by Michael Strong | Feb 3, 2020
Automakers are always looking for an edge on the competition and Hyundai Motor America is looking to offer potential customers some additional value for their purchase or lease by providing three years of complimentary maintenance. Applicable for any 2020 model year...
by Michael Strong | Feb 3, 2020
General Motors finally made the switch at its Corvette plant in Bowling Green, Kentucky, beginning regular production of the 2020 Corvette Stingray coupe. The eighth generation of the ’Vette, which was named the 2020 North American Car of the Year, has had buyers...
by Michael Strong | Jan 31, 2020
Struggling luxury automaker Aston Martin received the financial lifeline it’s been searching for in hopes of offsetting lower-than-expected sales in the last 18 months. Canadian billionaire Lawrence Stroll agreed to spend 182 million pounds, or about $240.2 million,...
by Paul A. Eisenstein | Jan 31, 2020
Stretching for nearly a mile from one end to the other, the Frankfurt Messe, the city’s convention center complex, is one massive affair. And, yet, for decades the auto industry filled up almost every inch of the complex, even setting up additional, temporary display...
by Joseph Szczesny | Jan 31, 2020
In another sign suggesting consolidation is the order of the day in the car business, two of the industry’s top suppliers plan to merge. BorgWarner will acquire rival automotive supplier Delphi Technologies in an all-stock transaction valued at $3.3 billion that...
by Joseph Szczesny | Jan 29, 2020
Analysts at TrueCar are predicting, just like in 2019, sales of new vehicles will get off to a slow start in January. Meanwhile, a new study from IHS Markit found the growth rate of those households with sedans acquiring sport-utility vehicles is slowing in the U.S....
by Paul A. Eisenstein | Jan 28, 2020
With more than 4,000 people in China now infected by the coronavirus and more than 100 dead, Chinese authorities are taking major steps in a bid to halt the spread of the disease, among other things limiting travel and shutting down some schools and factories where...
by Michael Strong | Jan 27, 2020
Ford Motor Co. could pay out more than $100 million as part of a settlement the automaker reached with owners of Ford Focus and Fiesta vehicles as a result of repairs to faulty dual clutch transmissions. The deal to satisfy a class-action suit by nearly 2 million...
by Paul A. Eisenstein | Jan 24, 2020
The White House is reversing itself on federal fuel economy standards, a draft resolution now calling for mileage to rise 1.5% annually through 2029 after originally scheduled to freeze at 2020 levels. The revisions come in the face of strong opposition from...
by Michael Strong | Jan 23, 2020
Buying a new vehicle is exhilarating and exciting, but it can also be exhausting and maddening. Searching the internet is increasingly the go-to move for new car buyers, but almost no paperwork is signed until at least one trip to a dealership is made. New buyers like...
by Michael Strong | Jan 22, 2020
Japanese automakers Toyota and Honda are recalling 6 million vehicles to deal with two separate airbag issues, including some Takata airbags. Toyota will fix 3.4 million vehicles around the world with ZF airbags that may not inflate due to the problem. The problem is...
by Joseph Szczesny | Jan 22, 2020
Daimler AG continues to deny cheating on emission tests despite the fact that the costs associated with its defense grows as the company’s operating income weakens. Daimler said Wednesday that it will set aside between 1.1 billion euros ($1.2 billion) and 1.5 billion...
