by Paul A. Eisenstein | Jun 3, 2020
The alleged murder of George Floyd at the hands of police while being arrested in Minneapolis last month has triggered sometimes violent protests across the United States, but also an outpouring of responses from religious, civic and business leaders – including the...
by Joseph Szczesny | Jun 3, 2020
Toyota is offering a special limited edition of the Toyota Corolla hatchback for the 2021 model year. The 2021 Corolla Hatchback, which will arrive in late summer, features an exclusive body kit and striking Supersonic Red paint inspired by a vehicle from a Southern...
by Michael Strong | Jun 2, 2020
If automakers report better-than-expected results for new vehicle sales in May, the interest rates buyers got may be the primary reason, coming in at their lowest level in seven years. The annual percentage rate, or APR, on new financed vehicles averaged 4% last...
by Paul A. Eisenstein | Jun 2, 2020
With auto shows on hold, we’re getting quite familiar with online videoconferencing, BMW the latest to use a webcast to pull the covers off a new product – in this case, the second-generation 4-Series Coupe. While there’s been a massive shift from passenger cars to...
by Michael Strong | Jun 2, 2020
The battle to develop the first viable self-driving vehicle just got a little more intense with the announcement Volkswagen and Argo AI closed a $2.6 billion deal to develop autonomous vehicle technologies. The partnership is part of larger alliance involving Ford...
by Michael Strong | Jun 1, 2020
The coronavirus pandemic has wrecked much of the carefully orchestrated production plans of automakers around the world, making it tougher for potential buyers of high-demand vehicles, like pickups, to secure the vehicle they want. It appears that General Motors will...
by Michael Strong | Jun 1, 2020
Automakers around the globe are finalizing the count on how many vehicles they sold in May and South Korean automakers Hyundai Motor Co. and Kia Motors said its initial results showed their global sales fell by double-digit percentages. Hyundai report its sales fell...
by Paul A. Eisenstein | May 29, 2020
There are plenty of reasons to anticipate the demise of the Nissan Z sports car. After all, the Japanese automaker pulled the plug on the convertible version last year, and it has let the coupe go more than a decade with only modest updates. Add the reality that...
by Michael Strong | May 29, 2020
Volkswagen AG is betting big – more than $2 billion – that the Chinese electric vehicle market – the largest in the world – will rebound, leading to growth for its burgeoning line-up of electric vehicles and ultimately to more profits. The German automaker announced...
by Paul A. Eisenstein | May 29, 2020
With the exception of the Mustang, Ford has all but abandoned the passenger car market—but it’s more than making up for that gap, it seems, by rolling out a steady stream of pony car variants for seemingly every possible buyer. We’ve already seen new versions of the...
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 28, 2020
The Memorial Day weekend is always a big one for the U.S. auto industry and was expected to be particularly strong this year, the industry anticipating a surge in demand thanks to hefty incentives and the end of pandemic lockdowns in much of the country. The problem...
