Recent News

Mercedes-Benz recalls 42,800 Smart ForTwos for fire risk

Mercedes-Benz USA is recalling 42,781 vehicles in the U.S. after discovering a potential fire risk in the engine compartment. ... Read More »

FCA recalls more than 325,000 older-model Jeep Liberty SUVs

Fiat Chrysler is recalling more than 325,000 older-model SUVs because of a flaw in their rear lower control arms. ... Read More »

Japan’s automakers face a problem recruiting women engineers

Japan's automakers, facing the worst labor shortage in decades, have seen the light: hire more women. The problem is they're all having the same epiphany at the same time. ... Read More »

Softening North America hits profits at Subaru

Subaru profits declined in the latest quarter amid steeper competition in the United States and falling sales at home where the company was engulfed in a faulty vehicle inspection scandal. ... Read More »

Mazda names Americas head Akira Marumo next CEO

Mazda has named Americas chief Akira Marumoto its new CEO as the second-tier Japanese carmaker -- with its limited randd budget and reliance on old-school combustion engines -- confronts big challenges in the new era of electrification, autonomous... ... Read More »

Audi to skip 2019 Detroit auto show, joining BMW, Benz

In dropping out of the 2019 Detroit auto show, Audi said it will continue to evaluate auto shows case by case, relative "to the timing of our product introductions and the value the show brings from a media and consumer perspective." ... Read More »

GM sees custom designs, personal ownership for self-driving cars

General Motors, which plans a ride-sharing fleet of robotaxis for next year, is looking at further business opportunities for self-driving cars, such as custom designs. ... Read More »

Asbury Maintains $1,500 PRU, Goes Digital in Q1

DULUTH, Ga. — Challenges and opportunities were the recurring themes of a first-quarter investor call held by executives representing Asbury Automotive Group. America’s seventh-largest auto retailer posted modest improvements in new- and used-vehicle...

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Used-car retailer Carvana Q1 net loss expands

Online used-car retailer Carvana's first-quarter net loss widened to nearly $53 million, while revenue and vehicle sales both more than doubled to records. ... Read More »

Group 1 Hits Record PRU in Q1

HOUSTON — Executives representing America’s third-largest dealer group had good first-quarter news to report to investors in a late-April conference call: Group 1 Automotive’s U.S. operation set a new record for F&I gross profit per retail...

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