Auto Sales Down 33.7% During Q2 Despite Improved Climate

Auto Sales Down 33.7% During Q2 Despite Improved Climate

U.S. auto sales have been hammered since the coronavirus pandemic hit the country in late February and early March. After tough results in March and April, the market has slowly begun to bounce back, offering encouragement to automakers and the industry and leading...
Fiat Chrysler Reports $1.24B Loss for Second Quarter

Fiat Chrysler Reports $1.24B Loss for Second Quarter

Fiat Chrysler Automobile N.V. financial results were “significantly” better than expected during the second quarter despite the losses the company suffered as its shipments to dealers dropped by two-thirds due to the impact of the COVID-19 pandemic The company...
First Drive: 2021 Lexus LC 500 Convertible

First Drive: 2021 Lexus LC 500 Convertible

Hard to imagine but the Lexus brand has now been around for more than 30 years and has proved that the Japanese can go head-to-head with anyone when it comes to delivering the sort of features luxury buyers expect. That said, while Lexus vehicles are reliable, quiet,...
Mazda Celebrates 100 Years with Special Edition Miata

Mazda Celebrates 100 Years with Special Edition Miata

As the automotive industry’s been around for more than a century, automakers have been commemorating 100-year milestones for more than a decade now, Mazda being the latest with its special 100th Anniversary Mazda MX-5 Miata. To be clear, it’s a century of Mazda being...
Get a Limited-Edition Bugatti for as Little as $35K

Get a Limited-Edition Bugatti for as Little as $35K

Antique Bugatti fans with teenagers, be they children or grandchildren, are getting a second chance to scratch a $35,000 itch. During the 2019 Geneva Motor Show, Bugatti decided to mark its 110th birthday by producing a replica of the Bugatti Baby. And, to paraphrase...
Hertz Gets Go Ahead to Sell 182K Vehicles from Fleet

Hertz Gets Go Ahead to Sell 182K Vehicles from Fleet

For those who saw rental car giant Hertz’s bankruptcy filing as a way to get a good deal on a used vehicle because the company would be selling off thousands of vehicles, it may be time to get that checkbook ready. Hertz Global Holdings Inc. met with its lenders and...
Driver Fatality Rates Rise for Third Consecutive Month

Driver Fatality Rates Rise for Third Consecutive Month

For the third consecutive month, U.S. motorists are driving less, but dying more often, according to early estimates from the National Safety Council. The NSC revealed that with May’s data accounted for from all 50 states, despite the fact that most of the country was...
Daimler Seeing Red Due to Second Quarter Estimates

Daimler Seeing Red Due to Second Quarter Estimates

The first big automaker to release its financials for the second quarter, Daimler AG, the German maker of luxury cars, trucks and busses, reported a loss of for the second quarter, when as the pandemic took a heavy toll on the global economy. Daimler said the group’s...