by Michael Strong | Jun 18, 2020
The impact of the pandemic has forced many companies to take a hard look at how they will do business in the future, and ride-hailing service Lyft Inc. is making a major change, committing to using battery-electric vehicles only by 2030. In a blog post on its website,...
by Michael Strong | Jun 17, 2020
General Motors plans to recognize Juneteenth, which marks the end of slavery in the U.S., Friday with 8 minutes and 46 seconds of silence. Juneteenth is June 19, and the period of silence matches the amount of time that the Minneapolis police officer knelt on Floyd’s...
by Joseph Szczesny | Jun 12, 2020
After an abrupt decline in ad spending during the stay-at-home orders designed to stop the spread of COVID-19 and the cancellation or postponements of key advertising vehicles such as the NCAA Basketball Tournament and the NBA playoffs, auto advertising surged during...
by Michael Strong | Jun 8, 2020
Each of the past few years, Americans have set new records for how many miles they’ve driven; however, the coronavirus pandemic has put a halt to that trend in recent months, including the 39.8% drop in April. The U.S. Department of Transportation revealed that...
by Michael Strong | Jun 8, 2020
China’s auto industry continues to claw back from the coronavirus as companies saw a 1.9% increase in year-over-year sales in May with luxury cars leading the charge. The China Passenger Car Association said that premium and luxury passenger car retail sales rose 28%...
by Michael Strong | Jun 5, 2020
New vehicle sales in May were better than expected, but overall were still down by about a third compared with last May. However, the real good news appears to be on the used-car side of the business appears to be on the rise. Used car sales were down 5% in May...
by Joseph Szczesny | Jun 5, 2020
Fiat Chrysler Automobiles N.V. will offer retirement packages as it moves to trim 1,500 jobs the company’s assembly plant in Windsor, Ontario, setting the stage for a contentious round of negotiations with Unifor, the union representing FCA’s Canadian workers. “As...
by Michael Strong | Jun 5, 2020
Fiat Chrysler continues to make its Pacifica minivan more capable, making all-wheel drive an available option on its 2020 Launch Edition model, ahead of its initial 2021 model-year reintroduction. Plans called for the brand to offer it next year, but the rise of...
by Paul A. Eisenstein | Jun 4, 2020
After flattening out in May, U.S. auto sales ended the month with an unexpected burst of demand, but whether the sudden upturn – that saw many cities actually exceed pre-pandemic forecasts – will last is far from certain. As May came to an end, automakers began...
by Michael Strong | Jun 4, 2020
Automakers have been investing heavily in the development of autonomous vehicles; however, a new study suggests that effort may not produce the benefits expected, claiming self-driving cars will only reduce crashes by a third. The Insurance Institute for Highway...
by Joseph Szczesny | Jun 3, 2020
Former United Auto Workers President Gary Jones faces up to five years in prison after pleading guilty to embezzling more than $1 million dollars in union funds and tax evasion. Jones, 63, pleaded guilty to one count of conspiring to embezzle UAW dues money and...
by Joseph Szczesny | Jun 3, 2020
Mazda broke through the string of negative sales reports brought on the COVID-19 pandemic by reporting a 1% sales increase that countered the overall drop in vehicles sales during the month. Mazda benefitted from strong sales of the CX-9 crossover, which increased by...
