by Paul A. Eisenstein | May 4, 2020
In the “City that Never Sleeps,” the traditionally 24/7 New York subway system now will be shutting down each night for four hours so trains can be cleaned and disinfected to help stem the spread of the coronavirus. Ridership on the New York subways has collapsed...
by Joseph Szczesny | May 4, 2020
With automakers looking for ways to restart production, the United Auto Workers said Thursday said it wants to see more proof that workers on the industry’s assembly lines will be protected before giving it approval to any kind of back-to-work order. “We continue to...
by Michael Strong | May 1, 2020
The relationship between Ford Motor Co. and startup electric vehicle maker Rivian just got a little tighter as Alexandra Ford English was announced as the newest member of Rivian’s board of directors. She is currently the director of corporate strategy at Ford — and...
by Joseph Szczesny | May 1, 2020
Sales figures from the handful of carmakers reporting April results reflected the expected sharp decline in new vehicle sales last month as the COVID-19 pandemic shut down the U.S. economy. Subaru of America Inc. reported 30,620 vehicle sales for April 2020, a 47%...
by Paul A. Eisenstein | May 1, 2020
A mile off the coast of Los Angeles, the Jupiter Spirit sat anchored, the big cargo ship sitting in limbo after a three-week journey from Japan, unable for five days to unload the 2,000 Nissan and Infiniti vehicles onboard because there was simply nowhere to put them....
by Michael Strong | May 1, 2020
Automakers have been working overtime to provide incentives to encourage customers to buy new vehicles during the coronavirus pandemic, and one particular strategy seems to working: zero-percent financing. Zero percent finance deals hit a new high in April, according...
by Paul A. Eisenstein | Apr 30, 2020
When Ford Motor Co. restarts its U.S. manufacturing operations on May 18, company officials expect what they’ve described as a “benchmark playbook” will ensure that workers can count on being safe despite the ongoing coronavirus pandemic. Senior Ford officials...
by Michael Strong | Apr 30, 2020
The battery-electric work vehicle market is getting a little more crowded as Bollinger Motors has jumped into the fray with a specialized variant of its all-electric B2 called the B2 Chassis Cab, or B2CC. The B2CC is the world’s first and only Class 3...
by Michael Strong | Apr 30, 2020
Despite the tough times the auto industry is currently enduring, Tesla CEO Elon Musk is ready to move ahead, starting with picking a location for a new Gigafactory in the U.S. The location for the new plant, which is expected to be somewhere in the Midwest or...
by Michael Strong | Apr 29, 2020
As other automakers tersely offer up first quarter earnings results that were well below what was predicted even as recently as the end of February, Tesla’s report is sprinkled with optimistic thoughts and positive results — starting with a first-time ever GAAP...
by Paul A. Eisenstein | Apr 29, 2020
While the U.S. automotive market is in the midst of its worst slump since the Great Recession, sales during the coronavirus pandemic haven’t tumbled quite as badly as originally expected – and there are signs of “recovery nearly everywhere,” according to J.D. Power....
by Paul A. Eisenstein | Apr 29, 2020
Toyota is pushing back the planned reopening of its U.S. manufacturing network by a week, workers now expected to begin reporting to their posts on May 11. The Japanese giant becomes the latest on a growing list of automakers who have delayed restarting production due...
