Tag Archives: Despite

The NHTSA is forcing General Motors to recall nearly 6 million full-size SUVs and pickup trucks equipped with Takata airbag inflators, the regulator announced on Monday.  The order comes after four years of GM insisting that its airbag inflators were safe, even as the rest of the industry roiled with …

Through the first six months of 2020, when much of the country was under shelter-in-place restrictions due to the Covid-19 pandemic, the rate of traffic fatalities jumped 20% from 2019, according to a report released Tuesday by the National Safety Council.  The estimated increase in the death rate reverses a …

Big incentives from General Motors helped GM Financial increase auto loan originations by double digits in the second quarter, even as many dealerships had to temporarily close or limit operations because of the coronavirus pandemic. GM’s captive finance arm said in a statement last week that auto loan originations rose …

Strict shelter-in-place orders brought on by the coronavirus pandemic severely hindered profits at publicly traded U.S. megaretailers in the first quarter. But despite showroom closures, slowing vehicle sales and economic uncertainty closing out the month of March, all six public groups posted gains in finance-and-insurance profit per vehicle. Public groups …

Verdict 6.4 / 10 Struggling sales, Brexit, and efforts to electrify have cost Jaguar Land Rover billions at a time it can ill-afford such an expense. But the company’s problems do not, for the most part, extend to its products. The British automaker has a line of impressive vehicles that, …