by Joseph Szczesny | May 3, 2019
Fiat Chrysler Automobiles reported profits dropped 41% in the first quarter as a slump in sales in key markets cut the company’s revenues by 5 percent. The automaker attributed the decline to the normal production challenges related to an array of new product launches...
by Joseph Szczesny | May 2, 2019
General Motors is apparently preparing for a major investment at its big truck assembly plant in Wentzville, Missouri, according to media reports from St. Louis. GM officials are expected to meet with Missouri Governor Mike Parson to discuss what is described as a $1...
by Joseph Szczesny | May 1, 2019
Nissan and Subaru posted sales increases during April, but Fiat Chrysler and Toyota sales fell in April as deliveries of new vehicles continued drop under pressure from rising prices and higher interest rates. For Subaru of America, April was another solid month with...
by Joseph Szczesny | May 1, 2019
One of the industry’s most resilient brands, Mitsubishi is hoping to build on the momentum it has developed during the past couple of years with the launch of the redesigned 2020 Outlander. Mitsubishi has been the fastest growing Asian brand for two consecutive years...
by Joseph Szczesny | Apr 30, 2019
After years of trying, Daimler AG is ready to give up trying to sell Smart cars in the United States. The German automaker said it plans to suspend sales of all-electric Smart EQ fortwo cars in the United States and Canada this fall at the end of 2019 model year....
by Joseph Szczesny | Apr 29, 2019
Volvo Cars’ operating profit and net income dropped during the first quarter despite increases in revenue and unit sales, the company reported. “The continued growth in Volvo Car sales which we have seen in the first quarter clearly shows the quality of our...
by Joseph Szczesny | Apr 26, 2019
Daimler AG’s income dropped by double digits in the first quarts as sales of Mercedes-Benz vehicles fell in markets around the world, reducing the unit’s earnings before interest and taxes by 37%. The adverse development at Mercedes-Benz led to a decline of 13% in...
by Joseph Szczesny | Apr 26, 2019
Toyota and Kenworth have launched a new generation of zero-emission trucks powered by fuel cells that will operate in and around the sprawling Port of Los Angeles. “Toyota is committed to fuel cell electric technology as a powertrain for the future because it’s a...
by Joseph Szczesny | Apr 25, 2019
The next generation Corvette hasn’t even been unveiled yet, but General Motors is betting the new ’Vette will be a runaway hit by adding 400 jobs to the company’s Corvette Assembly plant in Bowling Green, Kentucky. GM said it is adding a second shift in Bowling Green...
by Joseph Szczesny | Apr 25, 2019
Brisk sales of pickup trucks are propping up the sales of new vehicles during April, according to new estimates from analysts. The analysts from Edmunds, the car shopping website, forecast that 1,357,024 new cars and trucks will be sold in the U.S. in April for an...
by Joseph Szczesny | Apr 24, 2019
Porsche Cars North America is taking steps to reduce the carbon footprint of its customers in the U.S. PCNA is moving to use carbon offsetting at U.S. Porsche Experience Centers in Atlanta and Los Angeles. It has enrolled all cars at its two Experience Centers – and...
by Joseph Szczesny | Apr 23, 2019
Utility vehicles are a stretch for any number of automakers and while Volkswagen has made and pioneered any number of vehicles styles during its history it was a bit slow of coming around to developing one of the perennial favorites of the of the U.S. – the midsized...
