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Recent news

Stellantis Profit Sharing Checks Halted for UAW Workers

Automaker cites $26.4 billion in 2025 losses as reason for not meeting profit-sharing thresholds.

Mitsubishi UFJ Asset Management Boosts Stake in General Motors

Institutional investor increases position in automaker by 3.5% in third quarter

Iconic Senna Lotus 98T Turbo F1 Car Heads to Auction

This 1986 championship-winning Lotus 98T driven by Ayrton Senna is expected to fetch over $12 million.

Ford Posts Record Revenue, Focuses on Profitable Vehicles

Ford's Q4 results show a path to improved profitability through its Ford Pro commercial business and higher-margin products.

Detroit Automakers Spared from New Tariffs

Supreme Court ruling strikes down most of Trump's global duties, but passenger vehicles and parts are exempt.

Detroit Police Department Holds Vehicle Auction

DPD to auction off seized vehicles at Grand River location on February 24, 2026

Michigan Gas Prices Hit New 2026 High

Average price briefly reached $3.03 per gallon before dropping to $2.98

Lithia Motors CEO Explains Hesitation to Sell Chinese Cars in U.S.

Largest U.S. auto dealer cites franchise laws, infrastructure costs as barriers to Chinese brand expansion.

Ford Motor reports 2025 earnings plunge due to various challenges

Tariffs and a supplier fire contributed to a 34% drop in adjusted earnings, but the company saw record revenue and U.S. market share growth.