by Joseph Szczesny | Jul 8, 2020
The pandemic remains a challenge of historic proportions, Daimler AG executives said during a shareholders meeting conducted via the Internet after it was postponed from its original date in April as COVID-19 spread across Europe. During the meeting, shareholders were...
by Paul A. Eisenstein | Jul 7, 2020
Still think electric vehicles are slow and stodgy? You might change your mind – fast – after checking out some numbers from Lotus. The British brand, long known for its exotic, high-performance sports cars, is betting big on electrification, the new Lotus Evija...
by Paul A. Eisenstein | Jul 7, 2020
Nissan has the distinction of bringing to market the world’s first mass-market battery-electric vehicle and, for the better part of a half-decade, the Leaf was also the best-selling battery-car. But times have changed, especially with the arrival of Tesla which now...
by Joseph Szczesny | Jul 7, 2020
General Motors Co. appears to have won a small victory in its legal battle with Fiat Chrysler Automobiles N.V. as the U.S. Sixth Circuit Court of Appeals accepted GM’s petition to set aside a judge’s order mandating GM CEO Mary Barra and FCA CEO Mike Manley meet face...
by Michael Strong | Jul 6, 2020
Toyota Motor Co. is now telling eligible employees that they can work from home permanently as the company looks at ways to keep employees safe during the coronavirus pandemic. The move, which was reported by Nippon News, by the Japanese automaker makes it the first...
by Paul A. Eisenstein | Jul 6, 2020
While Mercedes-Benz and Cadillac may have scrapped their subscription services, these low-commitment options are still being offered by at least nine other manufacturers – as well as several third-party vendors. These services, which offer flat-rate, all-inclusive...
by Paul A. Eisenstein | Jul 6, 2020
Mercedes-Benz is canceling its two-year-old subscription service, the Mercedes Collection, the latest automaker to pull back on a concept some have brightly proclaimed the future of the automotive business. Not all subscription services are the same, though Mercedes...
by Paul A. Eisenstein | Jul 3, 2020
The auto industry has taken a hard hit from the coronavirus pandemic, sales plunging to recession levels, production disrupted and as many as a third of the products originally scheduled to debut this year pushed back, some into 2021. The Cadillac Lyriq, the luxury...
by Paul A. Eisenstein | Jul 2, 2020
It’s been a tough year for the U.S. auto industry, and few expect to see a real recovery anytime soon. The overall market is expected to tumble by as much as 25% this year, with no segment harder hit than luxury sedans. Despite the weak numbers, Mark del Rosso is...
by Michael Strong | Jul 2, 2020
Tesla CEO Elon Musk is becoming well known for his end-of-quarter emails trying to rally employees to meet production goals, while the final numbers may vary, the company produced more than 80,000 vehicles and delivered over 90K during the second quarter. He also sent...
by Joseph Szczesny | Jul 2, 2020
The second day of sales results saw the final member of the Big Three – Ford – report second quarter results that mimicked those of their Detroit-based rivals: down. Ford’s overall Q2 sales were down 33.3%, the company revealed, adding that its retail business...
by Joseph Szczesny | Jul 1, 2020
Car sales plunged across the board during June, capping off the auto industry’s worst quarter in decades as the economic shutdown brought on by the pandemic battered sales of new vehicles in the U.S. General Motors said its sales dropped 34% in the second quarter...
