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Joseph Szczesny

Auto Industry Remains Central to Presidential Race

Auto Industry Remains Central to Presidential Race

As the 2024 Presidential campaign moves into higher gear, the U.S. auto industry is once again at the center of the nation’s political conversation. There are numerous places where candidates Kamala Harris and Donald Trump conflict. But they suddenly seem to agree on one key issue – sort of – EVs.

Hackers Hijack June Sales, Automakers Report Mixed Sales Picture

Hackers Hijack June Sales, Automakers Report Mixed Sales Picture

Hackers blurred the sales picture for June. But it appears that overall demand was less than stellar, major brands like GM, Toyota and Hyundai reporting modest declines for the second quarter overall. That said, EV sales were stronger than anticipated — with one key exception.

Flexibility is Key, Stellantis CEO Tavares Tells Investors – Though “Arrogance” Almost Knocked it Down

Flexibility is Key, Stellantis CEO Tavares Tells Investors – Though “Arrogance” Almost Knocked it Down

Stellantis faces challenges and has lost ground in the U.S. CEO Carlos Tavares acknowledged during Thursday’s “Investors Day” conference, putting some of the blame on his own shoulders.  But the carmaker’s flexible strategy and new products offer hope for the future and protect the company’s profitability, he promised analysts and shareholders.

Japanese Automakers Post Strong April Sales Numbers, Korean Automakers See Sales Dip

Japanese Automakers Post Strong April Sales Numbers, Korean Automakers See Sales Dip

The expanding popularity of electrified vehicles, particularly hybrids, continues to help boost sales of new vehicles amid growing signs consumers are switching to smaller, more affordable vehicles in the face of rising prices and the highest interest rates in nearly a quarter of a century.