by Joseph Szczesny | May 14, 2020
Toyota Motor Corp. ended its 2020 fiscal year, which ended March 31 with 10% increase despite a small dip in global sales, but officials warned annual profit for 2021 would drop by 80%. Toyota’s consolidated vehicle sales were 8.9 million units, down 18,000 from the...
by Paul A. Eisenstein | May 14, 2020
Two months after much of the United States began entering lockdown there are clear signs of recovery by the U.S. auto industry – though the American market still could end 2020 down nearly 25% from last year’s levels. Automakers hoping for a rebound have been flooding...
by Michael Strong | May 13, 2020
Nissan’s been struggling with sliding sales, bloated costs and management issues for much of the past three years; however, officials are preparing to reveal their restructuring plans to revive the company May 28, starting with a move to cut $2.8 billion in fixed...
by Paul A. Eisenstein | May 13, 2020
In the days after shelter-in-place orders went into effect in states like California, New York and Michigan, anyone still out on the road might have had a post-apocalyptic experience, traffic on many normally clogged roads like I-405 in Los Angeles all but vanished....
by Paul A. Eisenstein | May 13, 2020
General Motors has had no new COVID-19 cases occur at any of its global factories since beginning to ramp them back up in China more than a month ago. The announcement comes as the Detroit automaker prepares to restart production operations in the U.S. next week. In a...
by Michael Strong | May 13, 2020
Tesla Inc. and Alameda County officials reached a truce late Tuesday about how and when the company can restart operations at its plant in Fremont, California after CEO Elon Musk threatened to reopen the facility despite orders from the county to remain closed. The...
by TDB Staff | May 12, 2020
Affiliate Disclosure x The Detroit Bureau and its partners may be compensated if you purchase the recommended services. This allows us to provide in-depth research at no cost to you. The Toyota warranty covers mechanical failures up until 3 years/36,000 miles....
by TDB Staff | May 12, 2020
Affiliate Disclosure x The Detroit Bureau and its partners may be compensated if you purchase the recommended services. This allows us to provide in-depth research at no cost to you. Mercedes-Benz makes highly engineered vehicles for the driving...
by Michael Strong | May 12, 2020
The world is pretty topsy-turvy these days, however, there are some parts of the world continue on – albeit with some changes. More people than ever are working from home, kids are doing distance learning and college students are graduating. They’re doing it virtually...
by Michael Strong | May 12, 2020
Honda Motor Co. on Tuesday became the latest automaker to post disappointing quarterly and annual financial results while Toyota Motor Co.’s top executive warned the company could see profits drop as much as 80% for the year. in Honda’s case for fiscal year 2019, the...
by Paul A. Eisenstein | May 11, 2020
Toyota is just gearing up to reopen its sprawling North American production network – but the automaker expects to assemble nearly a third fewer vehicles from April through the end of October than originally scheduled, according to a Reuters report. Some of the lost...
by Michael Strong | May 11, 2020
Audi continues to enhance its in-car infotainment experience as it rolls out the third generation of its modular infotainment toolkit, known as MIB 3, in its 2021 models coming this fall. While current Audi owners won’t see much of a change from the current version,...
