by Paul A. Eisenstein | Nov 18, 2020
The United Kingdom will bar the sale of all new gas and diesel-powered vehicles starting in 2030, the government of Prime Minister Boris Johnson moving up an earlier ban by a decade. As part of Britain’s new “green industrial revolution,” the sale of hybrid vehicles...
by Michael Strong | Nov 16, 2020
Nissan Motor officials dismissed rumors that the troubled automaker is looking to sell of part or all of its stake in smaller Japanese automaker Mitsubishi Motors. While still under the leadership of former CEO Carlos Ghosn, Nissan purchased a 34% stake in Mitsubishi...
by Michael Strong | Nov 13, 2020
Ford is competitive in a variety of segments, but one area where it dominates is in the commercial vehicle market, specifically its Transit model. The automaker made news Thursday with the debut of its E-Transit model, which is expected to arrive late in 2021. Until...
by Paul A. Eisenstein | Nov 13, 2020
The war of words between Nissan and its former Chairman Carlos Ghosn took on another dimension Friday with the start of a trial in which the automaker is seeking $95 million in damages from the man once credited with saving it from bankruptcy. For his part, Ghosn has...
by Michael Strong | Nov 13, 2020
New vehicle sales continue to rebound from dreadful lows in late spring and early summer due to the coronavirus pandemic, and part of that comeback means that the value of that car, truck or utility vehicle being traded in is returning to normal too. So potential...
by Michael Strong | Nov 12, 2020
Nissan became the latest automaker to offer up positive news while reporting its latest quarterly earnings result, albeit the good news isn’t a profit, but a significantly smaller loss than predicted. The second-largest Japanese automaker reported a record operating...
by Michael Strong | Nov 12, 2020
Ford is looking to its leverage its role as the top seller of cargo vans into to becoming the leader in electric commercial vehicles with the introduction of the new 2022 E-Transit van. Ford CEO Jim Farley said during the presentation Thursday morning the automaker...
by Paul A. Eisenstein | Nov 10, 2020
Ford Motor Co. today announced plans to build its E-Transit van at its assembly plant outside Kansas City, Missouri, investing $100 million to prepare the factory for the battery-electric van. It also will hire 350 workers at that factory and another in suburban...
by Michael Strong | Nov 4, 2020
In addition to the presidential part of the election, the auto industry closely monitored the voting across the country, including Uber and Lyft appearing to get their prayers answered in California with the passage of Proposition 22. The two ride-hailing companies...
by Joseph Szczesny | Nov 3, 2020
(This story has been updated with new information.) Subaru, Toyota and Hyundai reported brisk sales for October as the industry continues to show signs of shaking off the slump attributable to the COVID-19 pandemic. Toyota reported what it described as its best ever...
by Michael Strong | Nov 2, 2020
Fiat Chrysler is facing a massive $840 million payout to settle penalties related to diesel emissions violations as well as fuel economy penalties. The company revealed the issue in a filing with the Securities and Exchange Commission. Part of the potential fine is...
by Joseph Szczesny | Oct 29, 2020
Sales are expected to continue rebounding during October as retail sales remained steady despite rising prices and lower incentives, according to observers. J.D. Power and LMC Automotive expect retail sales for the month of October are expected to be up 3% from...
