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...
by Paul A. Eisenstein | Jul 1, 2020
The game is about to change for the North American auto industry as the new USMCA trade pact officially goes into effect. Formally known as the U.S.-Mexico-Canada Agreement, it replaces NAFTA, the three-nation deal that had encouraged the development of an essentially...
by Joseph Szczesny | Jul 1, 2020
The United Auto Workers and the U.S. Attorney’s office in Detroit will continue to discuss ways to reform the union in the wake of the initial meeting between UAW President Rory Gamble and Matthew Schneider, the U.S. attorney for the Eastern District of Michigan. The...
by Joseph Szczesny | Jun 30, 2020
For a lot of reasons, some practical and some mythical, the pickup truck has a tight grip on the heart strings of American motorists these days, and while Toyota’s trucks haven’t matched the sale success of pickups from Chevy, Ford or Ram, they have carved out their...
by Michael Strong | Jun 29, 2020
Automakers continue to find ways to try to become part of social change as Ford Motor Co. is pausing all advertising on social media platforms in the U.S. for the next 30 days, calling for an end to hate speech and other racially insensitive actions there. The...
by Paul A. Eisenstein | Jun 29, 2020
There will be no Geneva International Motor Show next year, organizers pointing to concerns that the coronavirus pandemic could drag on into 2021. The annual Swiss gathering was the first car show of the year to be canceled due to the eruption of the coronavirus...
by Paul A. Eisenstein | Jun 29, 2020
(This story has been revised to note the correct number of CarMax employees.) About 300,000 employees at U.S. franchised dealerships were terminated or furloughed due to the coronavirus pandemic. While some have returned to work as retail sales rebound, the crisis is...
by Michael Strong | Jun 29, 2020
Automakers have been looking for ways during the pandemic to bolster the confidence of wary potential buyers who are worried they could get a new vehicle then lose their job and be stuck with a payment they can no longer afford. Ford is the latest looking to assuage...
by Joseph Szczesny | Jun 29, 2020
(This story has been updated to include today’s decision from the appeals court.) The meeting is on hold — for now. The Sixth Circuit Court of Appeals today stayed a lower court ruling that would have required General Motors CEO Mary Barra and Fiat Chrysler...
by Michael Strong | Jun 26, 2020
Anyone wondering if U.S. auto sales would experience a June swoon after two months of improving results can put those thoughts out of their heads, according to three prominent automotive consultancies. J.D. Power and LMC Automotive revealed they expect sales will be...
by Paul A. Eisenstein | Jun 26, 2020
Amazon has made no secret of its interest in switching to a fleet of self-driving delivery vehicles, and after announcing the order of 100,000 battery trucks last year, it is taken a critical step towards filling in the next piece of the puzzle with today’s...
by Paul A. Eisenstein | Jun 26, 2020
Under first-of-their-kind rules, California regulators will require a major shift from gas and diesel to zero-emissions battery and hydrogen technology for new vans and trucks sold in the state, starting in 2024. The new guidelines will mean that at least 40% of the...