Recent News

Nissan settles class-action suit claiming faulty brakes

Nissan North America has agreed to reimburse customers between $20 and $800 each to resolve a lawsuit alleging that defects in certain vehicles caused brakes to fail suddenly, according to court papers. ... Read More »

UAW will propose works council at VW after partial recognition

The UAW said it will propose a German-style works council for Volkswagen's plant in Chattanooga and continue its push for collective bargaining for members there following the company's recognition that the union represents at least 45... ... Read More »

Tesla stock drops with oil prices, but will it bounce back?

Tesla Motors customers are rich enough to keep buying luxury cars whatever the cost of a tank of gasoline. So the oil rout probably won't hammer the stock for long -- the shares plunged 14 percent since Thanksgiving. ... Read More »

FTC Requests Public Comment on Community Health Systems’ Application to Approve Sale of Riverview Regional Medical Center to Prime Healthcare

The Federal Trade Commission is currently accepting public comments on an application by Community Health Systems to sell Riverview Regional Medical Center and its associated assets near Gadsden, Alabama, as required under the FTC’s April 2014 final order settling...

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FTC Requests Public Comment on Community Health Systems’ Application to Approve Sale of Riverview Regional Medical Center to Prime Healthcare

The Federal Trade Commission is currently accepting public comments on an application by Community Health Systems to sell Riverview Regional Medical Center and its associated assets near Gadsden, Alabama, as required under the FTC’s April 2014 final order settling...

... Read More »

BMW names Krueger as new CEO; Reithofer to be chairman

BMW said CEO Norbert Reithofer would step down in May, one year early, and hand the reins of the luxury carmaker to production chief Harald Krueger. ... Read More »

Reynolds and RouteOne Integrate eContracting, docuPAD

DAYTON, Ohio — The Reynolds and Reynolds Company and RouteOne have reached an agreement to integrate RouteOne’s eContracting system with Reynolds’ docuPAD software, which will provide dealerships with the capability to efficiently capture electronic...

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November Sales Pace at 17.20 Million-Unit Annual Rate

WOODCLIFF LAKE, N.J. — November new-vehicle sales increased 4.6% to 1,302,043 units. On a year-to-date basis, sales increased 5.4% to more than 15 million units sold through during the first 11 months of the year. November's SAAR was 17.20 million...

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Ally Launches Enhanced Mobile and Online Tools for Auto Consumers

DETROIT — Ally Financial has announced the availability of several new tools that make it faster and easier for auto consumers to manage their accounts and make payments via mobile devices, and access faster customer service while online. The tools include...

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VW hires BMW exec Diess to lead core car brand

VW Group has appointed BMW development chief Herbert Diess to its management board. Diess, 56, will take over as chairman of the VW passenger car brand from CEO Martin Winterkorn, effective Oct. 1, 2015, the company said. ... Read More »