Automakers Scramble As Russia’s Economy Melts down

Automakers Scramble As Russia’s Economy Melts down

What seemed like a dream market just a few years ago has now turned into a nightmare, the Russian economic meltdown sending automakers from around the world into a scramble. With economic sanctions already taking a serious toll, this past week’s collapse of the ruble...
Takata Runs Full-Page Ad Claiming It Will Do More

Takata Runs Full-Page Ad Claiming It Will Do More

Beleaguered auto supplier Takata took out full-page ads in several newspapers today saying more must be done to resolve the problem with its airbags, but a national recall of the faulty devices was not the answer. And then Ford expanded its recall of the airbags to a...
Toyota Plowing $126 Million in Michigan Facilities

Toyota Plowing $126 Million in Michigan Facilities

The definition of “Made in America” is getting rewritten again by Toyota as it announced it plans to invest $126 million into its Ann Arbor, Michigan-based technical center and, by extension, giving the center more decision-making responsibilities. Toyota is expanding...
First Drive: 2016 Kia Sorento

First Drive: 2016 Kia Sorento

In recent years, Kia has proven adept at reading consumer trends. In the immediate aftermath of the 2008-2009 recessions, the Korean automaker introduced the Kia Soul, a versatile, small vehicle designed to fit into tight urban spaces and appeal to the nascent...
Spyker Declared Bankrupt

Spyker Declared Bankrupt

After failing to line up new funding, Dutch sports car manufacturer Spyker has been declared bankrupt and put into receivership. It was the final shoe to drop for the company that attempted to revive Sweden’s Saab, only to have that operation also collapse in 2011,...
Tesla Stock Price Sliding Due to Low Gas Prices

Tesla Stock Price Sliding Due to Low Gas Prices

The low gas prices that have been a boon for truck and sport-utility sales are taking a toll on fuel-efficient and electric vehicles… and the stock price of at least one company: Tesla Motors. The Palo Alto, California-based automaker saw its stock close below $200 a...
Your Smartphone Could Soon Replace Your Car Keys

Your Smartphone Could Soon Replace Your Car Keys

A small Toronto technology start-up could unlock some major changes in tomorrow’s cars, trucks and crossovers. Keyfree Technologies plans to introduce what it is billing as the “world’s first digital car key solution” during a preview at next month’s Consumer...
Car Thefts Plunge By More than Half

Car Thefts Plunge By More than Half

There may be far more cars on the road, but car theft has plunged 58% since 1991’s all-time high, according to newly released FBI data. Increased law enforcement and enhanced automotive technology have combined to make it tougher on car thieves, though nearly 700,000...