric...
by Paul A. Eisenstein | Sep 5, 2019
Volkswagen plans to take some big steps at the Frankfurt Motor Show next week, the automaker not only introducing the production version of its first long-range battery-electric vehicle but also badging the BEV with the first major makeover of its familiar logo in...
by Paul A. Eisenstein | Aug 29, 2019
Residents of the Detroit suburb of Pleasant Ridge know to wait a couple extra seconds after the light changes to green at the intersection where busy Woodward Avenue meets the interchange with I-696. Almost every day, police are called out to deal with crashes caused...
by Michael Strong | Aug 13, 2019
Few industries see the disparity between the best quality vehicles and the brands most favored by consumers like the automotive industry does. That difference came to the fore again as AutoPacific announced its 2019 Vehicle Satisfaction Award winners: Lincoln, Ram and...
by Michael Strong | Aug 8, 2019
In July, new vehicle sales in the U.S. ticked up slightly as buyers finally decided to take advantage of the good deals afforded them by three consecutive months of interest rate cuts by auto lenders; however, interest rates are likely as low as they’re going to get....
by Joseph Szczesny | Aug 1, 2019
Sales of new vehicles held their own during July with help from cuts in interest rates and increased marketing efforts by carmakers, that are finding it more difficult to gain ground. Nevertheless, Toyota, Honda, Subaru and Hyundai all posted modest gains. Detroit’s...
by Paul A. Eisenstein | Jul 30, 2019
It’s not been a good couple weeks for the ride-sharing industry, on the whole. Cruise Automation, the General Motors autonomous technology unit, has indefinitely delayed the launch of its self-driving service. And Lyft, the second-largest U.S. ride-share operation,...
by Michael Strong | Jul 29, 2019
For decades, Americans often measured their success by the size of their house and, perhaps even more so, what kind of car was sitting in the driveway. A new study suggests not much has changed. In fact, the pressure to “keep up with the Joneses” is still a...
