by Joseph Szczesny | Mar 23, 2020
General Motors, Ford and Fiat Chrysler, with the approval of the United Auto Workers, have asked for volunteers from among blue-collar employees to keep their parts warehouses all across the country during the unfolding pandemic. All three automakers have shuttered...
by Michael Strong | Mar 20, 2020
The coronavirus pandemic has caused major disruptions across the U.S. for automakers and the lives of those working for car companies not to mention those who own or are seeking to own vehicles. Thus far, automakers have taken a two-pronged attack when it comes to...
by Paul A. Eisenstein | Mar 20, 2020
The coronavirus epidemic is having a drastic impact on the auto industry, manufacturers largely shutting down their North American production operations through at least March 30, even as sales are expected to drop by more than half next month. But buyers are also...
by Joseph Szczesny | Mar 20, 2020
Companies with permits to test autonomous vehicles in California with a safety driver reported they drove nearly 2.9 million miles during the most recent reporting period, according to disengagement reports recently submitted to the state’s Department of Motor...
by Paul A. Eisenstein | Mar 19, 2020
What started out seeming to be just a small, downward blip quickly has turned into a rout. Last Sunday, U.S. car sales were off 36% and could be down 41% for the entire month of March, according to Tyson Jominy. But that’s just likely the start of a systemic shock...
by TDB Staff | Mar 19, 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. CarMax is a Fortune 500 used-car retailer. The company has more than...
by Joseph Szczesny | Mar 19, 2020
The pandemic has all but shut down cities such New York and San Francisco, it’s also affecting oil prices that are falling at a rate where producers are hoping for relief from what analysts describe as a “perfect storm.” Gas Buddy noted this week the national average...
by Paul A. Eisenstein | Mar 18, 2020
The Detroit Three automakers on Wednesday announced plans to shut down production until at least March 30, a move largely driven by the need to protect workers’ health at their parts and assembly plants. But GM, in a statement, noted that it also needs to...
by Paul A. Eisenstein | Mar 18, 2020
(This story has been updated to include FCA’s planned production closure and the ordering of Tesla to close its Fremont plant.) The nation’s three largest domestic automakers have announced plans to start an “orderly” shutdown of their North American...
by Joseph Szczesny | Mar 18, 2020
The United Auto Workers said Detroit’s automakers will cut production in half by using rotating shifts that carmakers hope will give them more time for cleaning to keep the threat of COVID-19 at bay. Rory Gamble, UAW president, said after a meeting with executives...
by Paul A. Eisenstein | Mar 17, 2020
You might get a sense of déjà vu in the coming weeks as you watch automakers struggle to kickstart fast-falling sales while also taking steps to prevent a wave of repossessions as job losses mount and owners struggle to pay their car loans and leases. If anything,...
by Joseph Szczesny | Mar 17, 2020
ALG, a subsidiary of TrueCar, updated its 2020 new vehicle sales forecast, calling for a major downshift in car sales in what it described as the longer-term economic slowdown as the economic wreckage from the COVID-19 hits home. The forecast calls for a 14.2% decline...
