Top executives at Toyota’s North American operations anticipate new-vehicle average transaction prices will break the $50,000 barrier and continue to rise, that demand will outstrip supply again this year even as the supply chain recovers and that there now may be as many as 6 million potential new-vehicle buyers sidelined by inventory and pricing. Speaking

DETROIT — UAW President Shawn Fain struck a defiant tone in his inaugural address to members on the first day of the union’s special bargaining convention, laying the groundwork for potentially contentious contract talks with the Detroit 3 automakers this year. “We’re here to come together to ready ourselves for the war against the one

The rethink of auto shows continues. Organizers of IAA Mobility 2023 said Wednesday they’ve reached an agreement with venture capital firm Assembly Ventures to oversee a portion of the show’s conference programming this fall in Munich. The development underscores an evolving shift for IAA, which in recent years has changed locations and expanded to include

Two employees at Nissan of Newnan in Georgia have been arrested amid a police investigation into customer reports of fraud on vehicle purchase paperwork. Two customers reported forged signatures on their documentation, with one alleging the forgery in connection with a vehicle service contract and other add-on items included in the deal without her knowledge.

A business’ survival is dependent on smart risk management. As the auto industry takes its biggest risk in the era of mass production — the electrification transition — this week’s Automotive News highlights the magnitude of the bets being made.Ford Motor Co., for example, for the first time publicly disclosed how much money it lost

Stress test for the EV transition A business’ survival is dependent on smart risk management. As the auto industry takes its biggest risk in the era of mass production — the electrification transition — this week’s Automotive News highlights the magnitude of the bets being made. Ford Motor Co., for example, for the first time

DETROIT — The election of Shawn Fain as the UAW’s fifth president in five years could upend what are already expected to be difficult contract negotiations between the union and Detroit 3 automakers later this year. But his razor-thin margin of victory over incumbent Ray Curry — Fain won by fewer than 500 votes and

The CEO of NIU Technologies discusses the growth of the micro-mobility market and the public’s changing perceptions of solutions like bikes and scooters. The technology’s cool factor, he said, encourages new users but might have a downside. How do I subscribe? Apple Podcasts: “Shift: A podcast about mobility” is available on the iTunes Store and through

The $1 trillion Infrastructure Investment and Jobs Act from late 2021 captured public attention for funding a wave of electric vehicle charging services. But buried deeper inside was also a mandate for a new technology that has nothing to do with EVs.The law calls for a final rule to be issued next year requiring all

You’ve been hearing it for years — the electric vehicle (EV) revolution is coming, get ready. Today, we’re well past that point, and suppliers are coming face to face with the enormity of the changes. The question is no longer “How will you get ready?” but rather “How are you incorporating this new EV reality