by Paul A. Eisenstein | Apr 29, 2015
The recall crisis that reached record levels last year has continued to hammer the auto industry, as Honda shows with the release of its weak, January-to-March earnings report. The recall of vehicles equipped with potentially faulty Takata airbags led to a 43%...
by Paul A. Eisenstein | Apr 28, 2015
Automakers have gone to great lengths in recent years to make it more difficult to steal a car. Some owners, however, are going to great lengths to make it easy again. According to the National Insurance Crime Bureau, or NICB, at least $750 million worth of vehicles...
by Michael Strong | Apr 28, 2015
It was the best of times, it was the worst of times … “it” is the current state of the auto industry in Russia. What was once considered the next great promised land of auto sales in Europe has now become a dicey proposition with two of the big U.S. players – General...
by Michael Strong | Apr 28, 2015
Want to know what it’s like to get behind the wheel of Audi’s R8 supercar? It may soon be available with a few swipes on your iPhone. The German premium brand is piloting a new service in San Francisco called “Audi on Demand.” Users can simply go to iTunes and...
by Joseph Szczesny | Apr 28, 2015
If you are thinking of taking a road trip this summer, you might want think again…at least if you’re concerned about the impact on the environment. University of Michigan Researcher Michael Sivak has concluded that flying is not only safer than driving, but it’s...
by Paul A. Eisenstein | Apr 28, 2015
Even as two key U.S. rivals reported weak earnings for the first quarter, Daimler AG delivered an unexpectedly strong performance, its net profit nearly doubling as luxury buyers raced to showrooms to snap up some of its newest Mercedes-Benz models. The Mercedes brand...
by Paul A. Eisenstein | Apr 28, 2015
(This story has been updated with additional details on Ford’s Q1 earnings and full-year forecast.) Hurt by weak sales in Europe, the slow ramp-up of its new F-150 pickup at home, as well as the strong dollars, Ford Motor Co. delivered a weaker-than-expected...
by Michael Strong | Apr 27, 2015
The delay in the delivery of the Apple Watch may have disappointed more than just devotees of the Cupertino, California-based tech giant: BMW and Porsche owners could be impacted as well. BMW and Porsche both developed Internet apps for the Apple Watch and, well, no...
by Michael Strong | Apr 27, 2015
Part of the thrill of attending a NASCAR race is the roar of the cars as they pass by led by the pace car at the start of the race. However, the Toyota Owners 400 on Saturday night had a little different feel as the cars were led by Toyota’s Mirai hydrogen fuel cell...
by Paul A. Eisenstein | Apr 27, 2015
With fuel prices down by as much as 30% from their 2014 peak, millions of Americans have been migrating to pickups and SUVs and abandoning compact passenger cars and alternative fuel vehicles. That’s leading some industry executives to questions whether the federal...
by Michael Strong | Apr 27, 2015
Ford continues to battle problems with door latches recalling 390,000 late model Fiestas, Fusions and MKZs. Door latch problems have been a running dilemma for the automaker and the latest action raises the total number of vehicles recalled for them to 1.4 million....
by Joseph Szczesny | Apr 27, 2015
Volkswagen Chairman Ferdinand Piech unexpectedly tendered his resignation over the weekend, capping a bitter battle over the future of the German automaker. Piech, who has been credited with crafting the growth and acquisition strategy that transformed VW into the...
