Detroit Auto Show Signals Shift Away From Big Global Vehicle Debuts
The floor of Huntington Place used to feel like the center of the universe for the automotive industry. For decades, the North American International Auto Show was where sheet metal met spectacle, a place where executives drove vehicles through plate glass windows and cattle stampedes were staged to announce new trucks. It was loud, expensive, […]
Major U.S. Auto Supplier Announces Workforce Restructuring
One of the largest auto parts suppliers in the United States is implementing a significant workforce restructuring that will affect thousands of employees across multiple states. The company, which supplies components to all major domestic and foreign automakers, announced plans to cut approximately 3,200 jobs and close two manufacturing facilities by the end of 2026. […]
U.S. Dealers Report Rising Unsold EV Inventory in January
Electric vehicles are piling up on dealer lots across the country, with January inventory levels reaching their highest point in over a year. Dealers report that EVs are sitting an average of 82 days before selling, nearly double the 46-day average for gas-powered vehicles. The surplus spans multiple brands and price points, from affordable compact […]