by Joseph Szczesny | Dec 6, 2019
The auto industry in the United States could chalk up another year of 17 million sales this year, Bob Carter, Toyota Motor North America vice president of sales said during an appearance in Detroit. Carter noted during remarks at holiday reception that Toyota was...
by Michael Strong | Dec 5, 2019
Nissan Motor Co. plans to help stem the tide of difficult financial results by having its North American operations shut down for two days in January. The Japanese automaker’s suffered through a difficult year financially as well as trying to plow through issues...
by Paul A. Eisenstein | Dec 5, 2019
Hyundai Motor Co. wants to transform itself into a “smart mobility solution provider” by 2025, and it is committing $52 billion to get there. The “Strategy 2025” program will see a significant amount of that money invested in electrifying its line-up – a move that...
by Joseph Szczesny | Dec 5, 2019
The conversation around luxury vehicles has been dominated by German makes for what seems like forever. But if you take the time to drive one of the new vehicles from Acura, Honda’s upscale marque, you can’t help but wonder why. For example, at first glance, the 2020...
by Paul A. Eisenstein | Dec 4, 2019
Buick, it seems, is taking a cue from its crosstown rival, Ford. With crossovers overwhelmingly dominating sales at General Motors’ premium brand, Buick is about to drop the last two conventional passenger car models in its line-up, meaning that it will be an all-SUV...
by Joseph Szczesny | Dec 4, 2019
General Motors and partner Isuzu plan to spend $175 million and create 100 new manufacturing jobs at a new joint-venture plant in Brookville, Ohio, to build components for DMAX diesel engines that in demand in GM’s new 2020 Chevrolet Silverado and GMC Sierra. GM said...
by Joseph Szczesny | Dec 3, 2019
This story contains updated results from later in the day. Consumers seem to have figured out automakers are prepared to offer their best deals during the industry’s year-end marketing push, which now begins before the Thanksgiving holidays as manufacturers reporting...
by Paul A. Eisenstein | Dec 3, 2019
Tesla CEO Elon Musk has a fondness for tweeting, even though it has caused him some serious problems – including the court case beginning this week about his use of the term, “pedo guy,” to describe a British diver who helped rescue members of a youth soccer team...
by Joseph Szczesny | Dec 3, 2019
BMW Group is making a big investment to build a battery-electric vehicle in one of its flagship assembly plants in Southern Germany that produces some of its most expensive models. The German automaker said it plans to spend around 400 million euros, nearly $445...
by Michael Strong | Dec 2, 2019
Mercedes-Benz has been steadily withdrawing from participating in auto shows around the world, the latest being the 2020 New York International Auto Show in April. Now New York joins Detroit and Chicago on the list of major North American shows the German automaker...
by Joseph Szczesny | Dec 2, 2019
Daimler AG, parent company of Mercedes-Benz, plans to eliminate 10,000 jobs during the next three years as the company restructures to prepare for an electric future and a smaller earnings. The cuts and the restructuring have taken on new urgency as Daimler has been...
by Brian Armstead | Nov 29, 2019
I love restaurants that feature buffet-style meals, with Ethiopian and Indian buffets my favorites. Some decry the gluttony, as you often eat more than your tummy can hold, but no matter the amount, it sure is good going down. Recently, at the BMW Performance Center...