by Paul A. Eisenstein | Jul 8, 2020
Steve Carlisle, who has served as head of Cadillac for the past two years, has been named the new president of General Motors North American operations. The 58-year-old Carlisle replaces Barry Engle, who was said to be seeking to pursue other opportunities. When he...
by Paul A. Eisenstein | Jul 8, 2020
Like a cat, the Chevrolet Sonic has survived a series of near-death experiences – but it has finally run out of lives, Chevy announcing it will drop the smallest passenger car in its line-up “due to declining demand.” The imminent departure brings parent General...
by Joseph Szczesny | Jul 8, 2020
The pandemic remains a challenge of historic proportions, Daimler AG executives said during a shareholders meeting conducted via the Internet after it was postponed from its original date in April as COVID-19 spread across Europe. During the meeting, shareholders were...
by Paul A. Eisenstein | Jul 7, 2020
Still think electric vehicles are slow and stodgy? You might change your mind – fast – after checking out some numbers from Lotus. The British brand, long known for its exotic, high-performance sports cars, is betting big on electrification, the new Lotus Evija...
by Michael Strong | Jul 7, 2020
While new vehicle sales in the U.S. continue to lag due to the coronavirus pandemic, used-car sales are seeing much better results during the same time frame. Last month, new car sales fell nearly 30% while sales of used vehicles jumped 17% above the pre-pandemic...
by Joseph Szczesny | Jul 7, 2020
General Motors Co. appears to have won a small victory in its legal battle with Fiat Chrysler Automobiles N.V. as the U.S. Sixth Circuit Court of Appeals accepted GM’s petition to set aside a judge’s order mandating GM CEO Mary Barra and FCA CEO Mike Manley meet face...
by Michael Strong | Jul 6, 2020
Toyota Motor Co. is now telling eligible employees that they can work from home permanently as the company looks at ways to keep employees safe during the coronavirus pandemic. The move, which was reported by Nippon News, by the Japanese automaker makes it the first...
by Paul A. Eisenstein | Jul 6, 2020
While Mercedes-Benz and Cadillac may have scrapped their subscription services, these low-commitment options are still being offered by at least nine other manufacturers – as well as several third-party vendors. These services, which offer flat-rate, all-inclusive...
by Paul A. Eisenstein | Jul 6, 2020
Mercedes-Benz is canceling its two-year-old subscription service, the Mercedes Collection, the latest automaker to pull back on a concept some have brightly proclaimed the future of the automotive business. Not all subscription services are the same, though Mercedes...
by Joseph Szczesny | Jul 6, 2020
Mercedes-Benz is pushing ahead with what the company describes as its “electric first” strategy by taking an equity stake in a Chinese maker of battery cells – Farasis Energy. The announcement of the new partnership represents another “important milestone towards...
by Michael Strong | Jul 3, 2020
Tesla may have the biggest market cap in the automotive industry right now, but is the value of an carmaker determined by stock price alone? At least one group believes so, and it thinks that Toyota is still No. 1 — and Tesla is No. 4. Market research company Kantar...
by Joseph Szczesny | Jul 2, 2020
The second day of sales results saw the final member of the Big Three – Ford – report second quarter results that mimicked those of their Detroit-based rivals: down. Ford’s overall Q2 sales were down 33.3%, the company revealed, adding that its retail business...
