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Automobile
Average age of cars rises for fifth straight year
The research shows the average age of vehicles has been increasing since 2011, highlighting a trend in popularity of older and higher-mileage vehicles. Data from a Cox Automotive analysis shows that the sale of high-mileage vehicles…
Mercedes to cut European dealerships, move to direct sales in global distribution overhaul
Mercedes' high-end brands will have their own dedicated outlets, with a Maybach store in Shanghai, an AMG outlet in Dubai and a G-Class "experience" in Austria that offers off-road test drives.
"We have grown the network for our luxury…
Stellantis’ course change not a total victory for suppliers
While the North America changes have been undone, Stellantis is keeping its revamped global terms and conditions in place. Some suppliers might still demand the company eliminate some aspects they find unfavorable, said Jonathan…
Japan automakers boost R&D spending, even as profits slow
Nissan Motor Co., now the third-biggest Japanese player behind Honda, is budgeting a record $4.51 billion for R&D as it rushes to update and electrify its lineup. The spending equates to around $1,123 per vehicle.
Of course, this…
Stellantis ranks even lower among supplier base
In recent months, Stellantis indicated that it expected its supply base to shoulder more of the R&D cost of making the automaker competitive in EVs. And this year, it informed its suppliers that the company was adopting new terms…
Not riding with you!
U.S. traffic deaths jumped 10.5 percent in 2021 to 42,915 -- the highest number killed on American roads in a single-year since 2005.
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The latest numbers on the automotive microchip shortage
After a reprieve the previous week, North American factories removed about 87,500 vehicles from their production schedules because of the microchip shortage, according to the latest weekly estimate by AutoForecast Solutions. Europe was…
Tesla widened its luxury lead in Q1
In the first quarter, electric car maker Tesla Inc. stretched its lead in U.S. luxury new-vehicle registrations, outrunning last year's segment leader, BMW, by 33,400 vehicles.
Tesla's registrations surged 59 percent from a year earlier…
A lightweight look for springs
Rheinmetall has received an order for its new patented, glass-fiber-reinforced plastic suspension springs from an unidentified premium automaker.The German supplier has been developing the lightweight concept in secrecy until now.…
Pump price incrases fuel growing EV interest
Record-high gasoline prices are good for someone: makers of electric vehicles.
Almost half of U.S. adults say they're likely to buy an electric car or light truck as their next personal vehicle, an inclination that rises to more than…