Category Archives for Around the Industry

Car buyers balk at paying more after years of prices going up

Shoppers are downsizing, buying used vehicles, taking on longer car loans and holding out for deals For years it has seemed no sticker price was too high for American car buyers. Even as average new car prices approached $50,000 this year, dealers fretted more over depleted inventories than losing customers to sticker shock. Those days […]

Senate committee to challenge auto-safety mandates that hurt ‘affordability’

Republicans question value of automatic braking, rear-seat reminders Lawmakers will take aim at vehicle-safety mandates in a coming Senate hearing, targeting some auto-industry regulations once considered too sacrosanct to attack.  Senate Republicans in January plan to criticize requirements for safety technology, such as automatic emergency braking and alarms to remind drivers that a child is […]

Auto software recalls approach record for sixth straight year

For possibly a record sixth straight year, the number of software recalls will rise past last year’s record for futility. So far in 2025, 166 recalls have affected a variety of automakers. Looking at 2024-2025 together, Tesla has affected the most vehicles (5,777,605), Ford has the greatest number of recall actions (73), and Stellantis suffers […]

An auto Holy Grail: Motors that don’t rely on Chinese rare earths

Weary of being captive to geopolitics, car companies are looking for ways to replace powerful rare-earth magnets in electric motors. Stunned by frequent shortages of essential materials from China, automakers in the United States and Europe are quietly trying to reduce or eliminate the need for materials that have become entangled in superpower rivalries. The […]

Why car insurers are under pressure to cut rates

What’s worse for car insurers: a trade war or a price war? Consumers might like the answer, but investors probably won’t. Back in February, insurance groups began warning that stiff import levies could drive up the cost of car parts and repairs. That, in turn, would hit insurer underwriting profit margins, at least until they got regulatory […]

Auto shows drive car sales, new data shows

A new study challenges the notion that auto shows are relics of the past, indicating that in-person vehicle events drive purchase decisions and brand engagement in an increasingly digital market. According to the report by Clarify Group, visitors to North America’s three largest events in Toronto, New York and Los Angeles are nearly three times […]

How China took over the world’s rare-earths industry

Beijing used bare-knuckle tactics in multidecade effort to consolidate control over supplies When China tightened restrictions on rare-earth exports this month, stunning the White House, it was the latest reminder of Beijing’s control over an industry vital to the world economy. Its dominance was decades in the making. Since the 1990s, China has used aggressive tactics to […]

The rest of the world is following America’s retreat on EVs

Canada, U.K. and European Union back off electric-vehicle targets as economic reality sets in and even China shows cracks The U.S. retreat from its electric-vehicle ambitions is spreading around the globe. In Canada, Prime Minister Mark Carney paused an electric-vehicle sales mandate that was set to take effect next year. In the U.K., Prime Minister Keir Starmer has allowed […]

Americans are falling behind on their car payments

Delinquency rates on subprime auto loans are at records One of the cylinders in the U.S. economic engine is causing some sputtering.  Since the pandemic, buyers on auto-dealer lots have encountered surging sticker prices and smaller incentives from automakers to lessen the blow. To afford an automobile, more consumers, especially lower-income families, have resorted to […]

Sometimes car tech goes too far. Automakers are admitting it

When Tesla Inc. designer Franz von Holzhausen announced that his team would reconfigure the signature pop-out electronic door handles that had been criticized as a safety hazard, it was a rare admission that the company needed to adjust and improve a long-standing product. “The idea of combining the electronic one and the manual one together […]