by Joseph Szczesny | Nov 29, 2018
General Motors President Dan Ammann is changing jobs again, now serving as the full time as the Chief Executive Officer of GM Cruise, GM’s autonomous vehicle subsidiary. Ammann had worked closely with Cruise since GM acquired the self-driving vehicle start up...
by Joseph Szczesny | Nov 29, 2018
On the heels of General Motors’ announcement that it plans to shutter five plants in North America, Ford Motor Co. said it expects to reduce production at two key U.S. assembly plants by next spring. However, mindful of the harsh political fallout that followed the GM...
by Joseph Szczesny | Nov 28, 2018
In another step aimed at disposing of unneeded assets and raising cash, General Motors has confirmed it plans to sell off a hotel located directly across the street from its world headquarters in Detroit, which is now the midst of a real-estate boom. The automaker...
by Joseph Szczesny | Nov 28, 2018
The anticipation ahead of the introduction of the new Jeep pickup truck has been building for months, growing to point where it could be cut by a knife. Fiat Chrysler Automobiles presented the new truck at the Los Angeles Auto Show with the introduction of the 2020...
by Joseph Szczesny | Nov 28, 2018
After gaining ground on the announcement of a sweeping restructuring, the value of GM’s shares dropped by 3% or almost $1 per share, on the heels of an angry tweet from President Donald Trump in which he again attacked GM’s plans to close five plants and...
by Joseph Szczesny | Nov 27, 2018
Rivian, a fledgling electric vehicle builder, is taking aim at both traditional rivals and new companies invading the automotive business with a battery-electric pickup truck capable of wading streams and climbing rocky hills with a unique blend of new technology and...
by Joseph Szczesny | Nov 26, 2018
General Motors, in a move likely to have a significant political impact, confirmed it is preparing to shut five plants in the U.S. and Canada as its restructures its operations across the globe. GM Chairman and CEO Mary Barra told analysts the company plans to halt...
by Joseph Szczesny | Nov 23, 2018
The weekend after Thanksgiving stretching from Black Friday to Cyber Monday has turned into one of the busiest sales periods on the U.S. auto industry’s calendar. But analysts from Edmunds are predicting that November sales will drop on a year-over-year basis...
by Joseph Szczesny | Nov 21, 2018
Porsche plans to unveil the updated 2019 Porsche Macan sport-utility vehicle, far and away the company’s most popular model, during press preview at next week’s Los Angeles International Auto Show. The 2019 Porsche Macan will feature a new...
by Joseph Szczesny | Nov 20, 2018
The Toyota RAV4 has been around for more than two decades but its recent performance has been nothing short of spectacular as its sales have doubled in the past five years, which is most impressive for a vehicle in various iterations has been around for more than 20...
by Joseph Szczesny | Nov 19, 2018
The new trade agreement with Canada and Mexico that President Donald Trump hailed as a major breakthrough back in August appears headed for serious trouble. Forty Congressional Republicans have stated they will not vote for the agreement because it includes...
by Joseph Szczesny | Nov 19, 2018
Robust demand for fleet sales will push light vehicle sales into the 17.1 million units per year range in 2018, according to the annual economic forecast by economists from the University of Michigan. The influential U-M forecast, which is used by car makers and...
