by Joseph Szczesny | May 30, 2018
Hyundai Motor Manufacturing Alabama LLC plans to spend $388 million to build a new plant outside Montgomery, Alabama, dedicated to making parts for a new engine for two sedans. HMMA President and CEO Dong Ryeol Choi announced Hyundai plans to construct a plant...
by Joseph Szczesny | May 30, 2018
The start of the summer driving season, which normally sees motorists paying more for fuel, has brought some relief from rising gasoline prices. AAA reported that during the long holiday weekend, the national gas price average held steady for five days at $2.97 per...
by Joseph Szczesny | May 29, 2018
Another Fiat Chrysler executive pleaded guilty to criminal charges in the ongoing federal investigation of FCA leaders bribing key United Auto Workers officials to make it easier to gain their cooperation on labor-related issues in which the UAW had a voice. Michael...
by Joseph Szczesny | May 29, 2018
New vehicle sales are expected to increase during by more than 3% in May, reflecting the strong showing by General Motors and Fiat Chrysler Automobiles N.V., according to new monthly forecasts, but the overall sales rate is falling behind the pace in 2017. Cox...
by Joseph Szczesny | May 25, 2018
Apple’s on-again-and-off again automotive project, has found a partner, Volkswagen, according to a published report. The report in the The New York Times followed reports by various tech-oriented web sites and publications that both Mercedes-Benz and BMW had...
by Joseph Szczesny | May 25, 2018
The Trump administration’s decision to launch a complex investigation to determine if the import of finished vehicles and automotive components represents a threat to national security brought a swift reaction from carmakers and other groups. The Alliance for...
by Joseph Szczesny | May 24, 2018
Despite some major political differences, the United Auto Workers union is fully prepared to support President Donald Trump’s protectionist trade policies. Dennis Williams, president of the United Auto Workers, said, “I have said that as long as when he is...
by Joseph Szczesny | May 24, 2018
President Donald Trump is once again threatening to slap steep tariffs on imported cars, trucks and auto parts, his latest in a series of moves challenging free trade that also sees a continuing effort to rewrite the North American Free Trade Agreement. Trump said he...
by Joseph Szczesny | May 24, 2018
Jaguar Land Rover reported its annual pre-tax profits fell to 1.5 billion pounds, or $2 billion, from 1.6 billion pounds the year before, and fourth quarter profits during the January to March period was almost cut in half from 676 million pounds, or $905.3 million,...
by Joseph Szczesny | May 23, 2018
With its sales of ultra-expensive sports cars steadily climbing, McLaren Automotive has been fortifying its bottom line with new models after its long-expected demise has come and gone. The growth in new vehicles in the product portfolio has strengthened interest in...
by Joseph Szczesny | May 23, 2018
Sales of battery electric vehicles are growing steadily and impressively, according to a key executive at Robert Bosch Gmbh, one of the world’s top automotive suppliers. Sujit Jain, Bosch Group regional president, Passenger Cars and Electric Vehicles, Powertrain...
by Joseph Szczesny | May 22, 2018
Going into the Memorial Day weekend, the traditional opening of the summer driving season, the average price of gasoline across the U.S. continues to climb and analysts expect even higher prices lie ahead, prompting at least one respected analyst suggest buyers of new...
