by Paul A. Eisenstein | Mar 24, 2020
Polestar, the electric vehicle spin-off of Volvo, announced Tuesday that it had launched production of its second model, the Polestar 2, at a plant in Luqiao, China. The automaker’s news release might not have generated much attention in times past, but in the era of...
by Joseph Szczesny | Mar 24, 2020
With Congress debating a trillion-dollar stimulus package to help the U.S. economy weather the COVID-19 outbreak, analysts are warning the ongoing economic slowdown is now certain to sink the auto industry. ALG, a subsidiary of the car-buying service TrueCar, updated...
by Paul A. Eisenstein | Mar 23, 2020
U.S. car sales are grinding to a halt, demand expected to be off by around 40% for March overall and as much as 60% in April, according to analysts – but despite the pandemic-led slowdown, automakers are continuing to run big-buck advertising campaigns. “Automotive ad...
by Michael Strong | Mar 23, 2020
Even as the coronavirus continues to spread, the Detroit Three automakers are working plans to help fight the outbreak by giving medical professionals more of the tools they need. In an effort reminiscent of the “Arsenal of Democracy,” General Motors and Fiat Chrysler...
by Paul A. Eisenstein | Mar 23, 2020
Anthony Levandowski, once hailed as one of the leaders in the development of autonomous vehicles, could spend as much as 30 months in prison after agreeing to plead guilty on federal charges arising out of the theft of intellectual property. Levandowski, who was the...
by Michael Strong | Mar 23, 2020
Just a day after General Motors began working with a medical device company to determine what it needs to do make ventilators, President Donald Trump gave the automaker, as well as Ford and Tesla permission to start making the devices. Trump revealed he’d given them...
by Joseph Szczesny | Mar 23, 2020
General Motors, Ford and Fiat Chrysler, with the approval of the United Auto Workers, have asked for volunteers from among blue-collar employees to keep their parts warehouses all across the country during the unfolding pandemic. All three automakers have shuttered...
by Paul A. Eisenstein | Mar 20, 2020
General Motors will work with one of the nation’s largest suppliers of ventilators to help it boost the supply of the medical devices which are in critically short supply due to the rapidly expanding coronavirus pandemic. Though details are still being worked out,...
by Michael Strong | Mar 20, 2020
The coronavirus pandemic has caused major disruptions across the U.S. for automakers and the lives of those working for car companies not to mention those who own or are seeking to own vehicles. Thus far, automakers have taken a two-pronged attack when it comes to...
by Paul A. Eisenstein | Mar 20, 2020
The coronavirus epidemic is having a drastic impact on the auto industry, manufacturers largely shutting down their North American production operations through at least March 30, even as sales are expected to drop by more than half next month. But buyers are also...
by Joseph Szczesny | Mar 20, 2020
Tesla bowed to pressure from local authorities, saying it will close its big car plant in Fremont, California, and a second in New York State. The closures will start March 23, the company said in a release. It did not say when it will reopen the facilities, but most...
by Michael Strong | Mar 20, 2020
Perhaps the most-anticipated Chevrolet Corvette ever, the new C8 Stingray, is no longer available — to be ordered. The company stopped taking orders for the 2020 model March 18, due to overwhelming demand combined with a strike-induced delay on getting the Bowling...