Recent News

Tomorrow’s consumers want a different dealership experience, survey shows

A Cox Automotive study of 2,000 people found "trailblazer" consumers, who are most likely to embrace new technology and services, will be the new mainstream consumer by mid-decade. ... Read More »

ZF gains EU approval for $7 billion Wabco deal

ZF, which helps carmakers develop gearboxes and hybrid drivetrains, first tried to acquire Wabco, maker of advanced driver assistance systems for trucks and trailers, in 2017. ... Read More »

U.S. to review recommendation on Jeep complaint against Mahindra

Mahindra said it has launched its model year 2020 Roxor with what it described as "significant styling changes" and said it would make additional changes if the ITC required it. ... Read More »

New FTC Data Shows that the FTC Received Nearly 1.7 Million Fraud Reports, and FTC Lawsuits Returned $232 Million to Consumers in 2019

Imposter scams take top spot in 2019 fraud reports New data released by the Federal Trade Commission shows that FTC actions led to more than $232 million in refunds to consumers across the country in 2019. A core part of the FTC’s mission is to return money...

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Ford expects $2.2 billion Q4 hit due to pension plans

Ford said the "remeasurement loss" on pension and retirement liabilities is expected to reduce its quarterly net income by about $1.7 billion, although Ford said it will not impact its total adjusted earnings. ... Read More »

VW pleads guilty, faces $196 million fine in Canada for diesel scandal

VW pleaded guilty after being charged with 60 counts of breaching the Canadian Environmental Protection Act and providing misleading information.  ... Read More »

GM’s remaining Mich. tax credits valued at $2.27 billion after $325 million reduction

The automaker agreed to voluntarily reduce the remaining value of its state tax credits from $2.6 billion is part of a deal that will require the company to maintain an in-state workforce of at least 34,750 and invest $3.5 billion in Michigan facilities...

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GM, Ford limit China travel to guard against deadly virus

The automakers and other companies are restricting non-essential travel to Wuhan, the epicenter of the contagion that so far has killed nine people and seen cases spread across the region and even to the U.S. ... Read More »

New Research Shows Consumers Crave Convenience

Brand experience centers, at-home maintenance, service pick-up and drop-off: These are the modern automotive dreams, new research shows. ... Read More »

AFC Intensifies Customer Focus with Key Promotions

New positions leverage bench strength and customer relationships. ... Read More »