by Joseph Szczesny | Mar 19, 2018
Three years after leaving New Jersey, Mercedes-Benz USA is moving into its new $93 million permanent home in Atlanta. “All the stars are aligned. Our new Atlanta headquarters marks a highpoint for Mercedes-Benz in the U.S. market,” said Dietmar Exler,...
by Joseph Szczesny | Mar 19, 2018
On the heels of the announcement last week by the Ford Motor Co. that it plans to spend $7 billion to bring new SUVs to showrooms, Lincoln is preparing to show off the production ready version of the all new Lincoln Aviator at the New York International Auto Show. The...
by Joseph Szczesny | Mar 16, 2018
Ford Motor Co.’s product development chief says one way to make electric vehicles more popular is to give them wider appeal. Hau Thai-Tang, Ford executive vice president for product development, said noted that even when gas prices were high, consumers...
by Joseph Szczesny | Mar 16, 2018
Fiat Chrysler Automobiles N.V. overpaid for new car dealer websites after the developer bribed Clyde Campbell, who was then the company’s managing director in the country, according a lawsuit now being tried in the United Kingdom. The UK High Court heard...
by Joseph Szczesny | Mar 15, 2018
In a bid to reverse the narrative that the company was in decline in recent months, Ford Motor Co. offered reporters and analysts a glimpse at a product plan that will renew three quarters of the vehicles in dealer showrooms by 2020. Ford CEO Jim Hackett said that the...
by Joseph Szczesny | Mar 15, 2018
Magna is purchasing a $200 million equity stake in ride-sharing behemoth Lyft as part of a multi-year plan to develop a self-driving vehicle platform together. The collaboration calls for the two companies to jointly fund, develop and manufacture self-driving systems....
by Joseph Szczesny | Mar 14, 2018
New vehicles have become so sophisticated, so well-built and so expensive, the differentiators of what used to be called a mass-market car and a luxury sedan have blurred and faded away. As the lines blur, it has created an opportunity for a new brand, such as...
by Joseph Szczesny | Mar 14, 2018
The drip, drip, drip of charges in the scandal surrounding the training funds at Fiat Chrysler Automobiles N.V. administered jointly by FCA and the United Auto Workers continues as federal prosecutors disclosed they filed charges against another former UAW official....
by Joseph Szczesny | Mar 13, 2018
General Motors continues to expand its use of alternative energy to power up its factories in the U.S and abroad. In the last move, GM confirmed that its working with Consumers Energy, a utility company based in Jackson, Michigan, moving from what is described as...
by Joseph Szczesny | Mar 12, 2018
Ford Motor Co. suffered another sharp reversal of fortune in China during February where it reported vehicle sales dropped 30% from a year earlier while General Motors continues to roll up sales. The sales drop by Ford appeared to reflect a dearth of new products as...
by Joseph Szczesny | Mar 9, 2018
Daimler Financial Services subsidiary, the Mercedes-Benz Bank in Germany, is revising its business model to accommodate the changes in mobility, such as subscription services, with which carmakers have begun to experiment. The Mercedes-Benz Bank now finances one of...
by Joseph Szczesny | Mar 9, 2018
Dealers, carmakers and suppliers were quick to criticize President Donald Trump’s order imposing tariffs on imported steel and aluminum with the exception of imports from Canada or Mexico. “A tariff is a tax that will result in higher prices that consumers will...
