Automobile industry

Volvo is the first major car company to announce when it will stop developing cars that run on good ol’ internal combustion engines. Starting in 2019, all of Volvo’s new models will be hybrids or electric vehicles. The company has its origins in Sweden, but it’s been owned by Chinese carmaker Geely since 2009. You […]

Microsoft, Shell, GE and Cargill are among those warning that President Trump’s decision to withdraw from the Paris Agreement on climate change will put U.S. companies at a disadvantage. Click the audio player above to hear the full story.

The state of the auto loan market is causing some concern among analysts. Many are drawing comparisons with the mortgage-lending crisis that figured largely in the financial crash of 2008. At issue is the growing number of riskier, subprime loans. Default rates are going up too.  And lenders are starting to get spooked.  Click the […]

Mexico’s auto exports to the U.S. are up this year. And with the Trump administration talking tough on trade deficits and the need to renegotiate the North American Free Trade Agreement, that could be a problem for our neighbor to the south.   Click the audio player above to hear the full story.

Tesla CEO Elon Musk is known for taking big risks. It’s a reputation that helped him raise billions of dollars for his various companies over the years. Musk’s latest gamble is a decision to fast-track the assembly-line strategy for the new Tesla Model 3 electric car. Typically, carmakers do a prototype buildout before going to […]

You know AAA as the big truck that comes to help when your car breaks down on the highway. But the auto club was an original mobility disrupter, one of the first car-service companies back when people were trading in their horses for a Model T. Now it’s the latest entrant to the car-sharing market. […]

The South is a good reminder of how important German automakers are to the U.S.

People who took out subprime loans to buy a car are falling behind on their payments at the highest rate since the financial crisis. That could lead to higher costs for people who want a car loan. It’s also bad news for the automakers.  Click the audio player above to hear the full story.

President Donald Trump went to Detroit and said he was going to boost American automakers. By rolling back EPA fuel economy standards that President Barack Obama finalized right before he left office, Trump said the big car companies could make more money and hire more Americans. Tighter mileage and emissions standards were set to go […]