White House Set to Reveal Final Fuel Economy Rollback

White House Set to Reveal Final Fuel Economy Rollback

A long-simmering battle could come to a boil next week when the Trump Administration is expected to formally announce a rollback of the Corporate Average Fuel Economy, or CAFE, standards. President Donald Trump has long advocated reducing the guidelines established...
GM Cutting Executive Pay, Deferring Salaried Compensation

GM Cutting Executive Pay, Deferring Salaried Compensation

General Motors Co. is following Ford Motor Co.’s lead, temporarily cutting the pay of high-ranking executives and salaried employees as part of the company effort to conserve cash during the sharp economic downturn created by the spread of deadly COVID-19 virus. Auto...
CARCHEX Vs. CarShield: Which Provider Is Better?

CARCHEX Vs. CarShield: Which Provider Is Better?

Please note that The Detroit Bureau and its partners may be compensated if you purchase the recommended services. CARCHEX and CarShield are two of the most popular extended warranty companies in the industry.  A Baltimore, Maryland based provider, CARCHEX has been...
Toyota Joins Ford, Announcing Production Relaunch

Toyota Joins Ford, Announcing Production Relaunch

This story has been updated to reflect Fiat Chrysler Automobiles’ announcement on its plant closings. Toyota will resume production at “all of its automobile and components plants in North America, including Canada, Mexico and the U.S.” on April 20, the...
General Motors, Fiat Chrysler Gain Market Share in Q1

General Motors, Fiat Chrysler Gain Market Share in Q1

This story has been updated with additional information. The quick decline of new vehicle sales in March has unexpected silver lining for two of the Detroit Three automakers: a jump in market share for the first quarter. Edmunds.com analysts believe that March auto...
GM Taps Credit Lines to Guard Against Virus Impact

GM Taps Credit Lines to Guard Against Virus Impact

In a sign of the financial stress facing automakers, General Motors Co. disclosed it plans to draw $16 billion from its revolving credit lines, taking what it described as austerity measures. GM Chairman and CEO Mary Barra described the $16-billion drawdown as a...
Lease Prices Decline as Coronavirus Outbreak Expands

Lease Prices Decline as Coronavirus Outbreak Expands

Automakers are dealing with the impact of the coronavirus pandemic on multiple fronts, including the increasing decline in sales. However, they’ve moved quickly, offering improved financing offers for potential buyers and now we’re seeing some maker’s offering...
Best Extended Warranties For Cars Over 100K Miles

Best Extended Warranties For Cars Over 100K Miles

Please note that The Detroit Bureau and its partners may be compensated if you purchase the recommended services. Vehicles manufactured in the past decade are capable of being driven for many more miles than vehicles manufactured 20 or 30 years ago. Many models run...