by Paul A. Eisenstein | Feb 7, 2020
Days after revealing a $1.7 billion fourth-quarter loss, Ford Motor Co. announced a major management shake-up designed to not only get its traditional business back on track but also to push forward with its transformation into the “mobility services” company CEO Jim...
by Michael Strong | Feb 7, 2020
Ford Motor Co.’s senior management team has just undertaken a major shakeup with Jim Farley named to a new post, chief operating officer, while Joe Hinrichs, president, Automotive, is retiring as the automaker’s Creating Tomorrow Together strategic plan continues to...
by Joseph Szczesny | Feb 7, 2020
Starting in the second quarter, legions of Jeep Wrangler fans will have the chance to order and customize a version of the Wrangler using an array of parts designed specifically for off-road adventure – the JPP20. The JPP20 blends the imagination of designers from...
by Joseph Szczesny | Feb 6, 2020
Fiat Chrysler Automobiles N.V. demonstrated the earning power of the Jeep and Ram brands during the during the fourth quarter as the company’s net profit and earnings per share climbed 35% thanks to a strong showing by the company’s truck lines. The...
by Joseph Szczesny | Feb 6, 2020
Volkswagen shortened its traditional product cycle to refresh the midsized sport-utility vehicle instrumental in sparking the VW’s sales revival in the United States. The 2021 Volkswagen Atlas, which is due in showrooms this spring, will have a completely new front...
by Michael Strong | Feb 6, 2020
Chevrolet hits the Windy City with an evolutionary exterior update for its 2021 Equinox sport-utility vehicle, which includes a new sportier RS trim level. The update includes redesigned front and rear fascias, new headlights and a meaner looking grille. The big news...
by Michael Strong | Feb 6, 2020
Toyota’s focus for the 2020 Chicago Auto Show is more is better as the Japanese automaker introduces seven variants of new vehicles that will find their way into dealerships in 2021. The company brought the first-ever Highlander XSE, which brings nimble moves and...
by Joseph Szczesny | Feb 5, 2020
Ford Motor Co. suffered through a disastrous fourth quarter in 2019, losing $1.7 billion, or 42 cents per share, which included a pension readjustment that cost the company $2.2 billion, and it expects a tough start to 2020. The company’s adjusted earnings before...
by Paul A. Eisenstein | Feb 5, 2020
At a frightening pace, the coronavirus continues to spread, with the number of those affected by the disease, by some counts, already topping 100,000. But the impact is now being measured by more than just the physical toll as the epidemic begins to hammer the Chinese...
by Michael Strong | Feb 5, 2020
General Motors Corp. paid a price to get the new four-year contract it wanted with the UAW — $2.6 billion. That loss during the fourth quarter was the difference between the financial results for 2019 and 2018. The auto giant posted a full-year profit of $6.7 billion,...
by Paul A. Eisenstein | Feb 4, 2020
This story includes new information. In the age of the SUV, it’s easy to get lost in the crowd. But few models have stood out like the Cadillac Escalade, the original “King of Bling.” The original model helped redefine what the luxury sport-utility vehicle was all...
by Michael Strong | Feb 4, 2020
If Tesla Inc. is looking to develop a corporate motto it might consider “let the good times roll,” as the California-based EV maker has enjoyed a wave of positive news and events, the latest being that it’s stock price rolled past the $900 mark. The company’s jumped...
