by Michael Strong | Jan 24, 2020
Tesla Inc. sells more electric vehicles than all other EV sellers combined and enjoys a larger market capitalization than General Motors and Ford combined. So what’s next? Passing Volkswagen! The recent meteoric rise in the company’s stock – it’s more than doubled in...
by Paul A. Eisenstein | Jan 23, 2020
Lincoln may have Academy Award-winning actor Matthew McConaughey, but Cadillac has lined up an equally prestigious Oscar winner, filmmaker Spike Lee set to sing the praises of the fifth-generation Escalade when the all-new SUV makes its debut next month. The 2021...
by Michael Strong | Jan 23, 2020
Buying a new vehicle is exhilarating and exciting, but it can also be exhausting and maddening. Searching the internet is increasingly the go-to move for new car buyers, but almost no paperwork is signed until at least one trip to a dealership is made. New buyers like...
by Michael Strong | Jan 22, 2020
Japanese automakers Toyota and Honda are recalling 6 million vehicles to deal with two separate airbag issues, including some Takata airbags. Toyota will fix 3.4 million vehicles around the world with ZF airbags that may not inflate due to the problem. The problem is...
by Joseph Szczesny | Jan 22, 2020
Daimler AG continues to deny cheating on emission tests despite the fact that the costs associated with its defense grows as the company’s operating income weakens. Daimler said Wednesday that it will set aside between 1.1 billion euros ($1.2 billion) and 1.5 billion...
by Paul A. Eisenstein | Jan 22, 2020
Today’s cars are rapidly becoming computers on wheels and gaining access to the internet is becoming increasingly critical, whether to update in-vehicle software, stay on top of traffic conditions, remotely start or unlock vehicles, or allow motorists to stream music...
by Joseph Szczesny | Jan 22, 2020
With members preparing for the union’s annual political conference in Washington D.C., the United Auto Workers has come out against the Trump administration’s new “Phase 1” trade pact with China, saying the agreement favors corporations over the interests of American...
by Paul A. Eisenstein | Jan 22, 2020
Months after pulling back on plans to impose hefty tariffs on European auto imports, President Donald Trump again raised that threat during interviews at the World Economic Forum in Davos, Switzerland. In November, the administration let pass the deadline on enacting...
by Michael Strong | Jan 21, 2020
The home of the U.S. auto industry – Michigan – is now going to allow Tesla Inc. to sell and service its EVs after the company and the state hammered out a compromise. Michigan Attorney General Dana Nessel is expected announce Wednesday the plan that will allow the...
by Paul A. Eisenstein | Jan 21, 2020
Tesla is far and away the leader in the U.S. battery-electric vehicle, or BEV, market, outselling all of its competitors combined. But, even as the California automaker ramps up production in China and gets ready to start building a new plant near Berlin, a look back...
by Michael Strong | Jan 21, 2020
Tesla Inc. officials didn’t take long to deny accusations about unintended acceleration levied in a petition filed with the National Highway Traffic Safety Administration. The California-based EV maker says the claims are false, and are the work of one of the...
by Joseph Szczesny | Jan 21, 2020
An Israeli company, UVeye, has developed a new process using high-resolution cameras and additional technology that allows automakers and other auto-related companies to detect defects in both old and new vehicles. Amir Hever, CEO and co-founder of Tel Aviv-based...