auto industry News

How Tesla Defined a New Era For the Global Auto Industry

FRANKFURT/BEIJING/DETROIT — Tesla Inc’s rapid rise to become the world’s most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how. …

Are Auto Industry Tactics Leading to Trouble?

Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past. As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn …

Damage From Hurricane Sandy Could Help Economy and Auto Industry

The auto industry could see an extra bump from those who delayed purchases or need to replace vehicles damaged during Hurricane Sandy, reports Edmunds.com, an online resource for automotive information. β€œIn Hurricane Katrina, which affected a much less populated area …