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Automotive News

45% of used-vehicle loan terms ‘frighteningly’ long at 84 months, up from 25% in 2021

With high vehicle values ​​and high interest rates compromising affordability, buyers — particularly entry-level ones — have been forced to extend borrowing time frames, Ross said. “Consumers are looking to stay in a consistent monthly payment range to what they… Continue Reading…

Automotive News

F&I talks over video a good option for car buyers

Jonathan Jordan, director of retail strategy for F&I product provider JM&A Group, said his company launched its so-called virtual F&I offering in 2018. He told Automotive News in late January the company had logged more than 23,000 transactions where the… Continue Reading…

Automotive News

Why Arizona Heat Makes Windshield Cracks Expand

Many of us have been there. You get a small chip or crack in your windshield and leave it alone, figuring it won’t get any bigger. Unfortunately, this isn’t often the case. In many situations, this crack or chip will… Continue Reading…

Automotive News

Lloyd Reuss obituary: Former GM president championed engineering

DETROIT — Lloyd Reuss, a mechanical engineer who rose to become General Motors president in the early 1990s, died on Friday. He was 86. Reuss, a classic company man with sharp political instincts and a passion for performance, was the… Continue Reading…

Automotive News

Rivian will speed up factory flow by making its own motors

Rivian is offering the most configurations of its electric pickup and crossover with only the dual-motor setup. For example, the Enduro motors can be combined with three battery sizes on the R1T: standard pack, with 270 miles of range; large… Continue Reading…

Automotive News

Ford job cuts in Europe: Where the ax will fall

A spokesperson at the automaker’s headquarters in Michigan said on Monday that discussions with the German works councils were continuing and that the company needs to be “more competitive” as it transitions to EVs. He would not comment on specific… Continue Reading…

Automotive News

Magna, Linamar, Martinrea on 2023 Automotive News Top 100 Global Suppliers List

Just three Canada-based auto parts makers find themselves in 2023 Automotive News Top 100 Global Suppliers List. That’s two fewer than a year ago. The list, released Monday by sibling publication Automotive News in Detroit, tracks sales to automakers from… Continue Reading…

Automotive News

Millions Of Kia Cars Could Have Dangerous Airbags

View of the dashboard of a 2007 Kia Optima as it’s being driven. good morning! It’s Thursday, June 1, 2023 and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one… Continue Reading…

Automotive News

Reasons DIY Auto Glass Solutions are a Bad Idea

You may be tempted to try DIY auto glass solutions to resolve cracks in your windshield or other damage to your auto glass. However, these at-home kits can fail to produce the desired results and can even cause additional damage… Continue Reading…

Automotive News

Buick Electra E4 goes on sale in China

Buick launched sales of its second Ultium platform-based electric vehicle, the Electra E4, this week in China, as General Motors continues to expand its lineup of EVs in a key market. The electric coupe, available in two- and all-wheel-drive versions,… Continue Reading…