by Joseph Szczesny | Aug 28, 2018
Once unchallenged as the leader in automotive luxury, Cadillac defined American style in the years following World War II with long, sleek models with tail fins. In the last two decades, however, Cadillac has sputtered and stalled except for one model, the Escalade,...
by Joseph Szczesny | Aug 27, 2018
The chances of diesel power gaining a foothold in the U.S. light-vehicle market probably died for good when the Volkswagen scandal erupted three years ago. But diesels have maintained a substantial fan base in the pickup truck market where Ram, Ford and General Motors...
by Joseph Szczesny | Aug 24, 2018
Faraday Future, a startup company that is promising to build luxury electric vehicles, reports it has completed its first body-in-white as it prepares to complete building the company’s first vehicles this coming December. Faraday officials said completing the first...
by Joseph Szczesny | Aug 24, 2018
Sales of midsize sedans continue to sink but Nissan plans to invest $170 million in its Smyrna, Tennessee assembly plant to support production of the 2019 Altima. The announcement came as the company celebrated the start of production of the sixth-generation sedan at...
by Joseph Szczesny | Aug 23, 2018
Geely Automobile Holdings Ltd., which is rapidly emerging as one of China’s top automotive companies, saw its sales increase by 44% in its home market during the first half of 2018, the company reported. The company reported that it sold 766,630 vehicles between...
by Joseph Szczesny | Aug 23, 2018
KKR & Co., one of the leading specialists in leveraged buyouts that turn public companies private, is in talks to acquire the auto parts business of Magneti Marelli from Fiat Chrysler Automobiles N.V., according to a number of published reports. FCA announced last...
by Joseph Szczesny | Aug 22, 2018
Byton, the Chinese-backed maker of electric vehicles, plans to use a display at the 2018 Pebble Beach Concours d’Elegance, for the debut the Byton K-Byte Concept as well as its first production model. The company’s display at Pebble Beach will also feature...
by Joseph Szczesny | Aug 22, 2018
In another sign of that sales of new vehicles could face more headwinds in the months to come, the University of Michigan’s quarterly survey of consumer sentiment is flashing some new warning signs for the automobile business. Vehicle buying conditions were...
by Joseph Szczesny | Aug 21, 2018
A new study found that losing control of the vehicle and the threat of computer virus are the two most important reservations or fears consumers have about autonomous vehicles. The study done by the University of Memphis’ FedEx Institute of Technology also found that...
by Joseph Szczesny | Aug 21, 2018
Tesla apparently has competition looking to tap Saudi Arabia’s money to finance Elon Musk’s plan for taking the electric car company he founded private in the near future. PIF, the Saudi Arabian sovereign wealth fund that Musk has said could help him fund...
by Joseph Szczesny | Aug 20, 2018
Negotiations on the North American Free Trade Agreement are ongoing, but anxiety continues to grow inside the auto industry, which is looking for measure of stability, due to the slow pace of the talks. While some progress has been made during bilateral talks between...
by Joseph Szczesny | Aug 17, 2018
Ford Motor Co. has taken another step toward bolstering its sinking operations in China with a new partnership to put autonomous vehicle technology into the Chinese market. Autonomic, a wholly owned subsidiary of Ford Smart Mobility LLC and the cloud computing arm of...