by Michael Strong | Dec 12, 2019
Just as automakers annually make tweaks to their vehicles to make them better, the Insurance Institute for Highway Safety is implementing new, tougher benchmarks to earn the safety organization’s top rankings for 2020. The group is adding three new caveats in order...
by Joseph Szczesny | Dec 12, 2019
Members of the United Auto Workers has ratified a new four-year labor contract with Fiat Chrysler Automobiles N.V. The contract, which was approved by 71% to 29%, was the last of the deals negotiated with Detroit’s automakers this fall after a 40 strike at General...
by Michael Strong | Dec 11, 2019
President Donald Trump began banging the drum for replacement of the North American Free Trade Agreement before he became president. Once elected in 2016, he made it a focal point of his first year in office, and as of now, it’s one step closer to reality. The initial...
by Michael Strong | Dec 10, 2019
A Japanese government agency recommended a 2.4 billion yen fine for Nissan Motor Co. Ltd. because the automaker underreported the compensation of Carlos Ghosn, the automaker’s former chairman and CEO, for four years. The fine, about $22 million, is the second-largest...
by Michael Strong | Dec 10, 2019
Despite a rise in November sales, U.S. auto dealers are less optimistic about the fourth quarter than they were last year at this time. However, they are optimistic about the next 90 days, mirroring the sentiment they expressed last year at this time. According to the...
by Michael Strong | Dec 9, 2019
General Motors’ closure of its Lordstown, Ohio plant met with much criticism, but the company seems to looking to provide a soft landing for the folks who seemed to depend on it financially as the company revealed it’s providing the new owners of the site with a $40...
by Paul A. Eisenstein | Dec 9, 2019
Even though UAW workers are back on the job after ratifying their new contract with General Motors, their six-week strike continues to create headaches – and not just for the largest of the domestic automakers. Dealers are struggling to cope with customers who are, in...
by Michael Strong | Dec 6, 2019
Americans are driving more and more each year and many of those billions of miles traveled come as part of the daily commute to and from work, and new research reveals that comes at a higher price than some might expect. An average person in the U.S. spends nearly...
by Joseph Szczesny | Dec 6, 2019
The auto industry in the United States could chalk up another year of 17 million sales this year, Bob Carter, Toyota Motor North America vice president of sales said during an appearance in Detroit. Carter noted during remarks at holiday reception that Toyota was...
by Paul A. Eisenstein | Dec 5, 2019
Hyundai Motor Co. wants to transform itself into a “smart mobility solution provider” by 2025, and it is committing $52 billion to get there. The “Strategy 2025” program will see a significant amount of that money invested in electrifying its line-up – a move that...
by Joseph Szczesny | Dec 4, 2019
General Motors and partner Isuzu plan to spend $175 million and create 100 new manufacturing jobs at a new joint-venture plant in Brookville, Ohio, to build components for DMAX diesel engines that in demand in GM’s new 2020 Chevrolet Silverado and GMC Sierra. GM said...
by Joseph Szczesny | Dec 3, 2019
This story contains updated results from later in the day. Consumers seem to have figured out automakers are prepared to offer their best deals during the industry’s year-end marketing push, which now begins before the Thanksgiving holidays as manufacturers reporting...
