by TDB Staff | May 5, 2020
Affiliate Disclosure x The Detroit Bureau and its partners may be compensated if you purchase the recommended services. This allows us to provide in-depth research at no cost to you. If you’ve shopped for or purchased a used car, you might have been presented...
by Michael Strong | May 5, 2020
Honda is taking the battle against COVID-19 to the streets of the Motor City, delivering 10 specially outfitted Odyssey minivans to the City of Detroit to transport people potentially infected with COVID-19, as well as healthcare workers. The vans are designed to...
by Michael Strong | May 5, 2020
Like its Detroit-area rivals, Fiat Chrysler Automobiles took a massive first-quarter earnings hit due to the impact of the coronavirus pandemic, posting net loss of $1.84 billion for the period with more to come. The loss is in contrast to a $520 million profit for...
by Joseph Szczesny | May 4, 2020
With automakers looking for ways to restart production, the United Auto Workers said Thursday said it wants to see more proof that workers on the industry’s assembly lines will be protected before giving it approval to any kind of back-to-work order. “We continue to...
by Joseph Szczesny | May 1, 2020
Sales figures from the handful of carmakers reporting April results reflected the expected sharp decline in new vehicle sales last month as the COVID-19 pandemic shut down the U.S. economy. Subaru of America Inc. reported 30,620 vehicle sales for April 2020, a 47%...
by Michael Strong | May 1, 2020
Automakers have been working overtime to provide incentives to encourage customers to buy new vehicles during the coronavirus pandemic, and one particular strategy seems to working: zero-percent financing. Zero percent finance deals hit a new high in April, according...
by Paul A. Eisenstein | Apr 29, 2020
While the U.S. automotive market is in the midst of its worst slump since the Great Recession, sales during the coronavirus pandemic haven’t tumbled quite as badly as originally expected – and there are signs of “recovery nearly everywhere,” according to J.D. Power....
by Paul A. Eisenstein | Apr 29, 2020
Toyota is pushing back the planned reopening of its U.S. manufacturing network by a week, workers now expected to begin reporting to their posts on May 11. The Japanese giant becomes the latest on a growing list of automakers who have delayed restarting production due...
by Michael Strong | Apr 28, 2020
As automakers scramble to try to find ways to stem expected losses due to the impact of the coronavirus pandemic, Nissan officials revealed the company is likely to post its first full-year operating loss in more than a decade. The automaker, which is in the midst of...
by Paul A. Eisenstein | Apr 28, 2020
(This story has been updated to show Honda is now set to open its U.S. plants on May 11.) Yet again, Detroit’s Big Three automakers are planning to push back their launch of production as the country slowly begins to emerge from the lockdown created by the coronavirus...
by Joseph Szczesny | Apr 28, 2020
Smart cities, in theory, can be an ecosystem of technologies that use data and analytics to manage assets and resources more efficiently with user-specific applications that could enhance public safety. Some advancements in this sector are already playing a huge role...
by Michael Strong | Apr 24, 2020
The decline in new vehicle sales due to the coronavirus pandemic isn’t just a problem for automakers’ bottom lines. The full stop on sales is taking its toll on the used car market as well, causing prices to fall precipitously. When the country enters tough economic...
