Pricier Vehicles Seen Driving Rebound in US Auto Market
Demand for higher-priced vehicles from retail buyers at the end of 2020 helped lift U.S. auto sales out of a springtime slump and buffered the impact of a sharp drop in fleet sales to rental car companies.
PSA, Fiat to Seal Merger After Winning Shareholder Approval
Fiat Chrysler Automobiles NV and PSA Group will complete their combination later this month after shareholders signed off on a deal that endured two years of drama.
Toyota’s Driverless Shuttles Could Double as ‘Roving Offices’
Toyota Motor Corp. is aiming to commercialize an autonomous shipping-container-like vehicle within a few years that it says could double as a mobile store or roving office.
Biden Win Is Pressuring Carmakers to Unite on Tailpipe Rules
Carmakers that signed up for President Donald Trump’s battle with California over auto emissions are now being pressured to join a peace plan brought on by the election of Joe Biden.
FCC Reassigns Transportation Safety Spectrum
Despite pushback from transportation stakeholders and key policymakers on Capitol Hill, the Federal Communications Commission moved forward with its plan to reallocate some transportation safety spectrum for broadband uses.
GM to Invest $1 Billion to Resurrect Pickups in Ontario
Canada’s Motor City is about to come back to life after a near-death experience threatened to end more than a century of production.
Top US Dealer Warns Automakers Are Missing Resupply Deadlines
AutoNation Inc., the largest U.S. car retailer, is warning new-vehicle inventories remain thin as automakers miss resupply deadlines, which may mean fewer choices and higher prices for buyers.
Jim Farley Becomes New Ford CEO, Pledges Stronger Profit Margins
On his first day in Ford’s top job, CEO Jim Farley is replacing the company’s chief financial officer and announcing other structural and management changes.
US Automakers Dig Out of Pandemic Hole as Prices Soar
Automakers are climbing out of the ditch they fell into this spring, with U.S. auto sales expected to rebound strongly in the third quarter thanks to cheap borrowing costs and a shift toward private transportation amid the pandemic.
Ford CEO’s Vow for Flawless Launches Tested by High-Stakes F-150
Ford Motor Co. is gearing up for an intricate, two-phase overhaul of factories for its most profitable vehicle, putting to the test a pledge by incoming CEO Jim Farley for flawless execution.