by Michael Strong | Sep 17, 2019
Despite interest rates falling for most of the year, the Federal Reserve appears set to cut them once again despite the concerns by some are concerned about inflation and other issues. Weakening economic data, trade disputes, and global uncertainties, the Fed is...
by Paul A. Eisenstein | Sep 12, 2019
New vehicle prices have been rising fast in recent years and are now running closer and closer to $40,000 – but there are other things to consider if you’re looking to buy a new vehicle, and if you factor in things like interest rates and insurance, the typical new...
by Paul A. Eisenstein | Sep 11, 2019
When Tesla crossed a sales threshold and saw its federal tax incentives cut in half early this year, demand for products like the Model 3 sedan took a sharp tumble. EV proponents have long argued that government incentives are critical to build market momentum for...
by Paul A. Eisenstein | Sep 10, 2019
Volkswagen has a new look. The automaker’s familiar logo is getting a makeover designed to help it enter “a new era,” according to a senior executive who helped preview the makeover at the Frankfurt Motor Show on Tuesday. The outgoing logo, with its “V” and “W”...
by Michael Strong | Sep 10, 2019
At a time when many automakers are cutting down on their commitments to auto shows, Hyundai Motor came to this edition of the Frankfurt Motor Show determined to make as big an impact as possible. The Korean automaker not only revealed the 45, an electric vehicle...
by Paul A. Eisenstein | Sep 5, 2019
The new 2020 model-year is about to get underway. So is the new auto show season which kicks off next week with the IAA, better known as the Frankfurt Motor Show. The event, which alternates with Paris every other year, has traditionally been the biggest car show in...
by Joseph Szczesny | Sep 4, 2019
As the United Auto Workers target in its drive for a new contract, General Motors Co. faces a difficult challenge in finding a way to satisfy the UAW’s demands for economic gains and new protections of existing jobs in the automakers U.S. factories. “We look forward...
by Joseph Szczesny | Sep 4, 2019
Fiat Chrysler Automobile N.V. plans to discontinue the distribution of the current generation of Fiat 500 and Fiat 500e in North America due to slow and declining sales. The demise of the 500 was foretold by the sharp drop in sales. Sales have been declining for...
by Joseph Szczesny | Aug 29, 2019
New vehicle sales numbers for August are mixed, analysts agree, with unit sales increasing thanks to an extra day of sales but industry’s SAAR or seasonally adjusted annual rate of sales continuing to drop. Charles Chesbrough, senior economist with Cox Automotive,...
by Paul A. Eisenstein | Aug 29, 2019
Residents of the Detroit suburb of Pleasant Ridge know to wait a couple extra seconds after the light changes to green at the intersection where busy Woodward Avenue meets the interchange with I-696. Almost every day, police are called out to deal with crashes caused...
by Paul A. Eisenstein | Aug 27, 2019
We’ve been seeing spy shots and catching tidbits about the new Mercedes-AMG GLE 53 Coupe for some time now, so the first big surprise when we finally received the official news release came with the word that it will arrive later than expected in the U.S. market. Set...
