Industry

Americans are holding onto cars longer, according to federal study
Americans are holding onto cars longer, according to federal study

This might not be good news for car dealers: Americans appear to be keeping their cars longer than ever. The results of a study released Tuesday by the Federal Highway Administration indicate that the average vehicle age has increased significantly since 2009 to 10.5 years. Back then, the average...Read More»

First 2018 Nissan Leaf produced at assembly plant in Smyrna, Tennessee, Dec 2017
US, foreign automakers spar over Trump's NAFTA rework

Talks between the U.S., Canada, and Mexico are expected to resume Tuesday on President Donald Trump's efforts to rework the 1994 North American Free Trade Agreement (NAFTA) between the three countries. No matter what U.S. Trade Representative Robert Lighthizer and Mexican Economy Minister Ildefonso...Read More»

Icon Old School BR
Ford to spend $11B on its operations to reboot itself, won't say how

Ford said Wednesday during a call with investors that it will pump $11 billion to restructure itself over the next few years as it seeks to remake its business. The automaker's Chief Financial Officer Bob Shanks called Ford's transition a "profound redesign" but neither he nor Chief Executive...Read More»

Original Volkswagen Microbus and the 2016 Transporter
Report: Apple, VW to collaborate on self-driving car project

After shelving plans to develop its own self-driving car, Apple will begin shuttling workers between two of its California campuses in Volkswagen vans fitted with its autonomous technology, a report said Wednesday. The New York Times reported that a deal inked between the two firms will see VW...Read More»

Factory worker assembles a Jeep in Belvidere, Illinois
Trump delays tariffs on imported steel, aluminum for some US allies

Mere hours before temporary exemptions for certain U.S. allies were set to expire, the Trump administration Monday postponed new, wide-reaching import tariffs on aluminum and steel used in new cars. The temporary tariff exemptions were set to expire at 12:01 a.m. Tuesday. At that time, the...Read More»

2019 Cadillac CT6, 2018 New York auto show
Cadillac shake up: division chief out, strategy could shift

General Motors announced Wednesday what could be the beginning of a major shift for its Cadillac luxury division—starting from the top down. The automaker said that Johan de Nysschen, Cadillac's now-former president, has been replaced by GM Canada president Steve Carlisle. De Nysschen, who...Read More»

2017 Chevrolet Bolt EV pre-production vehicles at Orion Township Assembly Plant, March 2016
Trump administration could treat imported cars differently than domestics

While President Trump pushes to retool Obama-era fuel economy rules, the White House may also be working on a protectionist measure that could impose even stricter emissions standards on cars imported to the U.S. According to The Wall Street Journal, two U.S. automotive executives suggested that...Read More»

Factory worker assembles a Jeep in Belvidere, Illinois
Import tariffs on aluminum may not have an immediate effect on car prices in U.S.

Aluminum suppliers to carmakers are revving up their investments to push out as much metal as possible while the White House decides whether or not to grant permanent tariff exemption status to Canada, but those import taxes may not necessarily translate to higher new car prices in the short term...Read More»

2018 Honda Accord
Highly acclaimed 2018 Honda Accord sees demand soften in favor of crossover SUVs

The 2018 Honda Accord sedan has been hailed by critics as handsome, athletic and with charisma to spare, but shoppers are walking right by it in favor of crossovers and SUVs. Dealers’ efforts to move the Accord have floundered, leaving a hefty inventory taking up space. As Automotive News...Read More»

Factory worker assembles a Jeep in Belvidere, Illinois
Automakers respond to Trump's proposed steel, aluminum import tariff increases

Last week, President Donald Trump announced a plan to place tariffs on imported steel and aluminum. Some car companies that assemble vehicles in the U.S. have responded negatively to the proposal—which sent automaker stocks tumbling on its own. Trump’s plan would impose a 25 percent...Read More»

2018 Mercedes-Benz SLC-Class (Mercedes-AMG SLC43)
In quest for tech, Chinese automaker Geely grabs 10 percent of Mercedes parent Daimler

Daimler AG announced last week that Li Shifu, the founder of Chinese automaker Geely, had acquired almost 10 percent of the shares in the company. Li didn't buy 9.7 percent of Daimler all at once; the outspoken CEO has been accumulating shares on the open market since last fall. The German...Read More»

2017 Peugeot 3008
Peugeot, Citroen eye return to U.S. with new Atlanta HQ

PSA Group, the French parent company of Peugeot and Citroen brands, is reportedly making Atlanta, Georgia, the home of their U.S. headquarters as part of a bid to return to this market after decades away. Though PSA representatives didn't comment on an Automotive News report, the trade journal...Read More»

2018 Ford Escape
Ford looks to streamline crossover, sedan lineups

Buy a new Ford Escape in a few years' time and there's a good chance you won't need to do much more than pick the color you want at a price that suits your budget. The Detroit automaker said Tuesday at a conference put on by Deutsche Bank that it plans to reduce the "number of orderable...Read More»

Prototype for Nissan and Infiniti’s ProPilot self-driving system
Nissan sets ambitious door-to-door goal for its self-driving cars

Nissan says its ProPilot self-driving technology will be ready to take over the majority of human driving responsibilities by 2020. The automaker demonstrated the ProPilot technology with an Infiniti Q50 equipped with all necessary components. As the video shows, the Q50 was able to navigate not...Read More»

Waymo trains self-driving cars to identify emergency vehicles
Google's Waymo takes cabbie out of its self-driving taxis

Google-owned Waymo is taking the driver out of self-driving cars with a new ride-hailing service that just launched in suburban Phoenix. About 100 Chrysler Pacificas equipped with Waymo's self-driving technology are now being tested in Chandler, Arizona, company CEO John Krafcik said Tuesday...Read More»

Toyota Concept-i Ride, 2017 Tokyo Motor Show
Toyota pumps millions into Israeli robotics firm for artificial intelligence

Although Toyota hasn't been a pioneer in self-driving cars, it's clearly interested in bolstering its use of the technology. As the company looks toward the future, Reuters reported on Sunday its new venture capital arm invested $14 million into an Israeli robotics company, Intuition Robotics...Read More»

Last Holden Commodore to be built in Australia - October 2017
Australia marks the end of an era, exits car-building business

General Motors closed its last Holden factory in Australia last week, officially bringing to an end nearly a century of Australian automotive manufacturing. The move was far from unexpected, and follows similar pull-outs from both Ford and Toyota last year as carmakers seek out more sustainable...Read More»

FCA's Windsor, Ontario, assembly plant
As NAFTA battle lines are drawn, repercussions loom on dealership lots

NAFTA negotiations have reached an impasse in several key areas, chief among them a series of regulations surrounding the automotive sector. While Canadian Foreign Affairs Minister Chrystia Freeland referred to a “series of unconventional proposals” and Mexican Secretary of the Economy...Read More»

2019 Porsche Cayenne Turbo
Porsche races into Netflix-style subscription model

Purchasing and leasing new cars may ultimately become a thing of the past if subscription-based services catch on. Porsche is the latest—and perhaps the greatest—to envision this alternative to traditional car ownership, an on-demand, white glove vehicle service it calls Porsche...Read More»

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