Last week Ford Motor Company admitted to more troubles with its emissions and fuel economy ratings. Though hardly the first automaker to admit emission testing problems, it’s not Ford’s first time in the bad-news barrel. In 2013 the company was…
Fiat Chrysler Automobiles N.V. (FCA) today confirmed a number of major manufacturing and product commitments for Michigan and the city of Detroit. The $4.5-billion investment package includes new factories and additional capacity to support products for the Dodge, Jeep and…
Feb. 20, 2019 — Charlie Chesbrough, senior economist for Cox Automotive, writes an opinion piece in The Hill. In the Federal Reserve Bank of New York’s latest report on household credit, we see that at the end of 2018, over 7…
As widely rumored, Amazon announced a sizable investment in the EV-startup Rivian. General Motors had also been rumored to announce an investment but was not part of today’s announcement. Michigan-based Rivian has been in the spotlight since the 2018 Los…
Last year marked the start of Truck Wars with the launch of new full-size pickup trucks from Ram and General Motors taking on the king-of-the-hill Ford F-150. This year, Truck Wars 2 shifts focus to smaller trucks. The 2019 Ford…
Warning global sales, including those in the United Sates, and profits will fall below expectations this year, Nissan Motor announced it would take actions to improve its financial results. Nissan CEO Hiroto Saikawa said, for one thing, Nissan would avoid…
We spent last week at press week for the Chicago Auto Show, which is billed as the largest auto show for consumers in the country. It is open to the public through Feb. 18. While there were no earth-shattering debuts…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.62 percent month-over-month in January. This brought the Manheim Used Vehicle Value Index to 135.4, a 3.3 percent increase from a year ago. Looking at trends in…
Fiat Chrysler reports earnings Thursday for its fourth-quarter and full-year 2018. Here’s Cox Automotive data on how sales, market share, incentives and prices performed in the quarter. Brand Sales Q4-2017 Q4-2018 2018 Change Alfa Romeo 4,679 5,640 20.5% Chrysler…
General Motors reports earnings Wednesday for its fourth-quarter and full-year 2018. Here’s Cox Automotive data on how sales, market share, incentives and prices performed in the quarter. Brand Sales Q4-2017 Q4-2018 2018 Change Buick 59,401 51,257 -13.7% Cadillac 42,594…
