by Joseph Szczesny | May 14, 2020
The fallout from pandemic created by COVID-19 will weigh heavily on Ford Motor Co.’s results for the second quarter but the company is moving forward with plans that will put the company on much stronger footing in the future, Ford executives told stockholders during...
by Paul A. Eisenstein | May 14, 2020
(c) 2020 TheDetroitBureau.com Uber now will require drivers and delivery workers, as well as passengers, to wear masks, one in a series of steps the ride-sharing service is taking to both minimize the spread of the coronavirus and to win back customers who may be...
by Joseph Szczesny | May 14, 2020
A new report from the Fitch Group, the financial analysis and debt-rating service, says that manufacturers are moving away from China as a source for critical components but the size and scope the Chinese sales market exerts is an almost irresistible allure to car...
by Joseph Szczesny | May 14, 2020
Toyota Motor Corp. ended its 2020 fiscal year, which ended March 31 with 10% increase despite a small dip in global sales, but officials warned annual profit for 2021 would drop by 80%. Toyota’s consolidated vehicle sales were 8.9 million units, down 18,000 from the...
by Paul A. Eisenstein | May 14, 2020
Two months after much of the United States began entering lockdown there are clear signs of recovery by the U.S. auto industry – though the American market still could end 2020 down nearly 25% from last year’s levels. Automakers hoping for a rebound have been flooding...
by Paul A. Eisenstein | May 13, 2020
Volkswagen has big plans for the eighth-generation Golf GTI coming to U.S. showrooms next year, but while the sporty hatchback is expected to retain strong demand, the automaker now plans to end sales of the conventional Golf line, officials revealed Wednesday. Going...
by Michael Strong | May 13, 2020
Nissan’s been struggling with sliding sales, bloated costs and management issues for much of the past three years; however, officials are preparing to reveal their restructuring plans to revive the company May 28, starting with a move to cut $2.8 billion in fixed...
by Paul A. Eisenstein | May 13, 2020
In the days after shelter-in-place orders went into effect in states like California, New York and Michigan, anyone still out on the road might have had a post-apocalyptic experience, traffic on many normally clogged roads like I-405 in Los Angeles all but vanished....
by Paul A. Eisenstein | May 13, 2020
General Motors has had no new COVID-19 cases occur at any of its global factories since beginning to ramp them back up in China more than a month ago. The announcement comes as the Detroit automaker prepares to restart production operations in the U.S. next week. In a...
by Michael Strong | May 13, 2020
Tesla Inc. and Alameda County officials reached a truce late Tuesday about how and when the company can restart operations at its plant in Fremont, California after CEO Elon Musk threatened to reopen the facility despite orders from the county to remain closed. The...
by Joseph Szczesny | May 13, 2020
Former UAW President Gary Jones will be arraigned Thursday on charges he conspired with key aides to embezzle more than $1 million dollars in union funds. Jones also was charged with failing to pay income taxes on the money stolen from the United Auto Workers. The...
by Paul A. Eisenstein | May 12, 2020
Whether at a splashy media event or on a webcast, Mercedes-Benz is expected to pull the covers off the next-generation S-Class later this year, but thanks to some leaked images and the help of a Spanish website, we’re able to offer a good look at the German...
