Why are car sales still strong, even with high prices and interest rates?

Jul 23, 2024
The vehicle industry is surprisingly resilient this year. Many people have been waiting for lower costs but can't hold out any longer.
When interest rates are high, people might wait to get a new car. But they might give in if rates stay high and the repair costs start to add up.
Scott Olson/Getty Images

Farewell, Chevy Malibu

May 31, 2024
GM will discontinue the once-popular mid-price family sedan in late 2024, to make way for more EV production at its plant in Kansas City.
A 1965 Chevy Malibu convertible, the Malibu’s second model year, being driven in a St. Patrick’s Day Parade in Seaside Heights, New Jersey.
Courtesy of Vintage Automobile Museum of New Jersey

How recalls can affect a company's bottom line — and future sales

Feb 28, 2024
A recent Toyota recall affects more than 280,000 vehicles. But not all recalls are created equal in terms of how they color a company's brand and long-term customer loyalty.
More than 280,000 Toyota SUVs and pickup trucks were recalled over a software issue. But care recalls are actually pretty common.

GM's bet on Cruise autonomous vehicles sees major roadblocks

After a traffic block and accident in San Francisco, California suspended operations of Cruise robotaxis. Now, parent company GM is scaling back.
A Cruise vehicle drives through an intersection in San Francisco on June 8.
Justin Sullivan/Getty Images

The UAW strike is also about EVs and the future of auto industry jobs

So far, the UAW is holding a limited strike at three plants across three states.
Members of the UAW began striking last night at a select few factories and plants across the Midwest.
Bill Pugliano/Getty Images

Sales of fully electric vehicles nearly doubled in 2022. Which carmakers came out on top?

Jan 6, 2023
EVs account for about 5% of car purchases, according to automotive website Edmunds. Rivals to Tesla are making inroads.
Tesla still holds an estimated 60% of the EV market, but its share has been declining.
Brandon Bell/Getty Images

Auto industry's transition to electric is changing its approach to staffing

Nov 1, 2022
Analysts say rightsizing is part of a bigger shift playing out in the auto industry.
Ford decided to offer "underperforming" white-collar workers the option of undergoing a special review process or leaving with severance.
Scott Olson/Getty Images

For public good, not for profit.

Most U.S. automakers in China are having a tough time

Jan 7, 2020
Mass market models have suffered most.
Bill Pugliano/Getty Images

Tesla's Cybertruck tries to make a dent in a tough market

Nov 28, 2019
Detroit dominates U.S. pickup truck sales. Traditionally it's been hard for newcomers to break in.
Tesla CEO Elon Musk unveils the all-electric battery-powered Tesla Cybertruck.
Frederic J. Brown/AFP via Getty Images

Jobs report preview: Behold, the GM effect

Oct 31, 2019
Don't expect much from the Labor Department's monthly numbers, analysts say.
Members of United Auto Workers picket outside of General Motors Detroit-Hamtramck Assembly during the strike on Oct. 16.
Jeff Kowalsky/AFP via Getty Images