It’s not just your imagination—everything is getting more expensive. From grocery store basics like eggs and meat to transportation essentials like fuel and airfare, inflation has hit almost every corner of the market, and the auto industry is no exception. New vehicle prices have actually been on the rise for almost half a decade, but […]
Toyota Motor Corporation—you might have heard of them. They’re the largest automotive manufacturing company in the world (by volume), and they didn’t get that way overnight. It took decades of hard work from shrewd and passionate people. It took innovating a system of production that has since become the elite model for lean manufacturing around […]
The financial market limped through much of 2022 with fears of a recession and rising interest rates both having a noticeable effect. The trend was especially pronounced in the automotive sector, with electric vehicle manufacturers logging a particularly bad year due to supply chain issues, competition from established brands, rising lithium prices, and Twitter-obsessed CEOs. […]
On February 14, Shoichiro Toyoda passed away at age 97. As a prominent member of the Toyota family, Shoichiro Toyoda was instrumental in transforming the Toyota Motor Corporation into the automotive titan it is today. During his ten years as President and seven years as Chairman, he spearheaded initiatives from the creation of the Lexus […]
Rally driver and motorsports legend Ken Block, best known for being the co-founder of both DC shoes and Hoonigan Industries, has tragically passed away at age 55 in a snowmobile accident near his ranch in Utah on Monday. His snowmobile reportedly upended while going up a steep slope, landing on him. Block was found dead […]
If there are two things I love besides cars, they’re science and a good comeback story. That’s good news for me because the automotive industry is full of awesome comeback stories this year, and thanks to science, I can tell you which one is the most exciting revival of 2022! A Scientific Method Allow me […]
If you’ve tried buying a used car recently, you know how crazy the demand is for good pre-owned vehicles. With the ongoing supply-chain issues (including the microchip shortage that’s still going strong), dealerships have struggled for the last year or so to keep up with customer demand. This has led to auto manufacturers instituting a […]
Things are different now; there’s no denying it. Many businesses have closed their doors for good, workers have been displaced, and there’s an overall sense of change in the air. I don’t necessarily think that change is bad, per se; we’re just not quite used to how the world looks just yet. Among the many […]
If you’re like me and your various internet algorithms know you read about cars a lot, then you’ve probably seen news stories about a “surge” in car repossessions. Most of them like to say that car repossessions are “surging” or “exploding” to convince us that the world is falling apart, but I’m not convinced things […]
