The global car rental giant has stuck with its entrepreneurial business model since 2007.
Source: autorentalnews.com
UAW strike lost Ford 100,000 sales and cost $1.7 billion in lost profits
DETROIT — A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year, the automaker said Thursday. Additional labor costs from the four-year and eight-month agreement will total $8.8 billion by the end of the contract, translating to about $900 per vehicle by 2028, Chief Financial Officer John Lawler said in a … [Read More...]
MG Motor India Tops 2023 India JD Power CSI Study for Third Consecutive Year
DELHI: 30 Nov. 2023 — High implementation of service advisor actions during pre-service assists original equipment manufacturer (OEM) workshops in a multi-faceted manner, according to the J.D. Power 2023 India Customer Service Index (CSI) Study,SM released today. After a hiatus since 2021, J.D. Power has re-launched the India Customer Service Index Study in collaboration with … [Read More...]
Alleged Cadillac Celestiq key fob looks like any other Cadillac key fob
The image above is the key fob for a 2023 Cadillac Escalade. GM Authority has images of what it says is a key fob for the Cadillac Celestiq, the hand-assembled battery-electric sedan Cadillac says "Establishes a new standard of automotive luxury" that starts at $340,000. The Celestiq key fob looks just like Escalade fob above, with two changes: there's a seventh button on the front, and a … [Read More...]
Ford says UAW strike cut profits by $1.7B; new contract to cost $8.8B
Ford said the UAW's new contract would increase labor costs by $8.8 billion, or an average of $900 per vehicle in 2028. Source: autonews.com … [Read More...]
6 New Subaru Models Are Coming In 2024
Subaru has new models coming in 2024, and there is something new for every type of buyer. Subaru has new SUVs, a new hybrid, and sports cars coming next year. Here is the list. See if you may be interested in one of them. 2025 Subaru Forester The remodeled sixth-generation 2025 Subaru Forester compact SUV is coming in the spring 2024. I covered the new Forester reveal when it made its … [Read More...]
Tesla Cybertruck deliveries to begin shortly: What the EV may mean for Elon Musk, world's richest person?
Tesla Cybertruck is the world's most-awaited electric vehicle (EV) and its unveil to delivery timeline has stretched almost four years. That's quite a wait for an EV that's often described to be as unconventional as the CEO of the company behind it. Whether one is in awe or extremely critical, it is generally agreed by all that both Cybertruck and Elon Musk have a lot to prove, achieve and … [Read More...]
UAW organizing Tesla would mean 'we failed in some way,' Musk says
The EV maker enables line workers to become managers and even millionaires, Musk said. A union would get in the way. "If Tesla gets unionized, it will be because we deserve it and we failed in some way," he said. Source: autonews.com … [Read More...]
UAW organizing Tesla would mean 'we failed in some way,' Musk says
The EV maker enables line workers to become managers and even millionaires, Musk said. A union would get in the way. "If Tesla gets unionized, it will be because we deserve it and we failed in some way," he said. Source: autonews.com … [Read More...]
Our Next Energy develops EV battery with 608-mile range for BMW iX
Most EVs can drive 200 to 300 miles on a full charge, according to J.D. Power. Source: autonews.com … [Read More...]
Subaru Tops The List Of All Cars With The Most Speeding Tickets With 3 Models
Subaru is known for its sports cars, and they are getting a reputation as the automaker with a dark side that I wrote about recently. A new study from Insurify Insights reveals the ten car models with the most speeding tickets. Subaru is the automaker with the most models on the list. Subaru now has three models with the most speeding traffic citations.I cover the models with the most speeding … [Read More...]