Stories Tagged as
Vehicle industry
A sales slump for cars can mean deals for buyers
by
Jed Kim
May 2, 2017
Car sales in the U.S. are down, compared to last year, for the fourth straight month. That’s largely across the board. Ford, GM, Fiat-Chrysler and Toyota all reported lower sales. That means the bonanza that the auto industry has been enjoying for the past several years may be cooling off. That means dealership lots are […]
Automakers meet with EPA, DOT about federal fuel efficiency standards
by
Scott Tong
Apr 27, 2017
The auto industry came to Washington today for talks with the Environmental Protection Agency and Department of Transportation. On the table: tweaks to the emissions and mileage requirements currently in place. The White House and automakers want lower standards to be considered. Click the audio player above to hear the full story.
Report highlights a trend toward more ride-sharing, less car ownership
Apr 11, 2017
The New York auto show kicks off later this week. The event comes at a time when the auto industry is grappling with two diverging trends. On one hand, people still want big, spacious, largely gas-powered vehicles; on the other hand is a future powered by mobility services and electric vehicles. A report by the Boston Consulting Group […]
Are foreign automakers feeling pressured by Trump?
Apr 10, 2017
Toyota is investing $1.3 billion to upgrade 30-year-old equipment at its manufacturing plant in Georgetown, Kentucky. The factory is going to start producing a new Camry in June. The automaker says this investment has been in the works for years and was not driven by the border tax floated by President Trump. But that doesn’t […]
Tesla’s market capitalization is now greater than Ford’s
Apr 3, 2017
Some interesting news in the automotive space today: Tesla, the maker of high-end electric cars, has now surpassed Ford in terms of market capitalization (the total value of all outstanding shares). It seems investors are betting big that Elon Musk can meet growth targets ahead of the much-anticipated release of the Model 3 sedan later this […]
When it comes to NAFTA and autos, the parts are well traveled
by
Scott Tong
Mar 24, 2017
The identity of your vehicle would be best described as a multicultural collaboration.