Some of the top-selling car brands in the United States are Japanese — Toyota, Honda, and Nissan especially. But the reverse isn’t true – General Motors, Ford, and Fiat Chrysler combined make up only .3% of the Japanese auto market. With strict regulations, strong local manufacturing, and a particularly Japanese way of retailing cars, the country will likely continue to be a difficult place for American automakers.
GM is reinventing itself. It’s cutting 15% of its salaried workers and shutting 5 plants in North America
General Motors on Monday announced a major restructuring of its global business, saying it will shut production at five facilities in North America and slash its staff. GM will reduce its salaried workforce by 15%, […]
On a hot summer afternoon in central Germany, the new CEO of one of the world’s largest automakers sinks into a white leather armchair, digs his shoes into the thick shag carpet under his feet, […]
The average cost to own and operate a new car is $8,849 a year, according to AAA. Depreciation alone accounts for more than $3,000 a year. Here’s how to keep those costs down. https://www.cnbc.com/2018/09/21/car-depreciation-is-a-budget-killer-heres-how-to-avoid-it.html