by Joseph Szczesny | Jun 25, 2020
After lengthy negotiations, Fiat Chrysler Automobiles. N.V. locked down a $7.1-billion loan backed by the Italian government to help in weather the pandemic, which has upended economic activity throughout the world. The loan money was directed to FCA Italy, a wholly...
by Paul A. Eisenstein | Jun 25, 2020
“My husband is itching to get on a plane,” said Jocelyn Coley, the CEO of a Detroit public relations agency, and normally she would be, too, preparing for her annual birthday trip to “an island,” Instead, they’ll likely be driving to Torch Lake, about three hours...
by Paul A. Eisenstein | Jun 23, 2020
In a year when so many things have been tossed up in the air, one thing remains consistent: the 50 U.S. and Canadian journalists who are part of the North American Car and Truck of the Year, or NACTOY, jury, will have plenty of new products to evaluate before...
by Michael Strong | Jun 23, 2020
The Trump administration as well as Congress have been offering up some pricey plans to help move the country back toward economic stability in the wake of the coronavirus pandemic. The Moving Forward Act is the first of these sweeping reform packages was recently...
by Michael Strong | Jun 19, 2020
With superior designs and an influx of cutting-edge technology, new vehicles are safer, faster and more fuel efficient now than they’ve ever been. This can make choosing that new car, truck or SUV tough. However, AAA now offers a way to make that selection process...
by Joseph Szczesny | Jun 18, 2020
Researchers at the Massachusetts Institute of Technology working with the Toyota Collaborative Safety Research Center have developed a simulation system with infinite steering possibilities to help autonomous vehicles to learn to navigate real-world scenarios before...
by Michael Strong | Jun 18, 2020
The impact of the pandemic has forced many companies to take a hard look at how they will do business in the future, and ride-hailing service Lyft Inc. is making a major change, committing to using battery-electric vehicles only by 2030. In a blog post on its website,...
by Michael Strong | Jun 17, 2020
General Motors plans to recognize Juneteenth, which marks the end of slavery in the U.S., Friday with 8 minutes and 46 seconds of silence. Juneteenth is June 19, and the period of silence matches the amount of time that the Minneapolis police officer knelt on Floyd’s...
by Joseph Szczesny | Jun 12, 2020
After an abrupt decline in ad spending during the stay-at-home orders designed to stop the spread of COVID-19 and the cancellation or postponements of key advertising vehicles such as the NCAA Basketball Tournament and the NBA playoffs, auto advertising surged during...
by Michael Strong | Jun 8, 2020
Each of the past few years, Americans have set new records for how many miles they’ve driven; however, the coronavirus pandemic has put a halt to that trend in recent months, including the 39.8% drop in April. The U.S. Department of Transportation revealed that...
by Michael Strong | Jun 8, 2020
China’s auto industry continues to claw back from the coronavirus as companies saw a 1.9% increase in year-over-year sales in May with luxury cars leading the charge. The China Passenger Car Association said that premium and luxury passenger car retail sales rose 28%...
by Michael Strong | Jun 5, 2020
New vehicle sales in May were better than expected, but overall were still down by about a third compared with last May. However, the real good news appears to be on the used-car side of the business appears to be on the rise. Used car sales were down 5% in May...
