Tag: Detroit automakers
Trump proposes tax breaks for U.S.-made car purchases as election nears
During a rally on Oct. 22 in Greensboro, North Carolina, Donald Trump highlighted his proposal to offer tax breaks for purchasing vehicles, but only...
BofA analyst urges Detroit automakers to exit Chinese market
The traditional Detroit automakers – General Motors, Ford, and Stellantis – should exit the Chinese market "as soon as they possibly can," according to...
Biden pumps the brakes on Chinese-produced cars citing security risks
On February 29, President Biden took action to prevent Chinese vehicles with internet access—including electric vehicles—from being sold in the United States. He confirmed...
Ford’s unexpected UAW strike raises stakes for GM, Stellantis
As contract negotiations continue, pressure is mounting on Stellantis and General Motors following the United Auto Workers strike at Ford's biggest and most profitable...
New labor agreement with Ford gets approved by Canadian autoworkers
On September 24, Ford and its Canadian autoworkers approved a new labor contract, preventing a strike that had been threatened and possibly setting the...
Cadillac Lyriq buyers offered $5,500 discount if they sign an NDA...
Cadillac is now offering $5,500 discounts to a small group of Lyriq buyers, who are ready to sign an NDA and permit Cadillac to...
GM debuts 2024 Chevrolet Blazer EV lineup to rival Tesla and...
General Motors has unveiled its newest model, the Chevrolet Blazer EV. The new Blazer is expected to be in direct competition with Tesla's Model Y and Ford's Mustang Mach-E....
Ford announces new F-150 Raptor R with a 700 HP V-8...
Ford Motor Company is making significant moves to win a larger share of the EV market. However, the automaker has not lost sight of...
Edmunds exec. Jessica Caldwell discusses end-of-year sales for 2021
Consumers are coming back into the showroom or looking through your inventory online this holiday season. So as we wrap up the year, we...