by Joseph Szczesny | Dec 11, 2018
Electric cars accounted for 7.1% of California car sales in the first three quarters of 2019 with fully electric, zero-emission car sales outrunning the plug-in hybrid sales. EVs accounted for 4.1% of the vehicles sold in California while plug-in hybrids accounted for...
by Joseph Szczesny | Dec 10, 2018
Toyota officials recently reiterated the company has no intention of leaving the passenger car business. Speaking at an event in Detroit last week, Bob Carter, executive vice president – sales for Toyota Motor North America, said the Japanese automaker has every...
by Joseph Szczesny | Dec 10, 2018
Delays in obtaining the necessary regulatory approvals have forced Daimler AG and BMW Group to push back their effort to establish a joint-venture mobility company. The delay will force Daimler Financial Services to lower its earnings forecast for 2018. The division...
by Joseph Szczesny | Dec 7, 2018
While the industry is focused now on issues such as trade, manufacturing capacity and employment, the fight over fuel economy and emissions hasn’t gone away and could roar back to life any time. The Trump administration proposed rolling back the fuel-economy...
by Joseph Szczesny | Dec 6, 2018
Lexus plans to show off one of the most powerful cars it has ever built during the North American International Auto Show in Detroit next month. Bob Carter, executive vice president of sales for Toyota Motor North America, said in addition the Toyota Supra, the...
by Joseph Szczesny | Dec 6, 2018
The imposition of a new round of tariffs by the Trump administration could raises the price of new cars and trucks and cripple the U.S. auto industry, Toyota’s top executive in the United States said this week. Jim Lentz, chief executive officer of Toyota North...
by Joseph Szczesny | Dec 5, 2018
Ford Motor Co. top executives said they think they can wrap up discussions on a broad alliance with Germany’s Volkswagen AG fairly soon since both sides have demonstrated a serious interest in the discussions. Ford CEO Jim Hackett told reporters during a gathering at...
by Joseph Szczesny | Dec 4, 2018
Mercedes-Benz is leading the race for the luxury vehicle sales crown for the third consecutive year, heading into December with an edge over its closest competitors, BMW and Lexus. Mercedes reported it sold 31,022 vehicles in November, an increase of 0.6% from...
by Joseph Szczesny | Dec 3, 2018
With a 17% sales increase Fiat Chrysler helped industry sales hold steady in November as Ford Motor Co. Nissan, Toyota and Honda all reported drops in sales for the month. Overall, full-year 2018 sales are on course to beat 2017’s results and pass the 17-million...
by Joseph Szczesny | Dec 3, 2018
Only a day after signing a new trade agreement with Mexico and Canada, President Donald Trump said he is now free to cancel NAFTA in a move that will create major problems for global automakers. Trump, who is facing mounting political challenges at home, made his...
by Joseph Szczesny | Dec 3, 2018
Toyota Motor Corp. and PSA, the Paris-based automaker that operates Peugeot, Citroen and Opel, have made a deal to expand their long-term partnership in the European market. Under the terms of the new agreement, PSA will expand the range of commercial vehicles that it...
by Joseph Szczesny | Nov 30, 2018
The United Auto Workers renewed its attack on General Motors as leaders from the U.S., Mexico and Canada used the G20 Summit in Argentina for the back drop for officially signing a new North American Free Trade Agreement that was negotiated last summer but still must...
