by Michael Strong | Feb 7, 2020
Ford Motor Co.’s senior management team has just undertaken a major shakeup with Jim Farley named to a new post, chief operating officer, while Joe Hinrichs, president, Automotive, is retiring as the automaker’s Creating Tomorrow Together strategic plan continues to...
by Joseph Szczesny | Feb 6, 2020
Fiat Chrysler Automobiles N.V. demonstrated the earning power of the Jeep and Ram brands during the during the fourth quarter as the company’s net profit and earnings per share climbed 35% thanks to a strong showing by the company’s truck lines. The...
by Michael Strong | Feb 6, 2020
Toyota’s focus for the 2020 Chicago Auto Show is more is better as the Japanese automaker introduces seven variants of new vehicles that will find their way into dealerships in 2021. The company brought the first-ever Highlander XSE, which brings nimble moves and...
by Paul A. Eisenstein | Feb 6, 2020
Jeep is a brand that always like to push the limits and its Trail Rated models have become a serious contender among those who love rock crawling and other serious challenges. Now, the SUV brand is pushing into new territory with the launch of the first model to carry...
by Paul A. Eisenstein | Feb 5, 2020
Nissan is making some big news at the Chicago Auto Show – though how big is a matter of how you define it. The automaker is focusing its attention on the 2020 Frontier pickup. But that doesn’t mean the Windy City preview is just more of the same. The real news is that...
by Joseph Szczesny | Feb 5, 2020
Ford Motor Co. suffered through a disastrous fourth quarter in 2019, losing $1.7 billion, or 42 cents per share, which included a pension readjustment that cost the company $2.2 billion, and it expects a tough start to 2020. The company’s adjusted earnings before...
by Michael Strong | Feb 5, 2020
General Motors Corp. paid a price to get the new four-year contract it wanted with the UAW — $2.6 billion. That loss during the fourth quarter was the difference between the financial results for 2019 and 2018. The auto giant posted a full-year profit of $6.7 billion,...
by Michael Strong | Feb 4, 2020
If Tesla Inc. is looking to develop a corporate motto it might consider “let the good times roll,” as the California-based EV maker has enjoyed a wave of positive news and events, the latest being that it’s stock price rolled past the $900 mark. The company’s jumped...
by Michael Strong | Feb 3, 2020
The television network hosting the Super Bowl wants an exciting close game to draw viewers to drive up advertising rates, and the automakers that ran ads in this year’s big game want that to sales of whatever vehicle is featured in the commercial. Automakers not only...
by Joseph Szczesny | Feb 3, 2020
General Motors and the United Auto Workers have agreed to mandatory Sunday overtime at the General Motors pickup truck plant in Flint, Michigan, to keep pace with demand for GM’s heavy-duty Chevrolet and GMC pickup trucks, according to a memo signed by both company...
by Joseph Szczesny | Jan 31, 2020
The new trade agreement with Mexico and Canada will bring as many as 80,000 new manufacturing jobs to the United States because new rules of origin will require more companies to build cars and parts in the United States, President Donald Trump said during an...
by Joseph Szczesny | Jan 31, 2020
In another sign suggesting consolidation is the order of the day in the car business, two of the industry’s top suppliers plan to merge. BorgWarner will acquire rival automotive supplier Delphi Technologies in an all-stock transaction valued at $3.3 billion that...
