by Joseph Szczesny | Jul 14, 2015
A potentially contentious round of contract negotiations between the FCA U.S. and the United Auto Workers opened with a friendly ceremonial handshake and a hug between FCA Chief Executive Sergio Marchionne and UAW President Dennis Williams. The pair then launched into...
by Paul A. Eisenstein | Jul 14, 2015
A second supplier of airbags is under investigation, according to federal automotive safety regulators. That could pose a major problems in light of the ongoing recalls involving Japanese supplier Takata Corp. More than 40 million vehicles have so far been impacted by...
by Paul A. Eisenstein | Jul 14, 2015
For the first time ever, sales of crossovers and conventional sport-utility vehicles are outselling sedans, capping a nearly three decade-long transformation of the U.S. auto market. When the first generation of sport-utility vehicles emerged in the post-War era they...
by Michael Strong | Jul 14, 2015
Just a day after meeting with UAW leaders to shake hands and swap expressions of goodwill, General Motors’ CEO Mary Barra gets to enhance the good mood by announcing the company’s plans to invest $1.4 billion in its Arlington, Texas, plant. The investment is part of a...
by Paul A. Eisenstein | Jul 14, 2015
We got our first quick look at the updated Lexus ES at the Shanghai Motor Show a few months ago. Now, as it’s ready to roll into showrooms, the Japanese luxury maker is offering up more details about the ES 300h hybrid. Some notable changes to the sedan’s exterior...
by Paul A. Eisenstein | Jul 14, 2015
It may have a reputation for focusing on safety but Volvo has been putting an increasing emphasis on performance, as well, something further signaled by its move to acquire Polestar, a Swedish tuner that has, in recent years, turned out high-power versions of several...
by Joseph Szczesny | Jul 14, 2015
Known as a financial wizard who has played a critical role in a number of critical automotive turnarounds, including the rescue of Chrysler in 1981 and the more recent bankruptcy of parts giant Delphi, Robert S. “Steve” Miller is getting back into the...
by Michael Strong | Jul 13, 2015
The team administering the compensation fund for victims of General Motors faulty ignition switches, led by Kenneth Feinberg, has processed the last of the more than 4,000 claims filed seeking monetary damages. The fund began accepting claims last August and closed...
by Michael Strong | Jul 13, 2015
New vehicle sales are booming and with the new “norm” of lower gas prices, full-size trucks are storming out of dealer showrooms. While much of the news about new trucks centers on Ford’s new F-150, Chevy’s enjoying a strong year as well and is poised heat up the...
by Paul A. Eisenstein | Jul 13, 2015
Compared to the last time they squared off four years ago, there was a very different mood in the air as negotiators from General Motors and the United Auto Workers shook hands and offered smiles for the cameras Monday morning, marking the start of their quadrennial...
by Paul A. Eisenstein | Jul 13, 2015
After an unexpected delay, Fiat Chrysler is expected to begin the process of spinning off Ferrari this week. CEO Sergio Marchionne said a prospectus for an initial public offering of 10% of the sports car brand’s shares will be filed within “days.” The long-awaited...
by Paul A. Eisenstein | Jul 13, 2015
While conventional wisdom has a way of being wrong, a new study by the University of Buffalo suggests that, when it comes to cars, one traditional belief is correct: bigger cars tend to be safer cars. While even some of the smallest cars on the market today earn...
