In nearly every market at some point in 2008, vehicle manufacturers faced a similar problem: a dearth of buyers either holding tight to their cash as a hedge against possible job loss or unable to obtain loans from banks fearful of collapse....More
The GM-CAW pact was the first domino to fall in a game with no winners. And as sales spiraled downward, culminating in a 21.2% fourth-quarter plunge, auto makers shredded their production plans....More
We call out vehicles with problematic fit-and-finish, materials, ergonomics or unfortunate design choices. Each of these items resulted in points deducted as WardsAuto editors selected the 2016 Wards 10 Best Interiors.
The Australian Competition and Consumer Commission says a proposed 20% cap on dealer sales of add-on insurance products more likely would transfer wealth from dealerships to insurers than reduce prices for consumers....More