by TDB Staff | May 12, 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. Mercedes-Benz makes highly engineered vehicles for the driving...
by Michael Strong | May 12, 2020
Honda Motor Co. on Tuesday became the latest automaker to post disappointing quarterly and annual financial results while Toyota Motor Co.’s top executive warned the company could see profits drop as much as 80% for the year. in Honda’s case for fiscal year 2019, the...
by Paul A. Eisenstein | May 11, 2020
Toyota is just gearing up to reopen its sprawling North American production network – but the automaker expects to assemble nearly a third fewer vehicles from April through the end of October than originally scheduled, according to a Reuters report. Some of the lost...
by Joseph Szczesny | May 11, 2020
Honda has unveiled plans for resuming automobile, engine and transmission production at its plants in the U.S. and Canada this week. Salaried and support associates who have been on furlough from Honda operations in the U.S. began returning late last week, depending...
by Joseph Szczesny | May 8, 2020
This weekend marks the 50th anniversary of the death of Walter Reuther, the legendary leader of the United Auto Workers, who built the union into a significant force in American life. Reuther’s death in May 1970 came at a tumultuous time. The four students had been...
by Joseph Szczesny | May 8, 2020
Nissan has decided to delay the restart of the bulk of its manufacturing operations in the United States, while the company’s top executives in Japan continue to revise the company’s strategy. “We’ve extended downtime at our manufacturing facilities for further...
by Paul A. Eisenstein | May 7, 2020
Michigan Two months after shutting down their North American operations due to the coronavirus pandemic, General Motors, Ford and Fiat Chrysler will be permitted to begin reopening their U.S. after getting the nod from Michigan Gov. Gretchen Whitmer on Thursday....
by Joseph Szczesny | May 7, 2020
Fiat Chrysler Automobiles is partnering with No Kid Hungry to support schools, food banks and community groups across the country to serve 640,000 meals during the crisis created by the pandemic. In response to the coronavirus crisis, FCA announced a commitment to...
by Paul A. Eisenstein | May 7, 2020
Devastated by the coronavirus pandemic, the travel industry is struggling to survive – and that is likely to make things more difficult for the auto industry. With airports and hotels all but empty, only those with essential needs still traveling, rental car companies...
by Joseph Szczesny | May 7, 2020
Intel Corp. acquired Moovit for approximately $900 million to boost the tech company’s position as a complete mobility service provider when teamed with Mobileye, Intel’s advanced driver assistance system and autonomous technology unit. Moovit is an Israeli...
by Paul A. Eisenstein | May 6, 2020
With parts of the U.S. starting to reopen from pandemic lockdown, U.S. auto sales continue rebounding faster than many had expected – though the surge in demand could come at a hefty price, automakers offering up record incentives to lure buyers back. April saw U.S....
by Joseph Szczesny | May 6, 2020
Even with low gasoline price, General Motors Co. will continue to concentrate on the development of electric vehicles as it ramps up operations in the wake of the pandemic lockdown. “We understand the seriousness of the business actions we have taken,” GM Chairman...
