by Joseph Szczesny | Jan 6, 2020
With the high cost of developing electric and autonomous vehicles hanging over the industry, two longtime European rivals are considering combining forces to develop combustion engines that will be used in the future, according reports from Germany. Geely, the Chinese...
by Joseph Szczesny | Jan 3, 2020
This story has been updated with additional results from more automakers. Sales of new vehicles in the United States topped 17 million units for the fifth consecutive year despite a strike at General Motors and sales declines by big manufacturers such as Fiat Chrysler...
by Joseph Szczesny | Jan 2, 2020
If you were making a list of companies that struggled during the past 10 years, Mitsubishi would probably show up on it, given the near death of its American operations at the start of the decade. But Mitsubishi, with a bit of grit, a bit luck and its ability to hang...
by Joseph Szczesny | Dec 31, 2019
Despite a promise from the Trump administration that tariffs would protects jobs in the steel industry, a plant that made steel for automakers and as well as dozens of suppliers around Detroit will shutter a significant part of its operations and idle more than 1,500...
by Joseph Szczesny | Dec 30, 2019
Fiat Chrysler Automobiles N.V. appears to be preparing to ask a federal judge in Detroit to dismiss the blockbuster lawsuit General Motors filed against FCA just before Thanksgiving. A review of court papers in the case show that Judge Paul Borman ordered FCA to...
by Joseph Szczesny | Dec 27, 2019
A new report from analysts at London-based Fitch Solutions predicts hydrogen fuel cell-powered vehicles, or HFCVs, will develop right alongside battery-electric vehicles rather than as a replacement product. The report also predicts that commercial vehicle segments,...
by Joseph Szczesny | Dec 26, 2019
Fiat Chrysler Automobiles N.V.’s top public relations job was left vacant after The Boeing Co. nabbed Niel Golightly as the aerospace company’s senior vice president of Communications, starting Jan. 1, 2020. Golightly leaves FCA just as it is about to embark on...
by Joseph Szczesny | Dec 26, 2019
BMW Group, which is in the midst of a heated sales race with Mercedes-Benz for the top spot in luxury sales in the U.S., is being investigated by the U.S. Securities and Exchange Commission, the company confirmed. The inquiry is focused on the company’s sales...
by Joseph Szczesny | Dec 24, 2019
Rivian, the electric-vehicle start-up, which has enlisted the support of both Amazon and Ford Motor Co., announced Monday it received a $1.3 billion investment led by T. Rowe Price, the mutual fund company. It was the fourth large investment in Rivian this year and...
by Joseph Szczesny | Dec 23, 2019
With carmakers pouring incentive money in the market and aiming heavy doses of advertising at consumer, December’s final sales totals should be substantial, according to Edmunds, the automobile shopping service. In a pre-Christmas sales estimate, Edmunds...
by Joseph Szczesny | Dec 23, 2019
BMW, which is committed to an electric future, will have sold more than a half-million “electrified” vehicles by the end of 2019, company executives said. “Half a million vehicles is the best proof: Our broad range of electrified vehicles is meeting exact...
by Joseph Szczesny | Dec 20, 2019
Inch by inch the vehicles used to carry passengers every day have gotten longer, wider and in many cases taller in the years since the end of the great recession. But the utility of small vehicles, such as the Mini Cooper Hardtop Two Door, is still hard to beat in the...
