by Michael Strong | Nov 24, 2020
Chrysler fans with good memories remember the last time the company was involved in a “merger of equals,” and how it worked out so when the phrase was tied to the partnering of Fiat Chrysler and PSA there was some skepticism. Turns out they had reason to be skeptical....
by Michael Strong | Nov 24, 2020
Tesla CEO Elon Musk keeps looking the EV maker’s long-term expansion plans, revealing that a compact car is a priority for the European market. Musk, speaking at an online battery conference hosted by the German government, came to the realization during a recent trip...
by Paul A. Eisenstein | Nov 24, 2020
Ford’s new CEO Jim Farley has plenty of challenges facing him in the coming year, and many of them can be traced back to the automaker’s ongoing quality and reliability issues that are hurting both its reputation and its bottom line. The depth of the problem was...
by Michael Strong | Nov 23, 2020
After a lengthy push against federal safety investigators to avoid it, General Motors is spending $1.2 billion to recall 5.9 million U.S. vehicles equipped with Takata airbag inflators that could potentially explode. GM sought to avoid the costly recall, petitioned...
by Michael Strong | Nov 23, 2020
General Motors is switching sides, moving to support California in its efforts to fight attempts by the Trump administration to revoke the state’s ability to set its own emissions rules in court. The Golden State’s rules are more stringent than federal mandates, even...
by Michael Strong | Nov 23, 2020
A human rights group affiliated with the United Nations claims the Japanese government should compensate former Nissan chief Carlos Ghosn for actions related to his arrest and lengthy detention two years ago. The United Nations Human Rights Council’s Working Group on...
by Joseph Szczesny | Nov 23, 2020
Despite the continuing pain from the pandemic, signs point to a solid rebound in sales and production of new vehicles in 2021 and 2022, according to economists from the University of Michigan. Economists presenting at U-M’s 68th annual economic outlook conference,...
by Paul A. Eisenstein | Nov 23, 2020
An upcoming boom in EV sales, notably in China, will bring to an end the “oil era,” according to a new study by research firm Carbon Tracker. While the need for oil won’t end anytime soon, growth in demand will drop by 70%, the study forecast, while the switch to...
by Paul A. Eisenstein | Nov 20, 2020
Mazda has long been a bit of a conundrum for automotive enthusiasts. Its products generally offer great design, refined and well-equipped interiors and compelling vehicle dynamics. But they often fall short in one key category: powertrain performance. That message...
by Paul A. Eisenstein | Nov 20, 2020
Daimler AG will partner up with Volvo parent Geely to develop a new “highly efficient” hybrid powertrain that could be used by their various brands. Both manufacturers have laid out plans to rapidly increase production of electrified vehicles, strategies driven by...
by Joseph Szczesny | Nov 20, 2020
Despite a flurry of rumors and social media posts that excited investors far and wide Thursday, Nikola has not finalized any kind of a deal with General Motors Co. “We have not closed yet. Don’t have any other update,” GM spokesman James Cain said in an e-mail to...
by Michael Strong | Nov 19, 2020
General Motors is putting serious financial and intellectual resources behind its electrification and efforts to reach the goal of being world leader in electric vehicles. Chairman and CEO Mary Barra said the financial commitment – up to $27 billion – is designed to...
