by Paul A. Eisenstein | Jul 22, 2020
Credit federal aid, including extended unemployment benefits, with keeping the auto industry from crashing and burning during the coronavirus pandemic, Reid Bigland, the recently retired head of sales for Fiat Chrysler Automobiles, said during a webinar sponsored by...
by Paul A. Eisenstein | Jul 21, 2020
We all have a list of features we’d like when it comes time to buy a new car. Perhaps yours includes a heated steering wheel or onboard Wifi, maybe a hands-free driving system. Well, it seems that the most popular feature, according to a new study by research firm...
by Michael Strong | Jul 21, 2020
For the third consecutive month, U.S. motorists are driving less, but dying more often, according to early estimates from the National Safety Council. The NSC revealed that with May’s data accounted for from all 50 states, despite the fact that most of the country was...
by Paul A. Eisenstein | Jul 16, 2020
With the worsening global pandemic again taking a toll on automotive sales, there are growing indications manufacturers are preparing to trim back production, Reuters today reporting Nissan Motor Co. will cut worldwide output 30% through December due to declining...
by Michael Strong | Jul 15, 2020
The ongoing process to merge Fiat Chrysler Automobiles NV and French automaker Groupe PSA took another step forward as the two sides released the name of the new entity: Stellantis. Borrowing from the Latin verb “stello” meaning “to brighten with stars,” the name is...
by Joseph Szczesny | Jul 15, 2020
A new estimate by analysts suggests the auto industry could be headed for another soft patch as the surge of COVID-19 sweeps across the Sunbelt, where some of the largest markets for new cars are located. “The surge in COVID-19 cases across the country is negatively...
by Michael Strong | Jul 7, 2020
While new vehicle sales in the U.S. continue to lag due to the coronavirus pandemic, used-car sales are seeing much better results during the same time frame. Last month, new car sales fell nearly 30% while sales of used vehicles jumped 17% above the pre-pandemic...
by Michael Strong | Jul 6, 2020
Toyota Motor Co. is now telling eligible employees that they can work from home permanently as the company looks at ways to keep employees safe during the coronavirus pandemic. The move, which was reported by Nippon News, by the Japanese automaker makes it the first...
by Michael Strong | Jul 3, 2020
Tesla may have the biggest market cap in the automotive industry right now, but is the value of an carmaker determined by stock price alone? At least one group believes so, and it thinks that Toyota is still No. 1 — and Tesla is No. 4. Market research company Kantar...
by Joseph Szczesny | Jul 3, 2020
European carmakers have been focused on electric vehicles and the COVID-19 pandemic has put new pressure on vehicle emissions. Despite this, many carmakers – Daimler AG specifically – have not given up on the diesel engine. Mercedes-Benz Vans this week announced it...
by Paul A. Eisenstein | Jul 2, 2020
Dodge will continue its shift from mainstream to performance brand for the 2021 model-year, dropping both the Caravan minivan and Journey SUV, while increasing the power for its three remaining models, and adding a limited-run Hellcat version of the Durango...
by Joseph Szczesny | Jul 1, 2020
Car sales plunged across the board during June, capping off the auto industry’s worst quarter in decades as the economic shutdown brought on by the pandemic battered sales of new vehicles in the U.S. General Motors said its sales dropped 34% in the second quarter...