by Joseph Szczesny | Oct 3, 2018
One constituency, organized labor, is withholding its support to the revision to the North American Free Trade Agreement unveiled this week by President Donald Trump. “For a quarter century NAFTA has been disastrous for working people in the U.S., Canada and Mexico...
by Joseph Szczesny | Oct 2, 2018
In a dramatic reversal of fortune, Fiat Chrysler Automobiles outsold Ford Motor Co. during the month of September and moved with striking distance of Toyota, the leading Japanese automaker. FCA US reported U.S. sales of 199,819 vehicles, a 15% increase compared with...
by Joseph Szczesny | Oct 2, 2018
A Dutch company called Pal-V said it had started taking orders for its Liberty model, a three-wheeled car which sprouts a tail-plane, a propeller and helicopter-like rotor blades when the driver wants to fly. Before it takes off, the wings and propellers are folded...
by Joseph Szczesny | Oct 1, 2018
With the United States finally resolving the trade agreement with Mexico and Canada, the Brexit saga automatically elevates to the level of grave importance for automakers. Manufacturers have warned for months that Brexit, Great Britain’s withdrawal from the...
by Joseph Szczesny | Sep 28, 2018
Volkswagen has teamed up with Stanford University to develop a process to manufacture the fuel cells that can power vehicles in the future by reducing the amount of platinum used. Fuel-cell technology is regarded as a serious alternative to battery-electric...
by Joseph Szczesny | Sep 27, 2018
The total number of vehicles sold in September is likely to drop, according estimates from Edmunds and Cox Automotive. Total sales volume in September, even though running ahead of August’s pace, is forecast to decline nearly 60,000 units from last month and...
by Joseph Szczesny | Sep 27, 2018
A dispute over wages has left the United Steel Workers union at odds with two key makers of steel that control a large piece of the steel-making capacity in the United States. Both United States Steel and Arcelor Mittal have been major beneficiaries of the tariffs...
by Joseph Szczesny | Sep 26, 2018
The variety of utility vehicles has exploded in recent years and appears certain to grow exponentially for foreseeable future. Manufacturers are moving quickly to cash in on the consumer interest in vehicles that might not have a lot of charm or sex appeal but are...
by Joseph Szczesny | Sep 26, 2018
Moody’s Ratings has given a “positive outlook” to Fiat Chrysler Automobiles based on its expectation the automaker will continue to improve its overall financial position. Continuing improvement in FCA’s financial “metrics” in the current...
by Joseph Szczesny | Sep 25, 2018
The BMW Group cut its guidance for the current financial year, noting it had expected 2018 to be a challenging year, due in part to additional upfront investments of around one billion euros on mobility programs that will mature in future years. In addition, currency...
by Joseph Szczesny | Sep 24, 2018
With driving bans aimed at diesel engines looming in several German cities, German Chancellor Angela Merkel is pressing German carmakers for help in coming up with ways to make vehicles cleaner while avoiding limits on traffic, averting a potential political crisis...
by Joseph Szczesny | Sep 21, 2018
Subaru is confident it can lock in its seventh consecutive year of sales gains thanks to promising launch of the Ascent, a three-row sport-utility vehicle that has emerged as the Japanese automaker’s flagship since its debut earlier this summer. Dominic Infante,...