by Paul A. Eisenstein | Mar 25, 2020
During the last several years, we’ve seen a variety of interesting and sometimes quirky, all-electric concept vehicles from Volkswagen, such as the battery-powered dune buggy that debuted at the New York International Auto Show last year. More than a few, like that...
by Joseph Szczesny | Mar 25, 2020
In a sign of the financial stress facing automakers, General Motors Co. disclosed it plans to draw $16 billion from its revolving credit lines, taking what it described as austerity measures. GM Chairman and CEO Mary Barra described the $16-billion drawdown as a...
by Paul A. Eisenstein | Mar 24, 2020
Detroit’s two largest automakers, General Motors and Ford, are tooling up production for medical devices critically needed in the fight against the coronavirus pandemic, notably ventilators and respirators. At the same time, Fiat Chrysler is ramping up production of...
by Michael Strong | Mar 24, 2020
There’s plenty of coronavirus-related gloom and doom floating around the auto industry right now, most of it merited. However, as increasing numbers of people are sheltering in place to stamp out the virus, Audi’s offering everyone a bit of brightness during a dark...
by Michael Strong | Mar 23, 2020
Even as the coronavirus continues to spread, the Detroit Three automakers are working plans to help fight the outbreak by giving medical professionals more of the tools they need. In an effort reminiscent of the “Arsenal of Democracy,” General Motors and Fiat Chrysler...
by Paul A. Eisenstein | Mar 23, 2020
Anthony Levandowski, once hailed as one of the leaders in the development of autonomous vehicles, could spend as much as 30 months in prison after agreeing to plead guilty on federal charges arising out of the theft of intellectual property. Levandowski, who was the...
by Michael Strong | Mar 23, 2020
Just a day after General Motors began working with a medical device company to determine what it needs to do make ventilators, President Donald Trump gave the automaker, as well as Ford and Tesla permission to start making the devices. Trump revealed he’d given them...
by Paul A. Eisenstein | Mar 20, 2020
General Motors will work with one of the nation’s largest suppliers of ventilators to help it boost the supply of the medical devices which are in critically short supply due to the rapidly expanding coronavirus pandemic. Though details are still being worked out,...
by Joseph Szczesny | Mar 20, 2020
Tesla bowed to pressure from local authorities, saying it will close its big car plant in Fremont, California, and a second in New York State. The closures will start March 23, the company said in a release. It did not say when it will reopen the facilities, but most...
by Joseph Szczesny | Mar 20, 2020
Companies with permits to test autonomous vehicles in California with a safety driver reported they drove nearly 2.9 million miles during the most recent reporting period, according to disengagement reports recently submitted to the state’s Department of Motor...
by Michael Strong | Mar 19, 2020
Premium brand Audi reported solid financial results for 2019 despite slowing global sales, reporting an operating profit for the year. It also acknowledged 2020 was going to be a challenge prior to the coronavirus pandemic and is now uncertain how it will affect its...
by Paul A. Eisenstein | Mar 19, 2020
The harsh sun normally bathing the cactus-covered sands of Tucson have vanished, a leaden sky threatening to burst open as we fire up the new 2020 Honda CR-V Hybrid and head out for a day’s drive through the scrub brush – and the housing developments pushing ever...