by Paul A. Eisenstein | Aug 7, 2019
This story contains updated information. The former head of the New York Stock Exchange took direct aim at Tesla on Wednesday, warning that “false and misleading claims” by the automaker can make it difficult to determine what to believe. The comments by Thomas...
by Joseph Szczesny | Aug 7, 2019
The cost of backing away from passenger cars equipped with diesel engines continues to grow for Daimler AG. Daimler said this week Mercedes-Benz customers in Germany could apply for a 3,000 euro or $3,350 subsidy to upgrade the exhaust filters of older, polluting...
by Michael Strong | Aug 6, 2019
Battery-electric vehicle sales outpace the construction of charging stations, but the ratio’s improving with the ongoing partnership between Nissan and EVgo. The two are expanding their charging network with the installation of 200 direct current fast chargers (DCFC)...
by Michael Strong | Aug 5, 2019
In the future, cars and trucks may not need drivers, but one thing they’ll still need: fuel. Or if it’s an electric vehicle, juice. If there’s no driver, how does the autonomous car of the future get gas, or more likely electricity? No problem, they can use the...
by Paul A. Eisenstein | Aug 2, 2019
There’s a bit of an irony to the debut of Cadillac’s newest SUV, the XT6. General Motors’ luxury brand was one of the first entrants into the luxury SUV space, with the original Escalade making its debut during the 1998 model-year, just ahead of BMW’s X5. But Caddy...
by Joseph Szczesny | Aug 2, 2019
BMW saw its earnings drop by double digits as investments in manufacturing electric and hybrid cars to help meet stricter emissions limits and adverse exchange rates affected the automaker’s profitability during the quarter. The German automakers earnings before...
by Joseph Szczesny | Aug 1, 2019
The group interested in purchasing General Motors’ now-closed assembly plant in Lordstown, Ohio, is close to completing the deal, according to Vice President Mike Pence. But a spokesman for the United Auto Workers said the union’s current labor agreement with GM gives...
by Paul A. Eisenstein | Aug 1, 2019
General Motors took Wall Street by surprise on Thursday, blasting through the consensus Q2 earnings forecast with second-quarter net income of $2.41 billion, or $1.66 a share, while earnings adjusted to exclude one-time items came to $1.64 a share. That was a modest...
by Joseph Szczesny | Aug 1, 2019
Ford Motor Co., following a path blazed by many companies in Silicon Valley, is beefing up its technical expertise through acquisitions. In a blog post, Randy Visintainer, chief technical officer, Ford Autonomous Vehicles LLC, confirmed this week that it had acquired,...
by Michael Strong | Jul 31, 2019
Automakers have been working diligently to overcome technical obstacles keeping self-driving cars from being a reality and now they’ve gotten some news on the legislative front that should make them happy. The House Energy and Commerce Committee and Senate Commerce...
by Paul A. Eisenstein | Jul 31, 2019
Back in May, TheDetroitBureau.com reported on Mazda’s plan to develop an additional version of its breakthrough SkyActiv-X engine, this one an inline-six design that would show up early in the coming decade in the next-generation Mazda6 sedan and, quite likely, in...
by Michael Strong | Jul 31, 2019
Fiat Chrysler rode strong full-size pickup sales to a strong second quarter result with net profit from continuing operations at €0.8 billion, or $891.4 million on revenue of €26.7 billion, or $29.8 billion. The company’s net income was up 14% while the revenue...
