Effects of the 2008–2010 automotive industry crisis on the United States

Car Ownership Is Too Expensive For Americans Because What Are You Gonna Do, Not Have A Car?

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Car Ownership Is Too Expensive For Americans Because What Are You Gonna Do, Not Have A Car?

Happy Tuesday! It’s January 30, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Driving Is Just Too Expensive Every year, the average transaction prices for cars creep ever higher. It’s … Read more

Consumers Won’t Pay More For Cars Because Of Auto Worker Salary Increases

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Consumers Won’t Pay More For Cars Because Of Auto Worker Salary Increases

In the recently ratified new contracts with the Big Three automakers, United Auto Workers members ensured they will receive a minimum 25 percent wage increase over the next four and a half years, plus the reinstatement of long-suspended cost-of-living adjustments to keep up with inflation. Today 145,000 autoworkers will see an immediate 11 percent raise. … Read more