by Joseph Szczesny | Apr 16, 2018
Automakers have accelerated investment in electric vehicles, according to a new report from BMI, the London-based research arm of the investment rating firm, the Fitch Group. The public relations crisis around diesel engines, the attractive image of pure EV brands and...
by Joseph Szczesny | Apr 16, 2018
General Motors confirmed it plans to eliminate one shift at its big assembly complex in northeastern Ohio, idling some 1,500 workers. GM spokeswoman Dayna Hart said in an e-mail that the downsizing of Lordstown’s workforce was in response to the long-term changes in...
by Joseph Szczesny | Apr 13, 2018
In a surprising about face, President Donald Trump is apparently considering reversing one of his first decisions on trade — scuttling the Trans Pacific Partnership. Denouncing and walking away from TPP with a sharp dig at former President Barack Obama was one of...
by Joseph Szczesny | Apr 12, 2018
Given the hubbub around sport-utility vehicles these days and the relatively low price of gasoline, it is quite easy for small cars to get lost – or at least overlooked – in conversations about new cars. However, small cars still command a significant following among...
by Joseph Szczesny | Apr 11, 2018
Federal-Mogul, a century old supplier of automotive component with a storied past, is being sold to Tenneco Inc. as part of a deal valued at $5.4 billion. In recent years, Federal-Mogul – owned by Wall Street financier Carl Icahn – has gone through multiple...
by Joseph Szczesny | Apr 11, 2018
Gasoline is getting more expensive and with the summer driving season just ahead prices are already closing in on last year’s high, according to AAA. “Gas prices are only a penny away from topping the $2.67 high of 2017,” said Jeanette Casselano, AAA...
by Joseph Szczesny | Apr 11, 2018
The competition in the pickup truck segment continues to escalate as General Motors, Ford and Fiat Chrysler bring on new models. Chevrolet announced that the next-generation Silverado HD will debut next year, as a 2020 model. It will be the third all-new truck in the...
by Joseph Szczesny | Apr 10, 2018
The Chinese market is too large and too important for Ford Motor Co. to ignore so the company is planning to launch five new midsize models this year in a bid to boost its fortunes in the world’s biggest market. The new models will go on later this year Ford...
by Joseph Szczesny | Apr 10, 2018
BMW is preparing use the Auto China 2018 show in Beijing later this month to show off an array of new models, including the debut of the third generation X3, concept vehicles and developments in automotive technology. The selection of new products on display in...
by Joseph Szczesny | Apr 9, 2018
The United States and China might appear headed for a full-blown trade war that could rattle the global economy, but General Motors, one of the American companies that could get hurt in the crossfire is moving ahead with its aggressive plans for the Chinese market....
by Joseph Szczesny | Apr 6, 2018
The U.S Department of Justice is bringing charges against a third Fiat Chrysler Automobiles N.V. official as part of the expanding corruption probe into the illegal use of funds set aside under FCA’s labor contract with the United Auto Workers for training union...
by Joseph Szczesny | Apr 5, 2018
The National Labor Relations Board has filed a formal complaint against Tesla, finding merit to a series of charges involving the company’s treatment of employees over the past months, including claims that union supporters were swept out in a mass firing. Charges,...