Recent News

Tesla’s Nürburgring run revs up debate over speed records

Porsche and Tesla are battling to establish supremacy in lap times for four-door electric sports cars, but comparisons are not exact. ... Read More »

Nissan on gradual recovery path, incoming CEO tells staff

Makoto Uchida, who will take up the CEO post by Jan. 1, said he will use all his experience to turn the company around and stressed that also "will include the building of alliance partnerships." ... Read More »

Jaguar Land Rover sees signs of rebound in China after lengthy slump

Despite the overall sluggish market in China, Jaguar Land Rover has posted sales growth in the country over the past three months. ... Read More »

GM Detroit plant would get $3 billion investment to stay open

The plant, which was scheduled to close in January, would employ 2,225 people at full capacity, GM told the UAW as part of the tentative contract agreement being sent to workers for ratification. ... Read More »

LAST CHANCE: Industry Summit and PALS Room Block Closes Tomorrow!

Industry Summit and P&A Leadership Summit organizers announced the opportunity for attendees to reserve their rooms to stay onsite at the event and close to the action ends at midnight Friday. ... Read More »

USEA Adds Fourth Tier to F&I Manager Rewards Program

US Equity Advantage has released an updated version of its Quarterly Partner Rewards Program, adding a fourth tier designed to offer F&I professionals a new opportunity to earn bonuses. ... Read More »

Xtime, CenPOS Offer Streamlined Service Checkout

Xtime announced the integration of CenPOS’s payment solution with Xtime’s Spectrum platform, offering a new payment option to dealership service customers. ... Read More »

VW gets more time from U.S., auditor to comply with diesel settlement terms

The 90-day extension means that an independent compliance auditor, Larry Thompson, will monitor Volkswagen until September 2020. ... Read More »

UAW-GM terms released; no decision yet on strike

The four-year contract, if ratified, would result in all current workers earning at least $32.32 an hour by September 2023. Temporary workers would have a path to becoming full-time employees, the summary said. ... Read More »

Uber, Lyft may face more federal oversight, lawmaker warns

Congressman Peter DeFazio, D-Ore., said ride-hailing companies have revolutionized how people travel but also have a lot of problems, such as adding to traffic congestion and conducting “woefully inadequate” background checks for drivers. ... Read More »