by Paul A. Eisenstein | Jun 8, 2020
Herbert Diess has been replaced as head of the Volkswagen brand, a post he has held since 2015, a move announced by the German automaker just days after a U.S. court cleared the way for new lawsuits targeting the German automaker in the wake of its diesel emissions...
by Michael Strong | Jun 8, 2020
Each of the past few years, Americans have set new records for how many miles they’ve driven; however, the coronavirus pandemic has put a halt to that trend in recent months, including the 39.8% drop in April. The U.S. Department of Transportation revealed that...
by Michael Strong | Jun 8, 2020
China’s auto industry continues to claw back from the coronavirus as companies saw a 1.9% increase in year-over-year sales in May with luxury cars leading the charge. The China Passenger Car Association said that premium and luxury passenger car retail sales rose 28%...
by Joseph Szczesny | Jun 8, 2020
President Donald Trump renewed earlier threats to levy heavy tariffs on new vehicles imported from Europe. Trump has periodically threatened to raise tariffs on such vehicles since he took office in 2017. His threats have been heard less frequently since last fall as...
by Michael Strong | Jun 5, 2020
New vehicle sales in May were better than expected, but overall were still down by about a third compared with last May. However, the real good news appears to be on the used-car side of the business appears to be on the rise. Used car sales were down 5% in May...
by Paul A. Eisenstein | Jun 4, 2020
After flattening out in May, U.S. auto sales ended the month with an unexpected burst of demand, but whether the sudden upturn – that saw many cities actually exceed pre-pandemic forecasts – will last is far from certain. As May came to an end, automakers began...
by Michael Strong | Jun 4, 2020
Automakers have been investing heavily in the development of autonomous vehicles; however, a new study suggests that effort may not produce the benefits expected, claiming self-driving cars will only reduce crashes by a third. The Insurance Institute for Highway...
by Paul A. Eisenstein | Jun 4, 2020
It’s hard not to smile when you get a look at the funky little Hyundai Veloster, with its quirky layout: two doors on the driver’s side, one on the passenger side. The South Korean hatchback has found a small but reasonably steady audience since its debut for the 2012...
by Paul A. Eisenstein | Jun 4, 2020
Doctors are starting to discover that COVID-19 can have long-lingering effects. That’s no surprise to the auto industry which is expected to feel the impact for years to come, according to a new study which anticipates global vehicle sales will fall about 47 million...
by Joseph Szczesny | Jun 3, 2020
Former United Auto Workers President Gary Jones faces up to five years in prison after pleading guilty to embezzling more than $1 million dollars in union funds and tax evasion. Jones, 63, pleaded guilty to one count of conspiring to embezzle UAW dues money and...
by Joseph Szczesny | Jun 3, 2020
Mazda broke through the string of negative sales reports brought on the COVID-19 pandemic by reporting a 1% sales increase that countered the overall drop in vehicles sales during the month. Mazda benefitted from strong sales of the CX-9 crossover, which increased by...
by Paul A. Eisenstein | Jun 3, 2020
The average price paid by U.S. motorists for a gallon of self-service regular nudged past the $2 mark for the first time since late March – and, with pandemic lockdowns ending in most parts of the country, Americans can expect to see even higher prices in the days and...
