by Joseph Szczesny | May 14, 2018
The parts shortage that cut production at Ford, General Motors and Fiat Chrysler has forced Mercedes-Benz to stop building sport-utility vehicles at its assembly plant in Vance, Alabama, the German automaker confirmed. Meanwhile, Ford Motor Co. has informed employees...
by Joseph Szczesny | May 11, 2018
Once considered an also ran, Mitsubishi Motor Co has found new life on the heels of its alliance with Renault and Nissan. Mitsubishi Motors reported net sales were up 15% year-on-year to 2.19 trillion yen, or $20.1 billion, for Fiscal Year 2017, ending March 31,...
by Joseph Szczesny | May 10, 2018
Ford Motor Co. top officers fended off challenges from environmentalists and stockholders during the company’s annual meeting, but shareholder dissatisfaction was clear once the votes were counted. Executive Chairman William Clay Ford Jr. said there was a lot of...
by Joseph Szczesny | May 10, 2018
UPS has announced that it is working with UK-based technology firm Arrival to develop a pilot fleet of 35 electric delivery vehicles that will be tested in London and Paris. Both cities are moving towards tighter restrictions on vehicles with internal combustion...
by Joseph Szczesny | May 10, 2018
Subaru has begun production of its new Ascent, a three-row sport utility vehicle with seating for eight passengers, at the company’s assembly plant in Lafayette, Indiana plant. The addition of the new ute to the production mix created 200 jobs, following an...
by Joseph Szczesny | May 9, 2018
With the battle over U.S. fuel-economy rules growing more intense, environmental groups have targeted Ford Motor Co. for special treatment as they presented the company with petitions bearing 250,00 signatures calling on the automaker to drop its support for altering...
by Joseph Szczesny | May 9, 2018
With the auto industry pushed by new and emerging technology, carmakers are re-evaluating and re-organizing every part of their business, including finance. BMW Group Financial Services in the U.S. has launched what it describes as an accelerator program named the BMW...
by Joseph Szczesny | May 8, 2018
For the past 43 years, Chevrolet has been the leader in one of the most lucrative segments in the automotive business — full-size sport utility vehicles. Combined Chevy Suburban, the granddaddy of all full-size SUVs, and the Chevy Tahoe account for nearly one out of...
by Joseph Szczesny | May 8, 2018
Toyota Motor Corp. is planning to beef up its manufacturing footprint in Canada with a $1 billion investment its three assembly plants in Woodstock and Cambridge, Ontario, which are dedicated to building two of the Japanese automaker’s most popular vehicles in...
by Joseph Szczesny | May 7, 2018
The BMW Group’s profits dropped slightly during the first quarter as the company’s motorcycle business took a beating during the first three months of the year offsetting a solid gain by the company’s automotive business. Harald Krueger, chairman of the...
by Joseph Szczesny | May 4, 2018
Fiat Chrysler Automobile N.V. has been forced to close its assembly plant in Brampton, Ontario, due to a strike at a plant in Ajax, Ontario, that feeds seats to the FCA factory. A contract dispute between Unifor, the union representing some 320 hourly workers at the...
by Joseph Szczesny | May 4, 2018
Commuting is stressful, and Americans are looking for relief and a lot of them are finding it in their cars. A new study from Volvo Cars and Harris indicates 75% of Americans are seeking more ways to find calm amid increasing stress levels. Moreover, the respondents...
