by Michael Strong | May 29, 2020
Super car maker McLaren Group is the latest automaker to highlight how hard the global pandemic has been on the industry, reporting its pre-tax loss in the first quarter jumped to 133 million pounds, or $164.3 million, from just 18 million pounds, or $22.2 million,...
by Paul A. Eisenstein | May 27, 2020
After months of decline, shares of the three automakers forming the Renault-Nissan-Mitsubishi Alliance surged sharply on global exchanges Wednesday. Shareholders signaled their satisfaction with plans to save the long-running partnership that had been teetering on...
by Paul A. Eisenstein | May 26, 2020
(This story has been updated with additional technical details and photos.) In the current automotive market – even before the coronavirus struck – it was becoming ever easier to ignore sedans, coupes and convertibles and focus on SUVs and CUVs. That might be true on...
by Michael Strong | May 26, 2020
McLaren Group, the British maker of super cars and a top Formula One racing team, announced it’s cutting 1,200 jobs across all of its businesses, including the racing team. As has been the case with so many other companies, McLaren’s been hit hard financially due to...
by Joseph Szczesny | May 26, 2020
The economic crisis created by the coronavirus pandemic has claimed its first transportation industry casualty, rental car giant Hertz – but the impact is likely to be felt by numerous automakers, as well as U.S. used car buyers. Hertz Global Holdings Inc., the owner...
by Michael Strong | May 21, 2020
The long Memorial Day holiday is typically one of the biggest travel weekends in the U.S. each year; however, due to the COVID-19 pandemic traffic is expected to be down 64%. Of the millions that do plan to head out, a new study shows that 75% will travel to their...
by Paul A. Eisenstein | May 19, 2020
(UPDATE: The National Safety Council now reports that, despite the sharp drop in traffic due to pandemic lockdowns, motor vehicle fatality rates jumped 14% in March, speeding, racing and other behaviors apparently behind the increase.) More than three weeks after they...
by Paul A. Eisenstein | May 18, 2020
You might think of the Porsche 911 Targa as the original hardtop convertible. First introduced back in 1967 and drawing inspiration from the German automaker’s motorsports program, it’s been an essential part of the automaker’s line-up ever since. And now, it’s making...
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 Michael Strong | May 11, 2020
Audi continues to enhance its in-car infotainment experience as it rolls out the third generation of its modular infotainment toolkit, known as MIB 3, in its 2021 models coming this fall. While current Audi owners won’t see much of a change from the current version,...
by Joseph Szczesny | May 8, 2020
This weekend marks the 50th anniversary of the death of Walter Reuther, the legendary leader of the United Auto Workers, who built the union into a significant force in American life. Reuther’s death in May 1970 came at a tumultuous time. The four students had been...
by Michael Strong | May 7, 2020
If it’s spring, it’s time for some open-air driving and fortunately for all of us, Lamborghini has us all covered – or uncovered, as it were – with its new Huracán EVO Spyder. The legendary Italian sports car maker virtually debuted its latest soft top, touting its...
