by Paul A. Eisenstein | Aug 12, 2015
When Hyundai launched its big Equus a few years back, it took a relatively conservative approach to styling in its bid to take on such premium luxury models as the Mercedes-Benz S-Class and BMW 7-Series. Expect to see it shift into a more radical gear going forward,...
by Joseph Szczesny | Aug 12, 2015
With the end of the summer driving season looming, the average price for regular unleaded gasoline has fallen for 26 consecutive days and now averages $2.59 per gallon across the U.S., according to AAA’s latest survey data. The current slide is the longest streak of...
by Michael Strong | Aug 12, 2015
The fund established by General Motors to compensate the victims killed or injured in vehicles with the maker’s faulty ignition switch will pay claims to 398 people or their families. GM ordered the recall of nearly 2.6 million small cars in 2014 equipped with the...
by Paul A. Eisenstein | Aug 11, 2015
Jaguar Land Rover, which some expected to set up a new assembly plant in North America, has instead set its sights on a location in Slovakia. The move would offer the Indian-owned but British-based JLR the opportunity to not only expand production as sales surge but...
by Paul A. Eisenstein | Aug 11, 2015
Nissan is teaming up with Enterprise, the largest U.S. car rental service, in a new carsharing service that, it hopes, will eventually transform renters into shoppers. Enterprise CarShare will target 90 college campuses across the country and, at a price of $5 an...
by Joseph Szczesny | Aug 11, 2015
The storied home of General Motors design and technical staffs in suburban Detroit has earned a new honor: historic landmark. The National Park Service has designated GM’s 326-acre Tech Center in Warren, Michigan, as a National Historic Landmark complete with...
by Michael Strong | Aug 11, 2015
If U.S. automakers are selling cars and trucks at a near-record pace that can only mean that buyers are financing those vehicles at a similar rate and the latest data says that is what’s happening. According to Equifax Inc., as of June 2015, the total outstanding...
by Paul A. Eisenstein | Aug 11, 2015
When Toyota pulled the wraps off the C-HR concept at last year’s Paris Motor Show, it seemed a natural fit in the line-up, especially considering the demand for downsized crossover-utility vehicles. And now, it appears the C-HR – or something based on that concept –...
by Paul A. Eisenstein | Aug 11, 2015
During a conference call following the announcement of Tesla Motors’ disappointing second-quarter financial results, CEO Elon Musk suggested the Silicon Valley firm might need to raise more capital. That’s all the more likely, it appears, if the company continues to...
by Michael Strong | Aug 10, 2015
Despite all the fanfare that came with Ford’s new F-150, sales have been sluggish … until last month, when they jumped 13%, begging the question: why all of a sudden? Prior to the July jump, F-Series sales were down 2.4% through the first six months of the year....
by Paul A. Eisenstein | Aug 10, 2015
With gas prices plunging, clean air proponents are watching as sales of battery-based vehicles take a nosedive. But don’t tell that to Mary Nichols, the director of the powerful California Air Resources Board. Whether through financial incentives or fiat, Nichols...
by Michael Strong | Aug 10, 2015
For 16-year-olds few things are as exciting as getting their first car – and few things are as expensive as insuring that first ride either. As if buying the car isn’t costly enough, parents of a new driver can expect to see a huge increase in their insurance premium...
