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Economic Report: Durable-goods orders plunge 14.4% in March as automakers, Boeing take big hit
Orders for durable goods sank 14.4% in March largely because of a decline in demand for big-ticket items such as new cars and trucks with the coronavirus sweeping across the country......»»
No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away
As Detroit's automakers shut production in March due to the coronavirus pandemic, South Korea's Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world's fifth-largest auto group......»»
Offered an amazing deal on a car? Proceed with caution
Faced with plunging demand and a country in lockdown, automakers are offering never-before-seen deals to try to sell the cars, trucks and SUVs already sitting on dealer lots......»»
America needs more ventilators. Can automakers re-tool in time?
Big automakers are racing to re-tool in order to make ventilato.....»»
Porsche is auctioning off a unique $312,000 Porsche 911, a matching wristwatch, and a VIP trip for coronavirus relief
Courtesy of Porsche Cars North America/RM Sotheby's Porsche and auction house RM Sotheby's are auctio.....»»
America needs more ventilators to fight COVID-19. Can automakers re-tool in time?
Big automakers are racing to re-tool in order to make ventilato.....»»
More Have Died from COVID-19 Than From Murder
Just over 16,200 people were murdered in the United States for all of 2018, the latest year for which data is entirely reliable. Sometime around 6 PM today, COVID-19 deaths in America passed that........»»
More Have Died from COVID Than From Murder
16,214 people were murdered in the United States for all of 2018, the latest year for which data is entirely reliable. Sometime around 6 PM today, COVID-19 deaths in America passed that number. The........»»
Automakers are pulling out all the stops, offering deals, shop-from-home programs, and payment assistance to help customers buy and keep their cars amid the coronavirus pandemic (F, GM, FCAU)
Crystal Cox/Business Insider New vehicle sales in the US have declined significantly as the COVID-19 coronavirus pandemic has worsened. With business shutdowns across the country, many car deale.....»»
Automakers can face dieselgate suits where cars bought: EU court adviser
EU consumers should be able to sue carmakers in their national courts if they have bought cars with emission cheat devices installed, an adviser to the Court of Justice of the European Union said on Thursday......»»
Autolist survey: More than 50% of car shoppers still hope to buy a vehicle in 2020
As the stock market see-saws between positive and negative territory on an almost daily basis, the chief question for automakers is, "Will people still buy our cars?" There's no need to produce more vehicles if no one has plans to buy the ones alre.....»»
Automakers Plan To Restart North American Factories – But Cars Aren"t First On The List
Ford Motor Company (NYSE: F), Fiat Chrysler Automobiles N.V. read more.....»»
Explainer: How U.S. emissions rules encourage larger SUVs and trucks
Drivers around the world want more roomy and powerful cars. Rules made under the administration of President Barack Obama make it easier for U.S. automakers to give customers what they want and to keep expanding the size of their vehicles......»»
U.S. automakers to extend shutdown into April: sources
Detroit's Big Three automakers plan to extend a current shutdown of vehicle production in North America into April as the coronavirus pandemic continues, people briefed on the matter said Tuesday......»»
Ford, GM and Tesla may make ventilators as shortage looms
In a move reminiscent of the World Wars, when America's car factories shifted to producing tanks, bombers and aircraft engines, some US automakers are looking into making ventilators and other medical equipment to help combat the coronavirus pandemic......»»
Toyota, Honda, Nissan, Hyundai join Detroit automakers in suspending production
Toyota, Honda, Nissan and Hyundai have joined the big Detroit auto manufacturers in suspending operations at plants in North America because of the coronavirus. The companies join Ford Motor Co., General Motors Corp. and Fiat Chrysler in deciding to halt.....»»
From the Ford Bronco to the Toyota Supra, automakers are dusting off iconic retired nameplates for their cars of the future
Toyota Lately, many carmakers are playing to consumer nostalgia by bringing back old model names for their new cars. In terms of the US mark.....»»
Porsche Cars North America sued over separating coolant pipes
The plaintiffs seek damages and "equitable relief" on behalf of two classes. Porsche has asked a federal judge to dismiss the case......»»
Explainer: Why automakers are on a drive to sell electric cars in Europe
Carmakers are under pressure in Europe to sell more electric cars or face huge fines for breaching new emissions rules aimed at tackling global warming......»»
BMW, Daimler aim to cut emissions 20% this year with new electric models
New electric models will help BMW and Daimler cut emissions from the cars they sell by an average of 20% this year, the German automakers predicted on Tuesday, as they strive to meet tough new European pollution rules......»»