Daimler AG Stumbles as Third Quarter Earnings Drop

Daimler AG Stumbles as Third Quarter Earnings Drop

Daimler Group earnings declined by 26% during the third quarter as earnings before interest and taxes dropped to 2.5 billion euros from the 3.4 billion posted in the third quarter of 2017. Daimler’s net earnings of 1.76 billion euros were significantly below the...
Consumer Reports: Domestic Vehicle Reliability Slipping

Consumer Reports: Domestic Vehicle Reliability Slipping

Toyota and Lexus came out on top in Consumer Reports annual reliability survey thanks in large part to a cautious approach to adapting to new technology. However, the Toyota Tundra, the automaker’s entry into the full-size truck segment, slipped off Consumer Reports...
Jackson Stepping Down as AutoNation CEO

Jackson Stepping Down as AutoNation CEO

The auto industry is going to be a little less colorful in the near future as AutoNation’s Mike Jackson is stepping down as Chief Executive Officer next year; however, he will remain executive chairman until 2021. “AutoNation is the retail automotive industry...
Volkswagen Reveals $6B “Electric for All” Plans

Volkswagen Reveals $6B “Electric for All” Plans

Volkswagen AG is readying to kick off its long-expected onslaught of electric vehicles from its MEB platform, revealing an investment of more than $6 billion for plant upgrades to produce more than 10 million EVs by the end of 2025. The moves are part of what VW dubs...
More than a Third of Teens Texting Behind the Wheel

More than a Third of Teens Texting Behind the Wheel

A new study is recommending tougher laws for texting while driving after it was determined that more than a third of teenage drivers engage in the dangerous – and possibly deadly – activity while behind the wheel. Researchers surveyed 101,397 teens age 14 and up, from...
Simple Car Maintenance Can Avoid Costly Tickets

Simple Car Maintenance Can Avoid Costly Tickets

Few things are as annoying as that warning light that suddenly pops up on your dashboard. All too often, drivers put off dealing with those potentially costly repairs until it’s too late. However, in the course of vehicle ownership, there are often maintenance issues...
J.D. Power Targets Consumers with New Auto Website

J.D. Power Targets Consumers with New Auto Website

It may be a familiar name to American new car buyers, but until now, J.D. Power and Associates has only reached out to consumers indirectly, largely by relying on traditional media outlets to summarize the results of familiar studies, such as the annual Initial...
Mercedes-Benz Opens New Sprinter Plant

Mercedes-Benz Opens New Sprinter Plant

Mercedes-Benz Vans is kicking off production of its new 2018 Sprinter van in its new plant in North Charleston, South Carolina, with more than 900 new employees putting together the next-gen model. The new van is getting a big sales boost from Amazon, which is...