• Fri, December 13, 2024

by: CNBC

Best car insurance companies of December 2024

Insuring your car has never been more expensive: According to the Department of Labor's Consumer Price Index, average premiums for auto insurance jumped 16.5% between August 2023 and 2024. But ...

by: Detroit News

Howes: What GM's exit from robotaxi space says about limits in race for AV leadership

Cruise bolting robotaxis shows all sides are finding technical, financial and regulatory demands more difficult and expensive than anticipated.

by: The New York Times

Biden Administration Is Said to Allow California to Ban New Gas-Powered Cars

California and 11 other states want to halt the sale of new gas-powered cars by 2035. President-elect Donald Trump is expected to try to stop them.

by: The Verge

Trump is probably going to kill the crash reporting rule that made Tesla look bad

Donald Trump's transition team is taking aim at a Biden-era rule requiring automakers and tech companies to report crashes that involve fully or partially autonomous vehicles, according to Reuters. Scrapping the crash reporting rule would greatly benefit Tesla, which to date, has reported the most number of crashes.

by: news.bloomberglaw

California Auto Emissions Case Gets US Supreme Court Review

The US Supreme Court will hear a clash stemming from California's vehicle pollution limits, agreeing to decide whether companies that produce or sell biofuels have a legal right to sue over the regulations.

by: Seeking Alpha

Tesla Stock: Big Potential, Bigger Risks, And Better Alternatives

Tesla, Inc.'s innovation and market opportunities are promising, but its high valuation and challenges pose significant for long-term investors. Learn more on TSLA stock here.

by: Tennessean

GM proves that big moves are restructuring on the fly as uncertainty looms in 2025

On Dec. 4, an analyst asked Jacobson at the UBS Global Industrials and Transportation Conference in Florida if ... Kevin Mixer, senior director analyst for automotive manufacturing at Gartner, said GM's moves all signal that it's preparing for the ...

by: USA Today

Trump tariffs could intensify US trucking industry slump, experts say

The industry that moves everything Americans make and buy will be among the first to signal any unintended consequences of trade policies.
  • Sat, December 14, 2024

by: Reuters

Exclusive: Trump team wants to scrap car-crash reporting rule that Tesla opposes

Tesla is run by Elon Musk, contributor of more than $250 million to Trump's campaign and the head of his government efficiency department.

by: The Hill

Supreme Court takes up California clean cars case

Energy & Environment Energy & Environment   The Big Story Supreme Court may revive challenge to Calif. car rule The Supreme Court indicated Friday it will take up a
  • Tue, December 17, 2024

by: Yahoo

The Weekly Tender: Truckload market surging

As we approach the final days before Christmas, it's becoming evident that the truckload market has experienced a peak season stronger than those of the past two years. The post The Weekly Tender: Truckload market surging appeared first on.

by: U.S. News & World Report

Why Is Tech Giant SoftBank Investing Over $100 Billion in the US?

Royalties and licensing related to its holdings in the UK-based computer chip-designing company Arm, whose business spans smartphones, data centers, networking equipment, automotive ... affecting every industry, from transportation and pharmaceuticals ...

by: DriveSpark

Bharat Mobility Global Expo 2025 Participant Details: Luxury Car Makers To Startups

With a focus on both traditional and electric vehicles, the expo promises to offer a glimpse into the future of mobility in India. Among the heavyweight participants are Maruti Suzuki, Mahindra, Tata Motors, and Hyundai Motor, with luxury carmakers like Mercedes, BMW, and Porsche also confirming their attendance.

by: USA Today

Consumers shift to smaller, cheaper vehicles in 2024 as affordability reshapes auto market

Consumers have spoken this year, and the message to automakers has been clear: "Those with a strong, affordable portfolio probably had the best (sales) year this year," said Charlie Chesbrough, senior economist at Cox Automotive. In its final forecast for ...

by: kr-asia

Can newcomer Cavan Auto's zero-carbon vision disrupt the NEV market?

With sustainability and purpose-built platforms at its core, Cavan Auto aims to reshape the commercial vehicle landscape with a green ecosystem approach.

by: crainsgrandrapids

Auto suppliers seek shreds of certainty in 2025 amid policy, consumer disruptions

In a transitioning automotive industry beset with uncertainty caused by shifting policies and consumer preference, industry observers say suppliers could potentially see a longer runway for internal combustion parts.

by: AM-online

Select Car Leasing appoints Shane Pither to lead EV division

Select Car Leasing has revitalised its electric vehicle (EV) leasing division with the appointment of Shane Pither as head of Select Electric.

by: Detroit News

Why it's impossible to make a car without China, regardless of tariffs

Beyond China's global dominance in electric vehicle batteries, the auto industry relies on it for other key parts up and down the supply chain.

by: Arab Times

Alghanim Industries and BYD Unveil Landmark Showroom in Kuwait

Alghanim Industries, (Kutayba Alghanim Group), one of the largest privately-owned companies in the MENA region, celebrated the grand

by: Seeking Alpha

Tesla: Rapid Growth Is Priced In (Rating Downgrade)

Tesla's automotive business, despite growth, doesn't support the current market price; even optimistic scenarios value it below $250/share. Click for this TSLA stock update.

by: Forbes

Why GM Ditched Cruise Driverless: Software-Driven Cars Mean Big Bucks

Here's one reason why GM ditched Cruise robotaxis: carmakers will earn more than half of their revenue from software and digital services by 2035.

by: After Market News

AMN Year in Review: Top Manufacturing News of 2024

AAPEX 2024 may have come and gone, but there's still much to learn from the automotive aftermarket's busiest week. AAPEX offers a unique opportunity to connect with the industry's best and brightest, share a drink with colleagues at the welcome reception, and discuss where the aftermarket is headed.

by: Investopedia

Four Market Trends to Track if You're Thinking About Buying a Car in 2025

Market trends have lately been shifting in drivers' favor, according to Cox Automotive, a software firm serving the auto industry, and that momentum is expected to carry into next year.

by: Reuters

Fiat owner Stellantis launches upbeat plan to boost manufacturing in Italy

Fiat-maker Stellantis on Tuesday presented an upbeat plan to revitalise its output in Italy, aimed at drawing a line under months of fraught relations with the government, but with production only set to grow from 2026.

by: CCJ

5 ways AI-powered demand forecasting is changing the future of logistics

Discover how AI-powered solutions are transforming the vehicle logistics industry. Learn about the benefits of predictive analytics, real-time adjustments, and optimized inventory management.

by: The New York Times

Honda and Nissan Are in Talks to Deepen Ties and Possibly Merge

The automakers, Japan's second- and third-largest, are said to be discussing a tie-up that could reshape the country's industry.

by: Bridge Magazine

Report: Michigan mobility jobs grow as traditional auto employment falls

As transportation evolves, job growth needs to focus on the full range of mobility employment, a new report from MichAuto says.

by: WSYM-TV

R.E Olds Museum celebrates the 120th anniversary of REO Motor Car Company

At one point, REO Motor Car Company employed 10% of the Lansing population and today, the R.E. Olds Museum is recognizing the impact the company had on the auto industry and Lansing.

by: AM-online

Sytner Group's Bradford Audi dealership to close after 15 years

Sytner Group's Audi showroom on Canal Road, Bradford, has confirmed it has closed for business. A notice on the dealership's webpage reads "We regret to inform you that Bradford Audi has permanently closed. Please find our alternative dealerships below."

by: Forbes

U.S. Auto Industry At Risk Asserts Blunt Report From Exec Conference

The auto industry is at risk from an assortment of technical, political and philosophic challenges, asserts a "white paper" from a conference of top auto execs.

by: MSN

Employee of 2 weeks stabs president of Muskegon area business during meeting

The president of a Muskegon area business was stabbed by an employee Tuesday, Fruitport Police confirm. It happened at Andersen Express, an automotive supply manufacturer located at 3011B South Mill Iron Road in Muskegon,

by: Reuters

US specialty vehicle maker Shyft to merge with Switzerland-based Aebi Schmidt

Shyft Group and Switzerland-based Aebi Schmidt will merge in an all-stock deal, the companies said on Monday, sending the U.S. specialty vehicle maker's shares up 13%.

by: Reuters

Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.

by: MSN

Why is tech giant SoftBank investing over $100 billion in the U.S.?

Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years.

by: MSN

What's Next for Cars? 14 Innovations Coming In 2025 and Beyond

I remember when I first got a car with electric windows. What a game-changer! But now, that tech is exceedingly basic compared with emerging car features, like advanced driver assistance, AI maintenance,

by: Reuters

Focus: Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.
  • Sun, December 15, 2024

by: Reuters

Italy ready to work with Stellantis if jobs and plants are preserved, Meloni says

The Italian government is willing to work with Stellantis NV on the carmaker's future strategy provided it keeps jobs and factories in the country, Prime Minister Giorgia Meloni said on Sunday.

by: The New York Times

Automakers Thrived in the Pandemic. Many Are Now Struggling.

"The Chinese are winning market share and the Germans are losing," said Ferdinand Dudenhöffer, director of the Center for Automotive Research in Bochum, Germany. "It's not only the electric cars, it's the software in the cars." Changing ...
  • Mon, December 16, 2024

by: MarketWatch

These are the most 'American-made' cars, but 'a period of real instability' looms with tariff threats

The lead author of an annual study on domestic content says even cars at the top of the index would see prices rise under a tariff program.

by: Reuters

Exclusive: Trump transition team to roll back Biden EV, emissions policies

Incoming U.S. President Donald Trump's transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China,

by: Seeking Alpha

Aptiv: Uncertain Near-Term Production Landscape May Prompt Shares To Drift

Despite challenges in auto production, Aptiv PLC showed strong cost management and margin progress. Learn more about APTV stock here.

by: Vanguard

Shettima lauds Nigeria's electric car, CNG company

Vice President, Senator Kashim Shettima has lauded the management of Nigeria's electric car and Compressed Natural Gas manufacturing company, ROXETTES MOTORS, for its innovative approach to addressing Nigeria's transportation and energy challenges.

by: MSN

Auto Transport Industry Trends in a Trump Economy: An In-Depth Analysis

The auto transport industry is at a crossroads, shaped by the economic landscape under Trump's policies. As we dive into this complex narrative, it's essential to understand how changes in regulations and trade practices are impacting everyone from manufacturers to consumers.

by: AM-online

Automotive in 2025: Challenges remain but opportunities ripe for innovators

As the remarketing sector faces a period of profound transformation, the insights shared at the Vehicle Remarketing Association's Automotive Summit focussed on the need for agility, data-driven decision-making,

by: Woodworking Network

ISM finds economic improvement in 2025. Including wood products, furniture

Economic improvement in the United States will continue in 2025, say the nation's purchasing and supply management executives in the December 2024 ISM Supply Chain Planning Forecast, formerly known as the Semiannual Economic Forecast.

by: AM-online

Arnold Clark to partner with US sport brand Corvette

Arnold Clark is joining the first dealer groups in the UK to partner with Corvette with branches in Glasgow and Altrincham.

by: Reuters

Exclusive: Trump transition team plans sweeping rollback of Biden EV, emissions policies

Incoming U.S. President Donald Trump's transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China,

by: Reuters

Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Steered by Chairman John Elkann, Stellantis , owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners,

Best car insurance companies of December 2024

Insuring your car has never been more expensive: According to the Department of Labor's Consumer Price Index, average premiums for auto insurance jumped 16.5% between August 2023 and 2024. But ...
The article from CNBC Select outlines the best car insurance companies for 2023, highlighting their strengths in various categories such as customer satisfaction, coverage options, and cost. Geico is praised for its low rates and high customer satisfaction, offering a wide range of discounts. USAA excels in customer service, particularly for military members and their families, though it's not available to everyone. State Farm is noted for its extensive agent network and strong financial stability, providing personalized service. Progressive stands out for its innovative tools like the Name Your Price tool and its comprehensive coverage options. Erie Insurance offers competitive rates and high customer satisfaction, especially in the Midwest and East Coast regions, with unique features like rate lock. Travelers is recognized for its wide range of coverage options and discounts, particularly beneficial for those with multiple vehicles or homes. The article also provides tips on how to choose the right insurance, emphasizing the importance of comparing quotes, understanding coverage needs, and considering customer service and financial strength ratings.

Read the Full CNBC Article at:
https://www.cnbc.com/select/best-car-insurance-companies/

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Insuring your car has never been more expensive: According to the Department of Labor's Consumer Price Index, average premiums for auto insurance jumped 16.5% between August 2023 and 2024. But ...