automotive industry

There's a good chance your next new vehicle will be manufactured in Mexico. As a new article in Forbes notes, the Mexican government in recent years has secured free trade deals with 44 countries --- compared with only 20 such agreements between the U.S and other nations. That means about...

The international auto parts industry has reached a crossroads and must now prepare for an uncertain future. The Michigan Business News website MiBiz.com reports that by 2030 international automotive production will –- for the first time in the automotive sector's history -–...

A new article by Consumer Reports, outlining glitches the magazine discovered in its long-term experience with the Tesla (NASDAQ: TSLA) Model S sedan, is raising some eyebrows among auto industry analysts –- especially since the vehicle won Consumer Reports' coveted automotive Top Pick...

Should General Motors (NYSE: GM) have paid closer attention to information from rental car companies? Information about accidents, some deadly, involving some of their models; accidents that, it turned out, were linked to a long-standing ignition switch defect? According to an extensive...

Another blow for BlackBerry (NASDAQ: BBRY), another win for Apple (NASDAQ: AAPL) -- Ford (NYSE: F) announced it will replace 3,300 of its employees' BlackBerry devices with iPhones by the end of the year, with another 6,000 smartphones to be switched over within the next two years....

Germany wasn't the only winner to come out of the 2014 World Cup. A wide spectrum of broadcasters and companies scored well when it came to raising their profiles with consumers. According to Kelley Blue Book, automakers that advertised during the international soccer tournament saw...

Two of the business-related buzz phrases for which 2014 will be remembered are “autonomous vehicle” and “self-driving car.” Both traditional auto-makers and new technology giants have leaped into the autonomous vehicle race. While some companies have made promises to...

There is much speculation in the auto sector this week, just days after a German magazine reported talks were underway for a possible merger between Fiat (OTC: FIATY) and Volkswagen (OTC: VLKAY) -–  a move that, if consummated, would create the world's largest automotive company...

Google (NASDAQ: GOOG) (NASDAQ: GOOGL) made an interesting announcement this week: It is bringing a veteran automotive and aerospace industry executive on to its board of directors.   Alan Mulally was CEO of Ford (NYSE: F) from 2006 until just weeks ago. He was also a top executive at...

It appears to be a tale of two brands. While Chrysler sales have been doing very well lately, sales of its stable-mate Fiat (OTC: FIATY) have been struggling. Fiat completed its acquisition of Chrysler back in January – and earlier this month, Chrysler Group LLC reported its 51st...

First and foremost is the issue of safety. General Motors (NYSE: GM) must do everything it can do to ensure the safety of its vehicles. Also, they must live up to their responsibility to compensate customers or the families of customers that have been negatively impacted by the recall. The...

With the summer driving season rapidly approaching and growing demand reducing energy stockpiles, the price of crude oil has continued to surge higher.  As of Tuesday, the price of West Texas Intermediate Crude Oil was nearing the significant $105 mark, ahead of the Department of Energy...

General Motors (NYSE: GM) CEO Mary Barra called a new report on the company's deadly ignition switch controversy a painful experience that the automaker should never forget. The report was carried out by an independent investigator. At a global town hall meeting Thursday, Barra...

More signs appeared this week of the auto industry's bounce-back from the depths of the recession: the industry reported better-than-expected new car sales in the U.S. last month. The sale of 1.6 million vehicles, as well as strong sales figures for the growing alternative car market were...

Is the self-driving car project just announced by Google (NASDAQ: GOOG) (NASDAQ: GOOGL) a game-changer? On Tuesday, on its blog site, the internet giant unveiled its plans to build around 100 prototype versions of the fully self-driving vehicles. The company says the vehicles, which look a lot...