by Joseph Szczesny | Dec 26, 2018
The final week of 2018 could offer some critical signals both for future car sales and the future course of the U.S. economy, which has been rattled by tumbling stocks and noisy political fights about the independence of the Federal Reserve Board and the government...
by Joseph Szczesny | Dec 24, 2018
Daimler AG has pushed ahead with its plans to sell electric trucks as Freightliner, its North American subsidiary, delivered its first medium-duty battery-electric truck to a customer in the U.S. Penske Truck Leasing, which is operated long-time Daimler ally, Roger...
by Joseph Szczesny | Dec 21, 2018
General Motors Co. is promising to respond by Jan. 7, to Unifor, the Canadian union that represents GM workers, which has laid out proposals that would maintain production at an assembly plant in Oshawa, Ontario, GM is preparing to shutter permanently. Unifor...
by Joseph Szczesny | Dec 20, 2018
Sporty two-seaters, despite the glamour and romance that has trailed behind them over the years, have sort of been left behind as car buyers rush into trucks and sport-utility vehicles. But some two-seaters, such as the Mazda MX-5 Miata, are still out on the road,...
by Joseph Szczesny | Dec 20, 2018
The BMW Group and Daimler AG have gotten the green light from anti-trust authorities in the U.S. to operate a joint venture offering a range of mobility services that are expected to grow in the future such as car sharing, charging, ride hailing and even parking. The...
by Joseph Szczesny | Dec 19, 2018
General Motors political woes aren’t getting any better as three members of the U.S. Senate have launched an attack on the company’s stock buybacks. Senators Chris Van Hollen (D-Maryland), Amy Klobuchar (D-Minnesota) and Tammy Duckworth (D-Illinois) are...
by Joseph Szczesny | Dec 18, 2018
With the long Christmas season getting under way this week travelers across the U.S. are finding cheaper gasoline for the holiday journeys. At $2.37, the average price of gasoline has dropped pump prices to the lowest level for the month of December since 2016. “AAA...
by Joseph Szczesny | Dec 17, 2018
Lincoln is marking the 80th anniversary of the Continental luxury sedan with a very limited-run special edition of the iconic model that harkens back to its glamorous beginnings. Ford Motor Co. plans to build 80 of the Lincoln Continental Coach Door Edition, with...
by Joseph Szczesny | Dec 14, 2018
Practical is usually the word associated with sport-utility vehicles and that practicality makes them appealing to a wide cross section of consumers. The Kia Sorento certainly is practical, but in a segment crowded with a lot of very good vehicles it is also stylish,...
by Joseph Szczesny | Dec 14, 2018
The National Automobile Dealers Association, the trade association for new-car dealerships across the U.S., expects another strong year for new car sales in 2019 despite rising interest rates and an economy that shows signs of slowing. “We’re forecasting sales of 16.8...
by Joseph Szczesny | Dec 13, 2018
(This story has been updated.) In another sign of growing concern about a slowdown in the auto industry, Ford Motor Co. notified the United Auto Workers that it plans to idle indefinitely up to 230 employees from a transmission plant in suburban Detroit. Ford made no...
by Joseph Szczesny | Dec 12, 2018
Daimler AG is prepared to put up $22 billion to purchase battery cells over the next dozen years. Dieter Zetsche, chairman of the Board of Management of Daimler AG and head of Mercedes-Benz Cars, said the commitment is expected to help insure that the batteries are...