by Michael Strong | Mar 30, 2020
Automakers have been pursuing and promoting their electrification efforts for so long – and loud – other alternative fuel sources have seemingly gone by the wayside. However, BMW’s reminding us it’s still working on its hydrogen fuel cell program. The Bavarian...
by Paul A. Eisenstein | Mar 30, 2020
With tens of millions of Americans sheltering in place, a growing glut of fuel has translated into a rapid plunge in gas prices, pumps across the country now dipping below an average $2 a gallon, according to tracking service GasBuddy.com. How much further the figures...
by Paul A. Eisenstein | Mar 30, 2020
At a time when social distancing is expected to drag on for some time and much of the global industry is currently shut down, it’s easy to question just how far back things are likely to slip when everything gets back to a level of reasonable normality. That said, we...
by Joseph Szczesny | Mar 30, 2020
The extension of the rules for social distancing and the shutdown on non-essential businesses through April is certain to intensify the strain on automakers, reducing their cash flow sharply as sales of new vehicles continue to fall precipitously. President Donald...
by Paul A. Eisenstein | Mar 30, 2020
With the spring auto show season scrubbed due to the coronavirus pandemic, automakers are looking for creative ways to introduce their latest products, and for Genesis, the solution was a global webcast to pull the wraps of the next-generation G80. To no surprise, the...
by Paul A. Eisenstein | Mar 28, 2020
This story has been updated with additional information. The 2020 North American International Auto Show, which was supposed to take place in June for the first time has, instead, been canceled due to the worsening coronavirus crisis. Detroit has been one of the...
by Paul A. Eisenstein | Mar 27, 2020
A long-simmering battle could come to a boil next week when the Trump Administration is expected to formally announce a rollback of the Corporate Average Fuel Economy, or CAFE, standards. President Donald Trump has long advocated reducing the guidelines established...
by Paul A. Eisenstein | Mar 27, 2020
The Sunset Auto Family in Sumner, Washington, has long been that state’s biggest Chevrolet dealer, with a staff of 270 on the sales floor, service shop and back end operations. But owner Bill Mitchell this week had to lay off 200 of those employees as his sales...
by Paul A. Eisenstein | Mar 27, 2020
The auto industry has been a frequent target for President Donald Trump and the nation’s two largest automakers came in for a lashing on Friday as he appeared to try to shift blame for the administration’s slow response to the coronavirus pandemic. In a tweet, the...
by Michael Strong | Mar 27, 2020
Hoping to fend off a takeover of the union by government officials, UAW President Rory Gamble has agreed to meet with federal prosecutors, who have been critical of the union’s level of assistance during the ongoing investigation of corruption involving the union and...
by Michael Strong | Mar 27, 2020
Another major U.S. sporting event is being postponed due to the coronavirus pandemic: the 2020 Indianapolis 500. This year’s race will run Aug. 23 instead of its original May 24 date. As a result, the 104th edition of the race will be the first one ever not completed...