How much does an average UAW autoworker make—and how much do Big Three CEOs get paid? When their existing labor contract expired at midnight Thursday, United Auto Workers began astrike against Detroit's Big Threeautomakers after being unable to navigate a major speed bump in what have been c...
Global automakers are racing to develop recovery plans. Daimler AG is working on a strategy to push sales during the remainder of the year to make up for lost volume in China. BMW said its China sales have taken a hit because of the coronavirus, but the company stu...
U.S. automakers provide a striking example of the many companies that outperformed their peers during the Great Depression—and beyond.
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Rich ParkinReid Wilk
change. As an example, take front-facing seats; they could become an option, not a requirement. Automakers that see the changes coming—such as how the big profits are secureddownstreamby car servicers, insurers, and more—are focusing on services as much as on what and how they ...
Do they still make cars with manual transmissions? Yes. But as of late 2023, less than 2 percent of new vehicles were produced with manual transmissions, according to the EPA. Is a manual transmission better? Automakers say that automatic transmissions are simply better in every way, especiall...
Hall said. “On a race car, you’re trying to optimize downforce while not adding too much drag. On the bike, you’re basically doing the same thing. You’re really trying to reduce the side force and the disturbance on the rider while at the same time not increasing drag too much....
This industry ecosystem spans auto insurers, collision repairers, parts suppliers, automakers, lenders, tow, and healthcare providers in the event of an injury resulting from a crash. This technology-enabled ecosystem has made it possible for the auto insurance and repair industries to put ...
Toyota generates most of its revenue from its automotive business, which can be further divided into separate subsegments based on brand and geographic focus. The company also earns revenue from its financial services branch and through a third, much smaller wing that focuses on various business end...