GM vs. Tesla Heats Up

GM vs. Tesla Heats Up

January 11, 2015 — The auto show in Detroit hasn’t yet officially begun, but we already have what likely will be the event’s biggest story — the suddenly heated battle between General Motors and Tesla for dominance over the electric vehicle segment. Tomorrow morning’s unveiling of GM’s concept of its new electric vehicle, dubbed the Bolt —… Continue Reading

Cliff Banks - The Banks Report

Mid-Size Sedan Market Feeling the Pressure

September 15, 2014 — Automotive sales in August far exceeded everyone’s expectations leading to concern that automakers were again relying on aggressive incentives rather than true demand juice showroom traffic. The truth lies somewhere in the middle — but could have far reaching implications for the short term future of  certain market segments, and even,…

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Cliff Banks - The Banks Report

Palmer Leaves Nissan

September 2, 2014 — The management shuffle continues at Renault-Nissan as product chief and executive vice president Andy Palmer leaves to take the CEO position at Aston Martin. Replacing Palmer is Philippe Klein, executive vice president with Renault SA, who starts in his new position on September 15. Palmer is the fourth senior executive to leave…

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