by Michael Strong | Jul 22, 2020
Tesla stock has been on the rise all day, in part, because investors were expecting the EV maker to report a profit for the second quarter. They got their wish as the company reported $104 million, or 50 cents per share, in net income on $6.03 billion in revenue. For...
by Michael Strong | Jul 22, 2020
Mitsubishi’s on-again, off-again presence in the U.S. appears to be in “on-again” mode with the Japanese automaker revealing its plans for the expansion of its line-up for the 2021 model year. The company plans to launch three “considerably revised” 2021 vehicles:...
by Paul A. Eisenstein | Jul 22, 2020
Porsche and Dodge topped the charts according to the latest J.D. Power APEAL study which looks at the features and “positive experiences” that their vehicles offer. The German marque ranked number one overall, as well as tops among luxury brands in the annual study....
by Paul A. Eisenstein | Jul 22, 2020
Credit federal aid, including extended unemployment benefits, with keeping the auto industry from crashing and burning during the coronavirus pandemic, Reid Bigland, the recently retired head of sales for Fiat Chrysler Automobiles, said during a webinar sponsored by...
by Joseph Szczesny | Jul 22, 2020
Volvo Cars reported a significant loss for the first half of 2020, an unsurprising result given the impact of the coronavirus pandemic on global vehicle sales. The company’s operating income dropped 117.9% in the first six months of the year. Additionally, net income...
by Paul A. Eisenstein | Jul 21, 2020
We all have a list of features we’d like when it comes time to buy a new car. Perhaps yours includes a heated steering wheel or onboard Wifi, maybe a hands-free driving system. Well, it seems that the most popular feature, according to a new study by research firm...
by Michael Strong | Jul 21, 2020
For the third consecutive month, U.S. motorists are driving less, but dying more often, according to early estimates from the National Safety Council. The NSC revealed that with May’s data accounted for from all 50 states, despite the fact that most of the country was...
by Joseph Szczesny | Jul 21, 2020
The Toyota 4Runner has been a mainstay of the company’s line-up for more than 30 years and is now on its fifth generation that carries on the body-on-frame character with the capacity to handle a variety of challenges from hauling cargo to towing to traveling cross...
by Michael Strong | Jul 21, 2020
An ongoing spat between two South Korean electric vehicle battery makers could put a crimp in Ford Motor Co.’s plans to produce an all-electric version of its best-selling F-150 pickup and future electric vehicles as well as Volkswagen of America’s first EV in the...
by Paul A. Eisenstein | Jul 20, 2020
This story has been updated. Joe Hinrichs, the former head of automotive operations for Ford Motor Co., is making a return, of sorts, as a new board member of WaveSense, a startup developing autonomous driving technology. The Massachusettes-based firm appears to be...
by Michael Strong | Jul 20, 2020
Ford Motor Co. is expanding its efforts to improve its advanced driver-assistance systems through a new partnership with Mobileye. The two companies will collaborate on the development improved camera-based collision warning, detection of vehicles and pedestrians, as...
by Joseph Szczesny | Jul 20, 2020
The return of the Ford Bronco has stirred up all sorts of excitement among fans of the legendary nameplate, which is now promising to give Jeep a run for its money with its new hardware. But the excitement also translates into other aspects of the vehicle business...