Recent News

FTC Returns More Than $2 Million to Victims of Business Coaching Scheme

The FTC will be mailing refund checks totaling more than $2 million to people who lost money to a Utah-based business coaching scheme that operated under the names Coaching Department and Apply Knowledge, among others.The refunds are the result of the FTC’s...

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Volvo, Geely to form stand-alone engine business

The new business will develop next-generation hybrid powertrains and internal combustion engines for Volvo, Lotus, Lynk & CO and Geely Auto as well as third parties. ... Read More »

Ghosn whistleblower faces pressure to leave Nissan, reports say

Nissan veteran Hari Nada, who is expected to be a key witness in Carlos Ghosn's trial next year, may be forced to resign amid a boardroom civil war, Bloomberg and the Financial Times reported. ... Read More »

Fleet gains keep sales pace above 17 million

The numbers looked ugly, but U.S. auto sales weren't really that bad in September, considering hefty fleet volumes and a shift in the calendar. ... Read More »

UAW says GM talks take ‘a turn for the worse’

Terry Dittes, vice president of the UAW-GM department, said Sunday in a letter to members that GM turned down an "extensive package" that addressed all of the union's demands, ranging from wages to profit sharing. ... Read More »

Strike threatens GM pickup sales

The last GM pickup plant in North America that was still running during the UAW's strike had to shut down last week due to parts shortages, raising worries that some dealerships soon will start running low on the automaker's top selling vehicles. ... Read More »

Auction executive: ‘Let’s stop killing people in our lanes’

The CEO of one of the largest vehicle auction companies in the world said cars should no longer physically run through lanes. ... Read More »

As domestics leave sedans, Toyota ready to boost share

As the car and light-truck mix in consumer preferences starts to stabilize, Toyota is once again looking to capitalize in segments where the Detroit 3 have pulled up stakes. ... Read More »

Growth opportunities increase for retailers

An industry analysis finds franchised retailers have an advantage in pursuing new ventures in the next few years. ... Read More »

Real-world lessons push SAE to revisit AV testing

SAE International has updated its standards for autonomous vehicle testing to reflect "lessons learned" from deployments of automated driving systems on public roads. ... Read More »