Cars

Car sales in the U.S. are down, compared to last year, for the fourth straight month. That’s largely across the board. Ford, GM, Fiat-Chrysler and Toyota all reported lower sales. That means the bonanza that the auto industry has been enjoying for the past several years may be cooling off. That means dealership lots are […]

General Motors has announced record earnings of $12.5 billion last year. The company’s 52,000 hourly workers will take home profit-sharing checks of as much as $12,000. It’s an impressive feat, considering where the company was less than a decade ago. But the car company is not resting on its laurels.

Fiat Chrysler has announced it’ll invest about $1 billion to improve two of its plants in the U.S. It’ll bring 2,000 jobs as well. This comes after news of other automakers changing their operating plans , like Ford canceling a factory in Mexico and investing in a Michigan plant. Of course, hanging over all of […]

The 2017 Detroit car show kicks off today. Last year, President Barack Obama attended, a symbolic moment for a president who had fully backed the bailout of the auto industry. That image stands in sharp contrast to the incoming president-elect. Donald Trump has frequently criticized the auto industry for its offshore manufacturing operations. So, how […]