SoftBank’s Investment in GM Self-Driving Car Another Setback for Ford CEO Hackett
SoftBank could have picked Ford as its American partner. It will never be clear to the public why this was not the case.
Cars and Drivers
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US Consumers Borrowing at Record Pace to Purchase Vehicles
U.S. consumers paid more for both new and used vehicles in the first quarter of 2018, and they borrowed at record levels to pay for those new cars, trucks and SUVs.
GM Cruise Lands a Multibillion Investment From SoftBank
GM shares saw a solid gain on Thursday after it was announced that SoftBank Vision Fund would be making a sizable investment in the GM Cruise.
Trump May Ban German Luxury Car Imports
If the White House sets large tariffs on German luxury cars, that would be a huge blow to companies like BMW and Mercedes.
Tesla Finds Itself Faced With Another Autopilot Crash
Tesla now faces even more problems with its AI ambitions after it was reported that one of its Model S vehicles had crashed into a police car while in Autopilot mode.
Why Nissan Is Slashing North American Production
Japanese business newspaper Nikkei reported Monday that Nissan is cutting production at its North American plants by 20% and shifting sales focus from market share to profits.
Car Sales Expected to Rise in May, but Ford’s to Crater
The overall auto industry will be healthy in May, with the exception of Ford, according to the latest forecast from Cox Automotive.
Sticking Cruise Control Forces Recall of 4.8 Million Chrysler Vehicles
Fiat Chrysler will recall 4.8 million Dodge, Chrysler, Jeep, and Ram vehicles to inspect and repair a software condition that could fail properly to disengage the cruise control.
Foreign Car Tariffs Could Lift Detroit
The White House may do what U.S. automobile makers have been unable to do. That is to reverse their eroding market share.
US Automakers Offer Few ‘Cool’ Cheap Cars — for Now
U.S. automakers are not well represented on Kelley Blue Book’s latest list of the 10 coolest cars under $20,000 for 2018. Will that change?
10 Vehicles With the Highest (and Lowest) Recall Rates
Auto research firm iSeeCars.com has compiled a list of the 10 vehicles with the worst (and best) recall records for the past five model years. Some of the results may surprise you.
Americans Now More Scared of Self-Driving Cars
U.S. drivers' fears of fully autonomous (self-driving) vehicles has risen in the past several months according to a new survey by AAA.
China to Cut Some Auto Tariffs From 25% to 15%
China's reportedly is set to cut tariffs for some vehicles and car parts. But how much will this help America's largest car companies?
Why Consumer Reports Is Not Recommending Tesla’s Model 3
Consumer Reports recently reviewed the Tesla Model 3, and although the car offered some incredible features, there were also some glaring flaws.
A New Model Will Not Help Tesla
Elon Musk said in a series of tweets that Tesla will launch a new, powerful and feature-packed version of its new Model 3. Will the announcement cool down upset investors?