Honda and Kia are on the road to recovery, Subaru could be doing better, sales in China remain good, city folks are buying their first cars, and more in The Morning Shift for Tuesdsay, August 4, 2020.Read more… Continue Reading at https://jalopnik.com
I know the world is in a pretty weird place right now, and I suppose it says something about the human mind’s weird self-destructive gluttony for disaster that makes one even think in these terms, but what if shit got weirder? And, by weirder, I mean even worse, economically, politically, whatever, to the point where…Read […]
I know the world is in a pretty weird place right now, and I suppose it says something about the human mind’s weird self-destructive gluttony for disaster that makes one even think in these terms, but what if shit got weirder? And, by weirder, I mean even worse, economically, politically, whatever, to the point where…Read […]
Second-quarter results for automakers have ranged from the good, to the bad, to the ugly as companies navigate the coronavirus pandemic. Ford’s, meanwhile, might be best characterized as the weird. Read more… Continue Reading at https://jalopnik.com
Tesla, more than ever, is a Rorschach test, a company that drives some people absolutely mad at its very mention, a company that some people have been bored with for years, a company that some people would sacrifice a limb for. Maybe the only interesting thing about it is that it keeps persisting. Read more… […]
Tesla, more than ever, is a Rorschach test, a company that drives some people absolutely mad at its very mention, a company that some people have been bored with for years, a company that some people would sacrifice a limb for. Maybe the only interesting thing about it is that it keeps persisting. Read more… […]
The vile, troublesome, wicked, loathsome Chevrolet Silverado has been having a hard time, such that it only just scraped past the Ram in sales this quarter. But the two of them may have an even greater problem looming, and I’m not talking about the Ford F-150. All that and more in The Morning Shift for […]
Last week, the auto industry was cautiously optimistic that new car sales in June might rebound, at least compared to April and May. But no one was terribly optimistic about the second quarter as a whole. Today, the numbers came in, and, to varying degrees, they are across the board terrible.Read more… Continue Reading at […]
Tesla turned a profit of $16 million in the first quarter of 2020, which was surprising insofar as the pandemic had just begun to ramp up and Tesla had never had been profitable three consecutive quarters. Most expect that streak to end this quarter, but CEO Elon Musk isn’t so sure.Read more… Continue Reading at […]
Aston Martin, which has pretty much bet the farm on the new DBX, has all of the telltale signs of a company that is currently in a slow-moving crisis. It replaced its CEO, shifted its sales strategy, and, like the rest of us, prayed for the end of coronavirus. Now, it’s raising millions in expensive […]
People are flying less so cobalt is getting cheaper, California is imposing a strict zero-emissions mandate on heavy-duty trucks, and Amazon is reportedly investing in an autonomous car company. All that and more in The Morning Shift for June 26, 2020.Read more… Continue Reading at https://jalopnik.com
The auto industry thinks things … might be getting better soon, the Fiat Chrysler-Peugeot merger is moving along, and Tesla. All that and more in The Morning Shift for June 25, 2020.Read more… Continue Reading at https://jalopnik.com
Mitsubishi sales in the U.S. actually rose last year by 2.5 percent compared to 2019, with 121,046 cars sold, the bump largely driven by Eclipse Cross sales more than doubling. Still, that’s less than the number of Chevy Malibus that sold last year. Mitsu is now beginning to think this whole U.S. thing may not […]
No one factors in a global pandemic when looking to buy a car. Why would you? That would be like worrying if your new Subaru could make it to high ground when the supervolcano under Yosemite blows. But it happened, and record high monthly payments meeting an ensuing economic collapse could have harsh repercussions…Read more… […]
No one factors in a global pandemic when looking to buy a car. Why would you? That would be like worrying if your new Subaru could make it to high ground when the supervolcano under Yosemite blows. But it happened, and record high monthly payments meeting an ensuing economic collapse could have harsh repercussions…Read more… […]
Car sales are up for Volvo, car sales are up in the U.S., and Renault is finally getting a big loan. All that and more in The Morning Shift for June 3, 2020.Read more… Continue Reading at https://jalopnik.com
After weeks of hardship due to decimated demand, the car rental giant Hertz filed for Chapter 11 Bankruptcy late Friday night. Hertz has been struggling to keep its head above water since the Covid-19 crisis began, and it seems the company has held out for as long as it could. Its fleets of used cars […]
An Acura Legend that was stolen from a dealership lot brand-new in 1991 before resurfacing in 2011 with only 7,000 miles on the odometer is for sale. The car’s changed hands a few times since resurfacing, and 57,650 miles are now on the odometer, but it still looks pretty clean. Read more… Continue Reading at […]
Things are getting weird when, for the first time ever, trucks are now outselling passenger cars in the U.S. This isn’t so much about trucks all of a sudden becoming super popular in a Mad Max kind of way, but more that passenger car sales have fallen off a cliff.Read more… Continue Reading at https://jalopnik.com
Everyone is ready for a redemption narrative about car sales, the economy, and coronavirus. But these stories are far from universal. Also, FCA announced that it lost a whopping $1.84 billion in the first quarter. All that and more in The Morning Shift for May 5, 2020.Read more… Continue Reading at https://jalopnik.com
