by Michael Strong | Dec 13, 2019
It appears that Lexus, Mercedes-Benz, GMC and other automakers have lashed enough giant red bows to vehicles in December to change the shopping habits of new vehicle buyers as 60% of carmakers now see December as their biggest sales month of the year. Typically, there...
by Michael Strong | Dec 13, 2019
Ford Motor Co. issued a recall Friday for nearly 550,000 Super Duty pickups in the U.S., Canada and Mexico. The action, which covers 547,538 trucks in the 2017 through 2019 model year, covers carpet flooring that could catch fire after a crash, the company said. The...
by Michael Strong | Dec 13, 2019
General Motors is investing $1.5 billion to update its popular midsize trucks – Chevrolet Colorado and GMC Canyon – including $1 billion at its Wentzville, Missouri plant. While revealing the amount it plans to spend to make remain competitive with the competition...
by Michael Strong | Dec 12, 2019
Despite new car interest rates hitting a new low for the year in November, some car shoppers are struggling to find a new vehicle they feel like they can afford as prices are still at all-time highs. However, the latest Used Vehicle Report from Edmunds reveals that...
by Michael Strong | Dec 12, 2019
Just as automakers annually make tweaks to their vehicles to make them better, the Insurance Institute for Highway Safety is implementing new, tougher benchmarks to earn the safety organization’s top rankings for 2020. The group is adding three new caveats in order...
by Joseph Szczesny | Dec 12, 2019
Members of the United Auto Workers has ratified a new four-year labor contract with Fiat Chrysler Automobiles N.V. The contract, which was approved by 71% to 29%, was the last of the deals negotiated with Detroit’s automakers this fall after a 40 strike at General...
by Michael Strong | Dec 11, 2019
President Donald Trump began banging the drum for replacement of the North American Free Trade Agreement before he became president. Once elected in 2016, he made it a focal point of his first year in office, and as of now, it’s one step closer to reality. The initial...
by Michael Strong | Dec 10, 2019
A Japanese government agency recommended a 2.4 billion yen fine for Nissan Motor Co. Ltd. because the automaker underreported the compensation of Carlos Ghosn, the automaker’s former chairman and CEO, for four years. The fine, about $22 million, is the second-largest...
by Michael Strong | Dec 10, 2019
Despite a rise in November sales, U.S. auto dealers are less optimistic about the fourth quarter than they were last year at this time. However, they are optimistic about the next 90 days, mirroring the sentiment they expressed last year at this time. According to the...
by Michael Strong | Dec 9, 2019
General Motors’ closure of its Lordstown, Ohio plant met with much criticism, but the company seems to looking to provide a soft landing for the folks who seemed to depend on it financially as the company revealed it’s providing the new owners of the site with a $40...
by Paul A. Eisenstein | Dec 9, 2019
Even though UAW workers are back on the job after ratifying their new contract with General Motors, their six-week strike continues to create headaches – and not just for the largest of the domestic automakers. Dealers are struggling to cope with customers who are, in...
by Michael Strong | Dec 6, 2019
Americans are driving more and more each year and many of those billions of miles traveled come as part of the daily commute to and from work, and new research reveals that comes at a higher price than some might expect. An average person in the U.S. spends nearly...
