by Joseph Szczesny | Feb 5, 2020
Ford Motor Co. suffered through a disastrous fourth quarter in 2019, losing $1.7 billion, or 42 cents per share, which included a pension readjustment that cost the company $2.2 billion, and it expects a tough start to 2020. The company’s adjusted earnings before...
by Paul A. Eisenstein | Feb 5, 2020
At a frightening pace, the coronavirus continues to spread, with the number of those affected by the disease, by some counts, already topping 100,000. But the impact is now being measured by more than just the physical toll as the epidemic begins to hammer the Chinese...
by Michael Strong | Feb 5, 2020
General Motors Corp. paid a price to get the new four-year contract it wanted with the UAW — $2.6 billion. That loss during the fourth quarter was the difference between the financial results for 2019 and 2018. The auto giant posted a full-year profit of $6.7 billion,...
by Paul A. Eisenstein | Feb 4, 2020
This story includes new information. In the age of the SUV, it’s easy to get lost in the crowd. But few models have stood out like the Cadillac Escalade, the original “King of Bling.” The original model helped redefine what the luxury sport-utility vehicle was all...
by Michael Strong | Feb 4, 2020
When Amazon led a $700 million round of investment in electric vehicle maker Rivian last year, there were no clear plans about how, or even if, the two companies would interact. However, it last fall Amazon said it would order 100,000 electric delivery vans from the...
by Paul A. Eisenstein | Feb 4, 2020
When Andy Palmer came onboard as the new Aston Martin CEO in 2014 he quickly outlined an aggressive product plan that included the revival of the long-dormant Lagonda brand in all-electric form. Now, however, the British marque is tearing up Palmer’s playbook. As part...
by Michael Strong | Feb 4, 2020
If Tesla Inc. is looking to develop a corporate motto it might consider “let the good times roll,” as the California-based EV maker has enjoyed a wave of positive news and events, the latest being that it’s stock price rolled past the $900 mark. The company’s jumped...
by Joseph Szczesny | Feb 4, 2020
Great Britain may have left the European Union, but it is continuing to follow a very European-oriented policy on motor vehicle emissions. Prime Minister Boris Johnson plans to announce that Great Britain will ban the sale new cars using gasoline or diesel engines...
by Paul A. Eisenstein | Feb 4, 2020
We’ve been waiting to see what Kia might have in store for the next version of its global SUV flagship and, no, we’re not talking about the new Telluride but the smaller Sorento. Set to make its debut at the Geneva International Auto Show next month, the...
by Michael Strong | Feb 3, 2020
Automakers are always looking for an edge on the competition and Hyundai Motor America is looking to offer potential customers some additional value for their purchase or lease by providing three years of complimentary maintenance. Applicable for any 2020 model year...
by Michael Strong | Feb 3, 2020
General Motors finally made the switch at its Corvette plant in Bowling Green, Kentucky, beginning regular production of the 2020 Corvette Stingray coupe. The eighth generation of the ’Vette, which was named the 2020 North American Car of the Year, has had buyers...
by Paul A. Eisenstein | Feb 3, 2020
The streets of Beijing were unusually quiet this past weekend, a time when the Chinese would normally be out in large numbers celebrating the end of the Lunar New Year. But with the coronavirus now blamed for more deaths in that country than were experienced during...
