by Michael Strong | Feb 14, 2020
Not long ago, General Motors informed its 44,000 hourly workers that they’d be taking home as much as $8,000 in profit-sharing payments. Now it’s the company’s nearly 69,000 salaried employees turn to be rewarded. The company will be paying bonuses to its “white...
by TDB Staff | Feb 14, 2020
Affiliate Disclosure x The Detroit Bureau and its partners may be compensated if you purchase the recommended services. This allows us to provide in-depth research at no cost to you. One of the most popular choices for coverage, Progressive is famous for its...
by Joseph Szczesny | Feb 14, 2020
The popularity of trucks and sport-utility vehicles have trimmed the sales of subcompact cars and causing some carmakers to flee the segment. But the subcompact segment is not dead yet and Nissan has put a bit of a spark in it with the introduction of the 2020 Nissan...
by Paul A. Eisenstein | Feb 14, 2020
Hyundai Motor Co. is making big plans for electrifying its line-up, the automaker recently announcing plans to invest $87 billion during the next five years while bringing 44 battery and fuel-cell vehicles to market — and the concept vehicle it plans to debut at the...
by Joseph Szczesny | Feb 14, 2020
United Auto Workers officials in Flint, Michigan, representing workers at the General Motors truck assembly plant in Flint, Michigan, have taken to social media to warn of potential parts shortages at the General Motors truck assembly plant created by the medical...
by Paul A. Eisenstein | Feb 13, 2020
Luxury knows no boundaries, it seems, as high-line automakers extend their brands to take in everything from designer sunglasses to exclusive condominium complexes. Then there’s Mercedes-AMG, Daimler’s high-performance brand announcing today that it is teaming up for...
by Michael Strong | Feb 13, 2020
Tesla officials have maintained for some time that they have no plans to raise any new funds, including through a new stock sale. So naturally, the company is now issuing $2 billion in new shares. The EV maker’s stock price has increased dramatically – by triple – in...
by Joseph Szczesny | Feb 13, 2020
Last month, Nissan predicted its third-quarter earnings report would be bad, and the official filing reveals they were correct, and that future results are unlikely to improve much without making some dramatic moves. For the first nine months of the fiscal year,...
by Paul A. Eisenstein | Feb 13, 2020
For decades, the automotive industry lived by the adage, “safety doesn’t sell.” How times have changed. Today, picking a safe vehicle – especially one with the latest high-tech hardware onboard – has become the new mantra for most buyers. And the Insurance Institute...
by Joseph Szczesny | Feb 13, 2020
Fiat Chrysler Automobiles N.V. is apparently taking another step away from the passenger car market. The Italian-American automaker, like its Detroit-based rivals General Motors and Ford, has taken steps to move away from passenger cars to focus on more profitable...
by TDB Staff | Feb 12, 2020
Affiliate Disclosure x Please note that The Detroit Bureau and its partners may be compensated if you purchase the recommended services. Are the proud owner of a Toyota? You are a plurality! According to Motoring Research, the Japanese manufacturer had...
by Michael Strong | Feb 12, 2020
Almost as quickly as General Motors’ former Lordstown, Ohio plant was saved by the automaker selling it to a new owner, it may be in jeopardy once again courtesy of the Trump administration. Ironically, it was President Donald Trump who pounded his fist, demanding GM...
