Recent News

VW Group’s EV shift will not hurt margins, CEO tells paper

Volkswagen Group's scale will protect its profit margins as the automaker invests heavily in electric vehicles, CEO Herbert Diess said. ... Read More »

NADA: USMCA means affordable vehicles

Average new-vehicle transaction prices keep climbing, raising average monthly payments and extending borrowing terms. The NADA wants congress to adopt a new North American trade pact to help keep new vehicles within reach of U.S. consumers. ... Read More »

As luxury residuals fall, some cite Tesla

Luxury-brand residual values are in decline, and it's partly because Tesla is winning away customers. ... Read More »

Sedan is still top choice among minority buyers

Cars are still outpacing crossovers in popularity among minority consumers, and African Americans are a fast-growing segment of pickup buyers, according to IHS Markit. ... Read More »

End of an era at Renault-Nissan

With Thierry Bollore's ouster at Renault and new leaders taking the helm at Nissan, Carlos Ghosn's imprint on alliance is quickly disappearing. ... Read More »

Tokyo auto show preview

A dearth of participating foreign brands means the Japanese automakers will have to step up their game. ... Read More »

Economic impact of UAW strike balloons

By the end of last week, some 150,000 workers either had been laid off or had their pay reduced, a consulting firm said. Most of those affected don't even work for GM. ... Read More »

Working poor drivers struggle to find affordable old used cars

The seeds of the problem are buried deep in the financial crisis, when in the midst of the worst economic downturn since the Great Depression, automakers slashed production. A decade later, that has made a relative rarity of used 10-year-old vehicles that are typically...

... Read More »

Women’s well-being a priority at Penske

Penske Automotive Group plans next year to expand its Women's Wellness Week initiative to more female employees. ... Read More »

The billion-dollar part

Automakers and suppliers are investing billions to increase battery-making capacity in the U.S. and states want a piece of the pie. ... Read More »