by Joseph Szczesny | Oct 12, 2019
General Motors Co. is reviewing a counteroffer from the United Auto Workers, which the union said could lead to a tentative settlement in the monthlong strike by 48,000 UAW members. “We’re reviewing the proposal,” said GM spokesman David Barnas. “We won’t have an...
by Michael Strong | Oct 11, 2019
Perhaps tired of waiting on the UAW to vet its latest proposal, General Motors released the details of its offer directly to its striking workers, hoping $9 billion in new investments might sway the opinions of its picket line-walking employees. Of the new total, $7.7...
by Paul A. Eisenstein | Oct 11, 2019
Long the laggard in the booming U.S. sport-utility vehicle market, Volkswagen is playing a fast game of catch-up, one quickly paying off as it defies this year’s downturn in the American automotive market. The German manufacturer rolled out its latest entry during a...
by Michael Strong | Oct 11, 2019
Ford Motor Co. reported its third quarter sales in China slid 30.3% compared with the year-ago results, similar to General Motors’ results for the same period. GM reported its quarterly sales results for China on Thursday. The Dearborn, Michigan-based automaker...
by Joseph Szczesny | Oct 11, 2019
Talks between the United Auto Workers and General Motors foundered late Thursday despite a meeting earlier in the week between GM Chairman Mary Barra and senior negotiators from the company and the union. Barra had asked for the meeting, which is held in a conference...
by Michael Strong | Oct 10, 2019
Nissan kicked off production of the European version of its new Juke sport-utility vehicle in northern England as questions swirled about the potential impact Brexit will have on its operations there. The Sunderland plant is the largest automotive factory in Great...
by Paul A. Eisenstein | Oct 10, 2019
Early this month, Denmark proposed that the European Union completely ban the sale of gas- and diesel-powered vehicles. Closer to home, General Motors is expected to include plans to invest billions of dollars to add production of new battery-cars as part of its...
by Michael Strong | Oct 10, 2019
As General Motors watches as much as an estimated $50 million disappear due to the UAW strike, it got more bad news as its third quarter sales in China fell 17.5%. It’s the fifth straight quarterly sales decline for the company. GM delivered 689,531 vehicles in China...
by Michael Strong | Oct 9, 2019
After a tough set of sales results for automakers last month, zero percent financing appears to be coming back with a vengeance in October. U.S. News & World Report released its “Best Deals” for the Columbus Day holiday and while just a few months ago, it was...
by Michael Strong | Oct 8, 2019
One of the automotive industry’s more impressive streaks has come to an end: Subaru’s run of consecutive months of increasing sales ended with September’s decline at 93 months. The Japanese automaker reported a 9.4% decline last month. It was a difficult month for the...
by Michael Strong | Oct 2, 2019
The uncertainty about Great Britain’s plans for leaving the European Union appear to have another automaker contemplating shutting down and leaving. Nissan, which builds its Qashqai small SUV in northern England, will reconsider its decision to build the little ute in...
by Joseph Szczesny | Oct 2, 2019
Fiat Chrysler Automobiles N.V. reported that sales held steady during the third quarter while those of Ford Motor Co. dropped in line with analysts’ forecasts while strike-bound General Motors Co. sales rose while the company offered only a minimum of third quarter...
