by Michael Strong | Jun 8, 2020
Each of the past few years, Americans have set new records for how many miles they’ve driven; however, the coronavirus pandemic has put a halt to that trend in recent months, including the 39.8% drop in April. The U.S. Department of Transportation revealed that...
by Michael Strong | Jun 8, 2020
China’s auto industry continues to claw back from the coronavirus as companies saw a 1.9% increase in year-over-year sales in May with luxury cars leading the charge. The China Passenger Car Association said that premium and luxury passenger car retail sales rose 28%...
by Paul A. Eisenstein | Jun 8, 2020
Ford brought back the hybrid powertrain with the launch of its latest-generation Escape small ute and, now, it’s adding a plug-in hybrid version, as well. The numbers are impressive, including its EPA-rated 100 MPGe and an all-electric range of 37 miles per charge....
by Joseph Szczesny | Jun 8, 2020
President Donald Trump renewed earlier threats to levy heavy tariffs on new vehicles imported from Europe. Trump has periodically threatened to raise tariffs on such vehicles since he took office in 2017. His threats have been heard less frequently since last fall as...
by Michael Strong | Jun 5, 2020
New vehicle sales in May were better than expected, but overall were still down by about a third compared with last May. However, the real good news appears to be on the used-car side of the business appears to be on the rise. Used car sales were down 5% in May...
by Paul A. Eisenstein | Jun 4, 2020
After flattening out in May, U.S. auto sales ended the month with an unexpected burst of demand, but whether the sudden upturn – that saw many cities actually exceed pre-pandemic forecasts – will last is far from certain. As May came to an end, automakers began...
by Michael Strong | Jun 4, 2020
Automakers have been investing heavily in the development of autonomous vehicles; however, a new study suggests that effort may not produce the benefits expected, claiming self-driving cars will only reduce crashes by a third. The Insurance Institute for Highway...
by Paul A. Eisenstein | Jun 4, 2020
Doctors are starting to discover that COVID-19 can have long-lingering effects. That’s no surprise to the auto industry which is expected to feel the impact for years to come, according to a new study which anticipates global vehicle sales will fall about 47 million...
by Joseph Szczesny | Jun 3, 2020
Former United Auto Workers President Gary Jones faces up to five years in prison after pleading guilty to embezzling more than $1 million dollars in union funds and tax evasion. Jones, 63, pleaded guilty to one count of conspiring to embezzle UAW dues money and...
by Joseph Szczesny | Jun 3, 2020
Mazda broke through the string of negative sales reports brought on the COVID-19 pandemic by reporting a 1% sales increase that countered the overall drop in vehicles sales during the month. Mazda benefitted from strong sales of the CX-9 crossover, which increased by...
by Paul A. Eisenstein | Jun 3, 2020
The average price paid by U.S. motorists for a gallon of self-service regular nudged past the $2 mark for the first time since late March – and, with pandemic lockdowns ending in most parts of the country, Americans can expect to see even higher prices in the days and...
by Paul A. Eisenstein | Jun 3, 2020
The alleged murder of George Floyd at the hands of police while being arrested in Minneapolis last month has triggered sometimes violent protests across the United States, but also an outpouring of responses from religious, civic and business leaders – including the...
