ZF Is Ending 120 Years of Steering Production in Lafayette. The Engineers Get to Stick Around.
ZF's WARN notice counts 133 jobs at its Lafayette steering plant, down from about 200 a year earlier, while the…
Auto Industry
CarMax Now Makes $111 Less on Each Car and $116 More on Everything Sold With It
CarMax cut its per-car margin to revive sales, then earned it back on extended service plans and the shop while…
Your EV Accidentally Jams AM Radio. The House Just Voted to Make Automakers Keep It Anyway.
The House passed the AM Radio for Every Vehicle Act. The real target is the electrical noise EVs make, and…
Ford Brought Nothing to This Year’s Car of the Year Fight. It Was Busy Gutting a Factory.
Ford has no vehicle among NACTOY’s 25 semifinalists for 2027. The shutout says less about Ford’s health than about where…
This 130-Year-Old German Supplier Made Parts Every EV Still Needs. It Filed for Insolvency Anyway.
Prinz-Mayweg made seat, dashboard and steering tubes that electric cars still need. Its insolvency shows what is really squeezing German…
JLR’s Suppliers Want Out of Cars and Into Aerospace. The Hard Part Isn’t the Metal.
JLR's Midlands suppliers want help moving into aerospace and defence. Their letter is really a forecast about UK car volume,…
McLaren’s £500 Million Plan Isn’t Really About the SUV. It’s About Finally Building Its Own Engines.
For 15 years, an outside firm built McLaren's engines. The supercar maker's £500 million UK expansion brings that work in-house,…
CarMax Gave Up $230 a Car to Win Buyers Back. Headquarters Is Paying the Bill.
CarMax just cut 145 more corporate jobs. Its SEC filings suggest the real story is a pricing bet, and the…
Toyota Ate a $9 Billion Tariff Bill. Now the Fight Moves to the Showroom.
Toyota's filings show a 1.38 trillion-yen tariff hit and a North American loss despite rising sales. That is why the…
Hyundai Wants Guardrails Against Chinese Cars. Its Own History Says They Only Buy Time
Hyundai's CEO wants U.S. limits on Chinese automakers. The bigger news is his admission that Chinese car tech is ahead,…
Volkswagen Has Marked Down Porsche by €9 Billion in a Year. The 1% Forecast Is Just the Receipt.
Volkswagen’s 1 percent profit forecast is really about a €6 billion Porsche goodwill write-down, its second in a year, and…
Walser Brings Ford Back After 20 Years. Ford Had Less Say in It Than You’d Think
Walser's largest acquisition returns Ford to its lineup after 20 years. The bigger story is how little control Ford had…
The Service Bay Pays Your Dealer’s Bills. AutoNation Just Warned It’s Slowing Down.
AutoNation's stock fell 10.5% after a cautious investor talk. The real story is the service bay that earns half of…
Capital Automotive Just Bought Back 49 Dealership Lots. Here’s Who Actually Owns the Ground Under Your Local Dealer.
Drive past a dealership and it’s natural to assume the name on the sign owns...
Hansae Mobility Is Dropping $93 Million in Chesterfield. Michigan’s Measly $625,000 Grant Has Nothing to Do With It.
Hansae Mobility's $93.2 million move to Chesterfield Township isn't chasing a $625,000 state grant. It's beating an auto-parts tariff offset…