by Michael Strong | Mar 5, 2021
The expected tidal wave of electric vehicles coming by 2030 has many wondering where all the batteries needed will come from, and General Motors is moving to make sure it will have some. The company revealed it’s mulling plans to construct a second battery plant with...
by Jim Stickford | Mar 5, 2021
The question of whether used vehicle dealers should be required to complete open recalls on vehicles before they can sell them is a major one for consumer protections groups – one which U.S. Senator Richard Blumenthal believes he has answer for. According to a...
by David Loji | Mar 4, 2021
The recent shocking winter storms that struck the U.S., seemingly caught Texas off guard as it experienced a major meltdown of its electrical infrastructure. Millions of Texans were left without electricity and heat in the worst part of the storm and eventually...
by Paul A. Eisenstein | Mar 4, 2021
The U.S. saw highway deaths rise to their highest level since 2007 despite a significant reduction in the miles Americans drove last year due to the coronavirus pandemic. Preliminary data indicates as many as 42,060 Americans died in motor vehicle crashes last year –...
by Joseph Szczesny | Mar 3, 2021
Ford Motor Co. sales dropped 14% in February, like other automakers, as winter weather hampered sales. But the company’s executives underscored the positive signs, particularly for electrified vehicles, underneath the dour top-line numbers. The all-new F-150...
by Michael Strong | Mar 3, 2021
General Motors’ struggle with the semiconductor shortage continues as it extends several of the shutdowns plaguing it – and many other automakers. The company is extending downtime at San Luis Potosi through the end of March, and at Fairfax, Kansas and its CAMI...
by Michael Strong | Mar 3, 2021
The former Fiat Chrysler Automobiles N.V. needed a $1.9 billion net profit during its final quarter to turn a net profit for the full year – its last as an independent company. The strong run at the end of the year pushed the company $29 million into the black. It was...
by Joseph Szczesny | Mar 2, 2021
Given the power failures in the huge Texas market and the cold, snowy weather in the Northeast sales of new vehicles held up well in February, according to the handful of carmakers reporting sales figures for the month, albeit they were down compared with year-ago...
by Paul A. Eisenstein | Mar 1, 2021
ChargePoint today became the world’s first publicly traded EV charging company, CEO Pasquale Romano marking the occasion by ringing the opening bell on the New York Stock Exchange. The 13-year-old ChargePoint was the latest to take advantage of a so-called reverse...
by Jim Stickford | Feb 26, 2021
When it comes to gas prices at the pump, what goes down will eventually come up. Motorists are paying some of the highest gas prices seen in over a year, according to AAA and GasBuddy.com. With the forced shutdown of Gulf Coast and some Midwest refineries due to...
by Joseph Szczesny | Feb 26, 2021
A drop in fleet sales appears to have cut total new-vehicle sales by 3.7% in February when adjusted for selling days, analysts claim. Reporting the same numbers without adjusting for the number of selling days translates to a decrease of 11.1% from February 2020....
by Michael Strong | Feb 24, 2021
In the months since his election, President Joe Biden’s explained what he wants to see from the automotive industry in the years ahead. Today he’s signing executive orders to help make some of those things happen. The order addresses some of the supply chain issues...