It goes without saying that Volkswagen's Dieselgate scandal is going to cost the company a very pretty penny. We'd initially pegged the cost around $25 billion, but some analysts now expect the final bill to top $40 billion. Much of that money will pay for fixing VW, Audi, Porsche, Seat, and Skoda...Read More»
In case you hadn't noticed, there's a mass migration underway in the auto industry. Whether they sell luxury SUVs or mainstream sedans, car companies of all stripes are heading south. ALSO SEE: The Lowest-Rated Cars Of 2015 Many are already there -- and have been for years. Hyundai has a base of...Read More»
Thanks to a series of leaks and early reveals, the 2015 North American International Auto Show didn't provide many surprises. There were, however, two worth noting: 1. The unveiling of the totally unexpected Ford GT supercar. 2. The stated price of a future Tesla vehicle -- the Model 3 -- which...Read More»
The North American International Auto Show (NAIAS), or the Detroit Auto Show as it’s widely called, isn’t just the first major auto show of 2015; it’s typically the biggest, most newsworthy show of the year for the U.S. market—and arguably for the world. ALSO SEE: Five Most...Read More»
Earlier today, we discussed Ford and General Motors' impending withdrawal from Australia and the likelihood that Toyota will follow suit. All in all, the forecast looks pretty grim for the country's auto industry. Though things in the U.S. aren't nearly so bleak, there's no denying that Detroit has...Read More»
Americans have conflicting ideas about what makes a car truly "American". According to an AutoTrader survey released last year, "a vehicle that is made in the U.S. by a foreign automaker is more likely to be seen as 'American made' (57 percent) than one from a U.S. automaker that was built outside...Read More»
The data is clear: folks under 35 aren't as interested in owning a car as their parents and grandparents were. But that doesn't mean they've given up on cars entirely -- and when they do need a set of wheels, they're spending less time loitering on the lots of Toyota, Honda, and other Japanese...Read More»
Detroit, we have a problem -- in fact, we have two. Everyone knows that younger consumers are ambivalent about owning cars. That's an obstacle that automakers around the globe are trying to overcome. But Detroit's Big Three have an additional hurdle: women don't care much for them, either...Read More»
Five weeks after Hurricane Sandy made landfall, life across much of the northeast has returned to normal (or a rough approximation thereof). But some automakers have followed an easier road to recovery than others. Reporting on the strong state of the U.S. auto market, Detroit News mentions that...Read More»
Word of warning: This story is not a joke, although some may find it laughable. Anyone who’s familiar with the long-time economic slide affecting Detroit knows that the Motor City has steadily lost a lot more than jobs in the past 50-some years. It’s also lost 60 percent of its...Read More»
After Pure Detroit opened its first of three stores on Thanksgiving Day in 1998, the company built momentum with a website (www.puredetroit.com) featuring branded clothing and merchandise; proceeds benefit Detroit-area charities. After Chrysler introduced its “Imported from Detroit”...Read More»
Who doesn’t love a good deal? Every family head worth his or her coupon clippings knows that Groupon is often a bargain. You just need to need the item. And a new GM vehicle might just be the right item. At least, that’s what one GM dealer in Highland Township, Michigan believes. As...Read More»
Last week, we reported on June auto sales stats, which showed big gains for America's Big Three, as well as for German and Korean marques. But a new survey from YouGov hints that Detroit's triumphs may be short-lived if automakers don't begin to address some serious image problems. YouGov is a...Read More»
Late last night official pictures of the 2012 BMW M5 leaked onto the web. This forced BMW to make the 2012 M5 official, slightly ahead of schedule. [MotorAuthority] Do you think Lexus is trying to reinvent itself? Does it need to? [TheCarConnection] Father's day is coming; do you know what you're...Read More»
The 2012 Presidential campaign has already started, and yes, it looks like the bailout of the auto industry could end up being one of many points of debate. Chrysler's earlier-than-expected repayment of $7.5 billion in federal loans—on top of a recent strong financial performance from GM...Read More»
Detroit has a bad reputation for crime, poverty and heavy drug use. A recent investigation by a local CBS News affiliate isn’t going to help the city live down that legacy any time soon, as it found crack pipes for sale at local businesses, including gas stations. The pipes were found at gas...Read More»
This spring and summer, General Motors [NYSE: GM] and Ford Motor Co. [NYSE: F] both have an opportunity to learn from the mistakes of the past and bolster their small-car sales. Concerns regarding gas prices, coupled with currency issues and earthquake-related supply pinches, might altogether help...Read More»
Quick: Which music-video face do you most associate with Chrysler now: Eminem, or Rebecca Black? Chrysler no doubt would rather have you think of its Super Bowl commercial, starring Eminem, but it would be hard to find someone who logs any time connected and hasn't seen the cobbled-together music...Read More»
If you take recent media messaging—especially that from the auto industry—at face value, Detroit has been undergoing a resurgence. While that's easy to see in the industry, in stronger, better-rated, better-received product lines from General Motors and Ford—and the winds of...Read More»
