by Paul A. Eisenstein | May 26, 2015
With the economy faltering, the Chinese car market is growing at its slowest rate in 15 years – and Ford Motor Co. says it may respond by trimming production in the once-booming China. That would be a sudden shift in direction for Ford which, only two months ago,...
by Michael Strong | May 26, 2015
General Motors continues writing big checks as part of its three-year, $5.4 billion facility invest plan and this time it signed one for $1.2 billion for upgrades to its full-size truck plant in Fort Wayne, Indiana. The investment will improve the plant’s painting,...
by Michael Strong | May 26, 2015
The renaissance of Jaguar Land Rover continues as the maker reported it earnings of $6.4 billion on revenue of $33.6 billion for its fiscal year that ended March 31. The results marked the fifth year in a row that the luxury car and SUV maker reported profits. The...
by Paul A. Eisenstein | May 26, 2015
The official death toll from faulty General Motors ignition switches has jumped again, to 107. At the same time, federal prosecutors have reportedly decided there was criminal wrongdoing in the way the maker handled the defect, taking more than a decade to order a...
by Paul A. Eisenstein | May 26, 2015
Initially slow to embrace alternative powertrain technology, Hyundai is determined to catch up with green rivals like Toyota and Honda. It was the first to market with a retail hydrogen fuel-cell vehicle and it is about to update its original Sonata Hybrid for 2016 –...
by Michael Strong | May 22, 2015
Fiat Chrysler may be battling a new software bug with its Jeep Renegade …and it may have CEO Sergio Marchionne experiencing a case of deja vu. Marchionne told multiple media outlets earlier this week implied there is a problem and implied it is related to the...
by Paul A. Eisenstein | May 22, 2015
For those familiar with the pint-sized Fiat 500, the new Aegea concept is likely to seem positively huge. The new concept vehicle, dubbed the Fiat Aegea Project, was unveiled today at the Istanbul Motor Show – an appropriate reference to the coast of Turkey where Fiat...
by Michael Strong | May 22, 2015
At least one automaker is pledging to get to the bottom of the problem with Takata-produced airbags that has resulted in the largest-single product recall in U.S. history: Toyota. Akio Toyoda, Toyota’s president, said resolving the problem with airbags is critical to...
by Paul A. Eisenstein | May 22, 2015
Even though they tend to file significantly fewer claims, a new study says auto insurers typically fail to give discounts to motorists who clock low mileage. Only State Farm, among all the major auto insurance companies, routinely provided a discount for those who put...
by Joseph Szczesny | May 22, 2015
The economic “showers” that slowed new car sales in April are resulting blooming results in May as new vehicle sales are exceeding expectations thus far this month despite the slow tempo of economic growth in the U.S. “The industry continues to outperform...
by Paul A. Eisenstein | May 22, 2015
Is it back to the future…or forward into the past? The new Disney movie, Tomorrowland, sets actor George Clooney out on a search for a secret location caught between time and space. And among the discoveries they make when they get there are a collection of classic...
by Michael Strong | May 21, 2015
Federal safety officials sent a strong signal today to Takata and the 11 automakers involved in the recall of the Japanese supplier’s faulty airbags that they want to problem taken care more quickly. On Tuesday, NHTSA announced it was forcing Takata to declare...