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China NEV Sales Drop in July After 80% Jump in June

China NEV Sales Drop in July After 80% Jump in June

The world’s largest market for electric vehicles, China, saw sales of its “new energy vehicles,” or NEVs, fall 4.7% compared with year-ago results — the first drop in more than two years. The China Associations of Automobile Manufacturers (CAAM) reported the results...
Game on Sunday, Sell on Monday?

Game on Sunday, Sell on Monday?

When 16-year-old Kyle Giersdorf took the $3 million grand prize in the first Fortnite World Cup late last month, it sent a clear message that videogames are entering the big leagues. But that’s something that the folks at Honda Motor Co. already was well aware of, the...
Auto Lenders Likely to End Interest Rate Cuts

Auto Lenders Likely to End Interest Rate Cuts

In July, new vehicle sales in the U.S. ticked up slightly as buyers finally decided to take advantage of the good deals afforded them by three consecutive months of interest rate cuts by auto lenders; however, interest rates are likely as low as they’re going to get....
First Drive: 2019 Kia K900

First Drive: 2019 Kia K900

Big quiet sedans are still the vehicle of choice for riding in style and the Kia K900 offers plenty of both and quite a bit more. Kia has astutely cultivated a middle-of-the-market position in a focused effort to move beyond the bargain basement image with which it...
Ford Agrees to $17M Settlement with MyFordTouch Owners

Ford Agrees to $17M Settlement with MyFordTouch Owners

Ford Motor Co. agreed to pay $17 million to owners of vehicles with MyFordTouch and MyLincolnTouch to settle a class-action suit. The suit was filed on behalf of owners angry about the lack of functionality of the system. More than 360,000 owners or vehicle leasees of...