by Joseph Szczesny | Feb 14, 2019
When motorists a decade ago were faced with the one-two punch of rising gasoline prices and the recession, sales of big SUVs went in an eclipse. Ford Motor Co., not surprisingly given the market signals that existed then, put the plans for updating its big SUV, the...
by Joseph Szczesny | Feb 14, 2019
New speculation about Ford Motor Co.’s post-Brexit plans for its operations in the United Kingdom have led to reports that the automaker is preparing to exit the British Isles once the UK leaves the European Union next month. Ford executives told British Prime...
by Joseph Szczesny | Feb 13, 2019
The Federal Reserve Bank of New York reports that more than 7 million Americans are delinquent on auto loans, even more than during the Great Recession. The figures, which were part of New York Fed’s quarterly report on household credit, suggest that many...
by Joseph Szczesny | Feb 12, 2019
Pickup trucks are hot now and no truck is getting more attention than the Ram 1500, which is ringing up scores of plaudits. The honors, among them North American Truck of The Year for 2019, are well deserved. For anyone who has driven traditional pickup for work,...
by Joseph Szczesny | Feb 11, 2019
Despite rumors floating around of its imminent demise, the Alfa Romeo 4C Spider will stay around for the 2020 model year, officials from Fiat Chrysler Automobiles have confirmed. Alfa Romeo unveiled the limited-edition 2020 4C Spider Italia for North America with its...
by Joseph Szczesny | Feb 8, 2019
As the auto industry stands on the cusp of a huge upheaval, Ford Motor Co. is pursuing a strategy that not only looks to new technology, but also relies on the deft use of the manufacturing skills that were instrumental in the company’s rise more than a century ago....
by Joseph Szczesny | Feb 8, 2019
Ram is hoping to lure more buyers to commercial-oriented heavy-duty pickups with a new 2019 Ram 3500, 4500 and 5500 Chassis Cab, geared specifically to be put to work in a variety of different situations. Jim Morrison, director of marketing for the Ram Brands, said...
by Joseph Szczesny | Feb 8, 2019
Two iconic brands are teaming up again to create a unique product that appeals to customers of both brands with a new version of the popular Harley-Davidson F-150. “Motorcycle enthusiasts can once again enjoy dramatic Harley-Davidson design cues in the number one...
by Joseph Szczesny | Feb 8, 2019
Daimler AG said its fourth-quarter operating profit fell 22% as trade wars and ballooning costs for developing electric and self-driving cars took a bit out of the company’s profits. The German automaker’s earnings before interest and tax or EBIT dropped to 2.67...
by Joseph Szczesny | Feb 7, 2019
Hourly employees of Fiat Chrysler Automobiles N.V. will collect $6,000 from the FCA-United Auto Workers profit-sharing plan next month, the automaker announced after releasing its fourth quarter financial reports. Based on the company’s 2018 financial performance, FCA...
by Joseph Szczesny | Feb 7, 2019
Toyota Motor Co., Japan’s largest automaker, posted a profit of 676.1 billion yen, or $6.16 billion, for the third quarter, up from 673.64 billion yen in the same period a year earlier. However, the result fell short of the street’s expectations of the 680.84 billion...
by Joseph Szczesny | Feb 6, 2019
Car dealers and manufacturers keep a careful watch on inventories and a rising level of unsold vehicles in dealer hands is drawing attention and concern both for the health of the industry and of the overall economy. The American International Automobile Dealers...
