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Auto industry

GM reports strong fourth-quarter earnings

by Mitchell Hartman
Feb 6, 2019
General Motors released positive fourth-quarter earnings on Wednesday. This comes just two months after the car manufacturer pledged to eliminate several car models and reduce its workforce by 14,000 jobs. GM says the planned factory closures and layoffs will save the company at least $2 billion this year. Robust pickup truck and SUV sales have helped GM […]
General Motors CEO Mary Barra holds a media briefing prior to the start of the 2015 GM Annual Meeting of Stockholders at GM world headquarters June 2015 in Detroit, Michigan. 
Bill Pugliano/Getty Images
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How a minor tap on the fender can require thousands of dollars in repairs

by Ben Bradford
Jan 31, 2019
Increasingly popular advanced safety features can create surprising costs for consumers.
AAA recently found cars with advanced safety features commonly cost twice as much to repair as other vehicles.
Ben Bradford/Marketplace
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Kansas City’s auto industry is thriving thanks to the popularity of trucks

by Peggy Lowe
Jan 24, 2019
While layoffs in the auto industry have dominated headlines, there are places where the U.S. automotive industry is doing pretty well.
Kansas City's auto industry is booming thanks, in part, to the popularity of pickup trucks like the Ford F-150.
JEFF KOWALSKY/AFP/Getty Images
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Tesla wants to make its cars cheaper by cutting costs

by Marielle Segarra
Jan 18, 2019
But how will the innovative, and controversial, company deal with a backlog on deliveries while at the same time shrinking its workforce? Click the audio player above to hear the full story.
A Tesla vehicle at a dealership on January 03, 2019 in Miami, Florida.
Joe Raedle/Getty Images
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Your car is not self-driving, no matter how much it seems like it is

by Ben Bradford
Jan 16, 2019
Drivers might be relying on their car's safety technology more than they should.
Advanced driver assistance systems "are like magic," says Alex Epstein, director of transportation safety at National Safety Council. “The problem is people don’t know how to use them."
McNew/Getty Images
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Auto show opens in Detroit but some automakers give it a miss

by Andy Uhler
Jan 14, 2019
Big-name auto companies will skip the North American International Auto Show as they reconsider their promotion strategies.
Cars are lined up at the Cobo Center in Detroit Michigan January 13, 2019 as preparations are under way for the North American International Auto Show.
TIMOTHY A. CLARY/AFP/Getty Images
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GM's profit outlook is rising after announcing restructuring in November

by Mitchell Hartman
Jan 11, 2019
Back in November, General Motors unloaded a big bummer of an announcement: five plant closures, about 15,000 layoffs and the dispensing of several car models. GM said all that would save $4.5 billion by 2020. Today, GM CEO Mary Barra said the company expects 2018 earnings will be stronger than previously expected and said 2019 […]
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Ford plans to close plants and slash its workforce in Europe

by Justin Ho
Jan 10, 2019
The Ford Motor Co. announced Thursday morning that it’s going to “transform” its operations in Europe. That means the automaker will close plants, stop producing some models and lay off what a Ford executive called a “significant number” of its 50,000 European employees. Ford’s been in Europe for more than a century. It’s also the […]
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GM Canada's company town has learned from past layoffs

by Emma Jacobs
Dec 6, 2018
As the automaker's Oshawa, Ontario, plant has shed jobs, the local economy has been forced to diversify.
Image of the General Motors plant and headquarters in the 1940s.
Courtesy of the Archival Collection at the Oshawa Museum
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What's new about the new NAFTA

by Sabri Ben-Achour
Nov 30, 2018
Signed but not yet delivered: The new NAFTA isn't very different from the old one.
(L to R) Mexican President Enrique Pena Nieto, US President Donald Trump and Canadian Prime Minister Justin Trudeau leave after delivering a statement on the signing of a new free trade agreement in Buenos Aires, on November 30, 2018, on the sidelines of the G20 Leaders' Summit.
MARTIN BERNETTI/AFP/Getty Images
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