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Articles

GM confirms plans to build new EV, invest $300 million in Michigan plant

3/22/2019 REUTERS

General Motors Co ( GM ) confirmed on Friday it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle.

Mazda and Toyota Establish Joint-Venture Company "Mazda Toyota Manufacturing, U.S.A., Inc."

3/9/2018 Mazda North American Operations

Mazda Motor Corporation and Toyota Motor Corporation have established their new joint-venture company "Mazda Toyota Manufacturing, U.S.A., Inc." (MTMUS) that will produce vehicles in Huntsville, Alabama starting in 2021.

The World's First Flying Car Production Model Comes to Life

1/31/2018 PAL-V International BV

The world's first flying car production model comes to life. On the 6th & 7th of March (press only) and between the 8th and 18th of March (public days) at the Geneva Motor Show.

Used Car Brands Borrowers are Stretching the Most to Buy

1/22/2018 LendingTree

A LendingTree study looks at monthly car payment as a percent of monthly income to determine which car brands consumers stretch their finances most to afford.

Toyota Production in North America Has Reached 32 Million

1/16/2018 Toyota Motor North America

Toyota's total vehicle production in North America since 1986 has reached nearly 32 million. Key drivers of this year's production include low fuel prices, continued stability in the overall economy and strong customer demand for trucks and SUVs.

Average New-Car Down Payment Hits Near-Record High

6/2/2017 Edmunds

As interest rates climb and consumers stretch to afford increasingly expensive cars, buyers are showing signs of practicality by digging deep to put more money down up front.