Category: Business

Business US News

Toyota Is Closing In on GM in the U.S. Auto Market, Putting the Sales Race Under Pressure

The historic face-off between General Motors and Toyota Motor Corp has hit an exhilarating new chapter in the US auto industry’s supremacy battles. For years, Detroit stalwart General Motors reigned uncontested at the top of American auto sales in terms of total vehicles. But new industry data through the third quarter of 2026 shows Toyota […]

Business US News

Ford Shifts Its EV Strategy : Are Affordable Pickups and Range-Extended Hybrids the Way Forward?

Ford is in the midst of a major pivot in its electrification strategy. The American automaker is shifting away from a single-minded obsession with costlier battery trucks and a desire to outmarket competitors on new EV models and instead stressing the importance of a diversified mix of lower-priced EVs, range-extended EVs and hybrid models. That […]

Money US News

California Moves to Eliminate Marital Status from Auto Insurance Rates

Auto insurance rates throughout California have soared in recent years, forcing millions of drivers throughout the state to look for tangible relief from their premiums. California Insurance Commissioner Ricardo Lara has now taken a major regulatory action that could change the way insurance carriers price coverage for single drivers statewide. Lara submitted a proposed regulatory […]

Business World News

Could Your Car Dealer Really Sell Robots? Hyundai’s Plans Raise Big Questions

Hyundai Motor Group is attempting to blaze a new trail for commercial robotics, namely, to sell humanoid robots and robotic dogs out of car dealerships. President and CEO José Muñoz outlined the vision at its 2026 CEO Investor Day, which is built upon the acquisition of Boston Dynamics in 2021. By teaming up Boston Dynamic’s […]

Money

Analyzing the Financial Engines and Revenue Streams Driving American Car Dealership Profitability

The U.S. auto market comprises thousands of independent car dealerships that have traditionally been an important segment of America’s auto economy, with vehicle sales, finance and insurance, service and maintenance, repairs and parts all blending into a business with separate sources of income. State franchise regulations may provide entrenched dealers with substantial market protections, and […]

Business World News

German Automotive Workers Stage Mass Protests Across Nation Over Proposed Factory Cuts

Tens of thousands of automotive workers from across Germany have protested in demonstrations across the country as its car industry undergoes profound structural changes. Workers from Volkswagen, Mercedes-Benz, BMW, Audi, Porsche and their suppliers assembled in all the key industrial regions. IG Metall estimates that about 175,000 to almost 180,000 workers have demonstrated at more […]

Money World News

Volkswagen Cuts 2026 Profit Guidance Following Porsche Impairment and Market Challenges

Volkswagen has significantly revised its financial expectations for 2026 as restructuring costs, weaker international demand and changing automotive market conditions put pressure on profitability. The company now expects its full-year operating return on sales to reach a maximum of 1%, compared with its previous guidance of 4% to 5.5%. Although the underlying operating return is […]

Money US News

Ford Invests $1 Billion to Build Modern Paint Shop in Kentucky

Ford invests $1B to build new paint shop at Kentucky Truck Plant Ford Motor Company has announced a $1 billion investment to develop a new paint shop for east Louisville’s Kentucky Truck Plant. The sizable capital investment will replace the current paint shop and modernize the automaker’s largest and most profitable production plant in the […]

Money US News

Navigating Rising Vehicle Costs and Smart Financial Strategies for American Drivers

In the current personal finance environment, understanding the daily realities of what household budgets can withstand is dependent upon what we learn about the transportation costs of American drivers. Vehicle ownership and operation, as well as fuel costs, are fraught with nuance in today’s fast changing economy. And official tracking resources can reveal those details. […]

Money US News

Inside Joby Aviation’s Electric Air Taxi and Its Path to Commercial Flight

Joby Aviation is developing a new approach to urban transportation with its all-electric air taxi, designed to connect city centres with airports more efficiently. The aircraft combines vertical take-off and landing capabilities with fast, wing-borne flight for longer journeys. This design could help passengers avoid congested roads and reduce travel times across busy urban areas. […]

Back To Top