by Joseph Szczesny | Dec 23, 2019
With carmakers pouring incentive money in the market and aiming heavy doses of advertising at consumer, December’s final sales totals should be substantial, according to Edmunds, the automobile shopping service. In a pre-Christmas sales estimate, Edmunds...
by Michael Strong | Dec 19, 2019
General Motors issued two recalls covering more than 900,000 vehicles due to software and fire problems. The first recall covers more than 550,000 2019 Chevrolet Silverado 1500, Cadillac CT6 and GMC Sierra 1500 vehicles due to a potential software issue that could...
by Paul A. Eisenstein | Dec 19, 2019
While SUVs and CUVs dominate the U.S. automotive market, pickup trucks aren’t far behind. In fact, the Ford F-Series, Chevrolet Silverado and Ram pickup have been the three best-selling nameplates for more than a generation. But the competition is heating up, not only...
by Michael Strong | Dec 18, 2019
Automakers will pay nearly $3 billion more in tariffs as a result of the higher content rules set forth in the new version of NAFTA, or the U.S.-Mexico-Canada Trade Agreement, as President Donald Trump has dubbed it. The lofty figure comes from an estimate by the...
by Michael Strong | Dec 18, 2019
With a slew of television commercials featuring vehicles with big red bows or Santa being blackmailed by some smarmy kid – and plenty of actual statistics – December ’tis the month folks are out spending big money not just on presents, but new vehicles. What...
by Joseph Szczesny | Dec 18, 2019
The National Automobile Dealers Association posted its official auto sales forecast for the coming year, and it calls for sales of new vehicles to hit 16.8 million vehicles in 2020. “We expect new light-vehicles sales will come in at 16.8 million units for 2020,...
by Michael Strong | Dec 17, 2019
Ford Motor Co. is investing more than $1.45 billion in two Michigan plants to bolster is truck production and development and production of electric and autonomous vehicles. The Dearborn, Michigan-based automaker will add a total of 3,000 jobs at facilities in...
by Paul A. Eisenstein | Dec 17, 2019
Fiat Chrysler Automobiles and PSA Group are expected to take the critical next step in their march towards a merger Wednesday by issuing a binding memorandum of understanding. The boards of the two companies were meeting separately on Tuesday to discuss their plans...
by Michael Strong | Dec 13, 2019
It appears that Lexus, Mercedes-Benz, GMC and other automakers have lashed enough giant red bows to vehicles in December to change the shopping habits of new vehicle buyers as 60% of carmakers now see December as their biggest sales month of the year. Typically, there...
by Michael Strong | Dec 13, 2019
Ford Motor Co. issued a recall Friday for nearly 550,000 Super Duty pickups in the U.S., Canada and Mexico. The action, which covers 547,538 trucks in the 2017 through 2019 model year, covers carpet flooring that could catch fire after a crash, the company said. The...
by Michael Strong | Dec 13, 2019
General Motors is investing $1.5 billion to update its popular midsize trucks – Chevrolet Colorado and GMC Canyon – including $1 billion at its Wentzville, Missouri plant. While revealing the amount it plans to spend to make remain competitive with the competition...
by Michael Strong | Dec 12, 2019
Despite new car interest rates hitting a new low for the year in November, some car shoppers are struggling to find a new vehicle they feel like they can afford as prices are still at all-time highs. However, the latest Used Vehicle Report from Edmunds reveals that...
