Ford Motor Company is increasing production while facing a mixed sales picture across its major vehicle segments. August results showed overall declines in some tracking periods, while trucks, SUVs, hybrids, and selected passenger vehicles continued to find strong demand. The phase-out of the Escape and changing performance across Ford’s lineup have also influenced the company’s […]
10 Classic Cars Turn 50 in 2025: Which Ones Still Look Shockingly Modern?
In the mid-1970s, car manufacturers throughout the world faced some tough times as the automotive industry was trying to overcome a big oil embargo situation. Due to a threefold increase in the cost of crude oil, people around the world lost interest in fuel-guzzling automobiles. In spite of all those economic problems, 1975 managed to […]
Strike Averted? GM & Unifor Strike Tentative Deal For Canadian Auto Workers
Following 12 days of negotiation, Unifor and General Motors have reached tentative labor agreements with over 4,600 unionized auto workers in Ontario, as a potential roadmap forward. On August 10th negotiations started and ended with the tentative agreements of August 22nd. The agreement is a significant milestone for the workers at a number of major […]
Decoding the 3000 Rule: How to Decide Between Keeping Your Car or Trading In
When the mechanic provides you with a large estimate on the repair, it can make any car owner pause and reconsider their budget. When considering if an older car needs repair or if it should be replaced with a newer model, it is important to have a realistic method to compare the costs. That’s where […]
Rivian’s CFO Is Leaving During Its R2 Expansion. What Does It Mean for the EV Maker?
Big change in management structure, however, Chief Financial Officer Claire McDonough will retire from the position by the end of the month. This means that McDonough is moving to greener pastures, and it’s exciting to know that as the new CFO at GE Vernova Inc., a Massachusetts-based energy equipment manufacturer, she’ll continue to work within […]
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 […]
9 Unexpected Costs to Consider Before Buying an Electric Car
The emergence of electric vehicles (EVs) is not only a technological phenomenon but also the future of the transport sector, energy and the world economy. The fast movement towards EVs is changing the way we perceive driving, the consumption of fuel and even the independence of a country in terms of energy. As millions of […]
25% Auto Tariffs Could Raise Car Prices Across the U.S. Market
The current transformation occurring within the auto industry is one of significant economic consequence driven by: trade policy, globalization of supply chains, increasing production costs, and evolving consumer preferences. Indeed, a U.S.-produced car could very well be built of a transmission, engines, batteries, electronics, metals and other parts produced in a number of countries; tariffs […]
8 Essential Legal Rights and Practical Steps When a Garage Damages Your Car
Entrusting a car with the repair shop or a dealership typically comes with a deep level of trust-you normally assume employees will do what they were authorized to do, will conduct tests necessary to diagnose a problem with a vehicle and nothing else, and will preserve its condition while in the garage’s care. Major disagreements […]
Understanding Rising Auto Loan Delinquency Rates and Solutions for Lenders and Borrowers
Auto loans represent a cornerstone of household independence, giving millions of Americans access to employment, family responsibilities, and everyday necessities. Yet the financial pressure surrounding vehicle ownership has intensified considerably. The serious delinquency rate for auto loans, defined as balances 90 or more days past due, reached 5.6% in the first quarter of 2026, according to the […]