Bill Koenig

Michigan

Contributor at Forbes

Journalist at Freelance

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Articles

Tariff Costs May Ease But Consumers Will Still Bear Most Of Expense

1 week ago | forbes.com | Bill Koenig

A car hauler carries Toyota RAV4 vehicles as it enters to cross the Ambassador Bridge in Windsor, ... More Ontario to go to Detroit on February 3, 2025. (Photo by JEFF KOWALSKY / AFP) (Photo by JEFF KOWALSKY/AFP via Getty Images)AFP via Getty ImagesTariff levels on cars and trucks may ease while consumers will absorb most of the cost, consulting firm AlexPartners says in an annual report.
Cars.Com Releases Its American-Made Vehicle Index Amid Trump Tariffs

1 week ago | forbes.com | Bill Koenig

A Tesla Model 3 on display at an Automotive Press Association event in Birmingham, Michigan. Bill KoenigCars.com is posting its annual American-made vehicle index amid the Trump administration’s tariffs intended to increase U.S.-made content for cars and trucks. The company released its findings today. The company conducted an embargoed Automotive Press Association briefing on June 11 in Birmingham, Michigan. Cars.com evaluated 99 models for U.S. content.
A Canadian Auto Union Leader Realized Media, Communication Important

1 week ago | forbes.com | Bill Koenig

Buzz Hargrove, former president of the Canadian Auto Workers unionUniforOver the weekend, Basil “Buzz” Hargrove, 81, died. He was the president of the Canadian Auto Workers union from 1992 to 2008. His passing was announced by Unifor, the successor organization to the CAW. The CAW originally was part of the Detroit-based United Auto Workers union. The Canadian union broke away after disagreements with the Detroit union. Hargrove struck a much different done than the UAW.
Supplier Astemo Seeks To Deal With Automotive Industry’s Future

2 weeks ago | forbes.com | Bill Koenig

Logo for Japan's Astemo automotive supplierAstemoJapan’s Astemo Group and its Astemo Americas unit are making major adjustments amid changes in the auto industry. Astemo Americas is at work related to new technology, including steer by wire, break by wire, and autonomous driving. Astemo Group is looking to do an initial public offering in 2026. Currently, the company is 40% owned by Honda Motor Co., 40% by Hitatchi Ltd., and 20% by private equity.
China Poses ‘Existential Threat,’ Engineering Company Executive Says

3 weeks ago | forbes.com | Bill Koenig

A Chinese-made BYD Shark hybrid truck on display outside a Society Automotive Analysts event on ... More Thursday in Auburn Hills, Michigan. Bill KoenigTraditional automakers face an “existential threat” from China’s auto industry which is moving faster to design vehicles and reduce costs, an executive of an engineering services company said Thursday. “They can change incredibly fast," said Terry J. Woychowski, president, automotive of Caresoft Global, a Michigan-based engineering services company.
Prices To Rise, Electric Vehicles To Struggle, BofA Auto Analyst Says

3 weeks ago | forbes.com | Bill Koenig

John Murphy, auto analyst at BofA Securities, speaks at an Automotive Press Association event on ... More WednesdayBill KoenigVehicle prices will continue to increase amid tariffs and trade wars while electric vehicle demand is faltering, a Bank of America Securities auto analyst said Wednesday. “Costs are going up and prices will have to go up for consumers,” John Murphy, the analyst, said at an Automotive Press Association event at a regional BofA office in Farmington Hills, Michigan.
Indianapolis 500 Final Results: The Good And The Bad For Roger Penske

1 month ago | flipboard.com | Bill Koenig

Brad Pitt reveals his message to every F1 driver before shooting ‘F1’ movieBrad Pitt made his way into the secretive drivers’ briefing ahead of the British Grand Prix and spoke with all 20 racers before production of his new …
Indianapolis 500 Final Results: The Good And The Bad For Roger Penske

1 month ago | forbes.com | Bill Koenig

The good: The 2025 Indianapolis 500 had an average viewership on Fox Sports of 7.05 million on May 25. That was the highest television ratings for the event since 2008 and up from 5.02 million in 2024, the last time NBC televised the race. It was also better that the almost 6.8 million viewers for the Daytona 500 in February, NASCAR’s biggest race, also televised by Fox. Since the mid-1990s, NASCAR has dominated IndyCar racing in the United States.
Roger Penske, The Lion In Winter, Reacts After Indy 500 Embarrassment

1 month ago | forbes.com | Bill Koenig

Roger Penske, who owns the Indianapolis Motor Speedway, the IndyCar series and a major IndyCar team, didn’t wait long to react to a major embarrassment. Penske’s team was penalized by his own racing series after the team improperly prepared team race cars for a run at the pole position for this weekend’s Indianapolis 500. That meant that two Penske entries will start at the back of the Indy 500 field on Sunday.
IndyCar, NASCAR Get Broadcasting Makeovers For Racing’s Biggest Month

1 month ago | forbes.com | Bill Koenig

Both IndyCar and NASCAR are receiving broadcasting revamps for May, the biggest month for auto racing. With IndyCar, Fox has taken over televising the Indianapolis 500, the most important event on the IndyCar calendar. Fox is utilizing all its assets for the occasion. Fox’s FS1 and FS2 cable channels have been deployed at various times. FS1 last week showed two hours a day of Indianapolis 500 practice.