Recent News

Plaintiffs’ lawyers say GM internal documents contradict Valukas report

Plaintiffs suing GM over faulty ignition switches have gained access to previously confidential documents produced by the automaker, and their attorneys plan to depose current and former top executives this year. ... Read More »

Chevy to reveal next-gen Camaro on May 16

Chevrolet plans to unveil the sixth-generation Camaro sports car at a fan event here on May 16, General Motors said today. ... Read More »

Death toll from defective GM ignition switches rises by 3 to 67

The death toll from General Motors' defective ignition switch has risen by three fatalities from a week earlier to 67, the administrator of GM's compensation fund said today. ... Read More »

Asbury plans to hire 200-400 technicians

Asbury Automotive Group says it will hire between 200 and 400 technicians during the next one to two years in a bid to meet potential growth opportunities in its parts-and-service business. ... Read More »

Consumer advisory: 3 pension advance traps to avoid

Many retirees depend on a pension to cover day-to-day as well as occasional unexpected expenses, such as health emergencies or home repairs. We’ve heard that some retirees with pensions who are facing financial challenges have responded to ads for cash advances...

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Visteon CEO Leuliette to leave by year-end

Auto supplier Visteon said today that CEO Tim Leuliette will step down as head of the company by the end of this year as soon as a successor is named. ... Read More »

Former Bureau of Competition Director Bill Baer and Former FTC Bureau of Consumer Protection Director David Vladeck Named Recipients of 2015 Kirkpatrick Award

Federal Trade Commission Chairwoman Edith Ramirez today named former Bureau of Competition Director William J. Baer and former Bureau of Consumer Protection Director David C. Vladeck the 2015 recipients of the Miles W. Kirkpatrick Award for Lifetime FTC Achievement,...

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‘Tier 2’ luxury brands struggle to compete with elite Germans, Lexus

Lincoln, Acura, Cadillac and Infiniti are struggling to make inroads against Lexus and a trio of German powerhouses #8211; BMW, Mercedes and an ascending Audi. ... Read More »

Buy-sell deals, blue sky soar

Buy-sell transactions surged last year, sending dealership values higher, especially for luxury brands. ... Read More »

As GM trims warranties, will buyers even notice?

One dealer said "it really didn't work." An analyst called it a useful enticement to draw consumers to Chevrolet and GMC. Those were just some of the responses to General Motors' decision to scale back its generous powertrain warranties. ... Read More »