by Michael Strong | Apr 10, 2020
Three years ago, Nissan was part of an alliance positioned to sell more vehicles than any other automaker on the planet. Now, after a battle for leadership of the company, falling sales and the impact of a global pandemic, the automaker is restructuring to become a...
by Paul A. Eisenstein | Apr 10, 2020
For the small cadre of Los Angelinos who’re actually venturing out from home these days, hitting the highway can come as a shock. Traffic on typically snarled roads like I-405 is almost non-existent. According to data from navigation service TomTom, Friday morning...
by Michael Strong | Apr 10, 2020
Saudi Arabia and Russia worked through their differences, leading to an agreement for a record cut in oil production worldwide in hopes of raising prices for crude oil and gasoline. OPEC agreed to cut 10 million barrels a day, about 10% of their production, while the...
by TDB Staff | Apr 10, 2020
Affiliate Disclosure x Please note that The Detroit Bureau and its partners may be compensated if you purchase the recommended services. Since Buick is a member of the General Motors family of brands, the Buick extended warranty shares some similarities...
by Joseph Szczesny | Apr 10, 2020
Needing to preserve cash in the face of the COVID-19 pandemic, Detroit’s automakers are turning to the federal government to help pay the supplemental unemployment benefits owed blue-collar workers under contracts with United Auto Workers. European and Asian...
by Paul A. Eisenstein | Apr 8, 2020
There is no question that the U.S. new car market has been hammered by the coronavirus pandemic – demand sliding nearly 100% this past week in hard-hit cities like New York and Detroit – though demand, nationwide, did not tumble quite as badly as had been forecast...
by Paul A. Eisenstein | Apr 8, 2020
Toyota has become the latest automaker to extend the shutdown of its North American automotive operations, the industry giant saying its factories won’t start rolling again until May 4. Virtually the entire industry has shut down across the continent, manufacturers...
by Joseph Szczesny | Apr 8, 2020
It could take three years or more to return to the 17-million-unit level of new vehicle sales that prevailed prior the recession precipitated by the coronavirus pandemic, which has locked down the U.S. economy for an indefinite period. The National Automobile Dealers...
by Michael Strong | Apr 7, 2020
The tough sales results in March are being followed by even more dire predictions for April. Now the anecdotal evidence showing the industry is taking a down turn is adding up. U.S. automakers are selling fewer and fewer vehicles and the cars, trucks and sport-utility...
by Michael Strong | Apr 7, 2020
Automakers have been reaching out to vehicle owners during the pandemic, trying help them with potential problems whether that’s with making payments, vehicle maintenance or other problems. Hyundai Motor Co.’s latest effort is a warranty extension policy for its...
by Paul A. Eisenstein | Apr 6, 2020
Fiat Chrysler and Honda have announced tentative plans to resume U.S. production during the first week of May, though these dates will depend upon expectations that the coronavirus pandemic will be largely brought under control by then. Production across North America...
by Joseph Szczesny | Apr 6, 2020
The Trump administration is threatening to impose tariffs on imported oil, which could effectively put a floor under the plummeting price of gasoline. AAA reported national gas price average is $1.92. That is 9 cents cheaper than last Monday, 48 cents less than a...
