Recent News

GM fund leaves out scores hurt or killed in cars with switch flaw

GM's compensation fund for faulty ignition switches covers only 2.59 million vehicles with that specific flaw. ... Read More »

FCA up 8.2% on strong Jeep and Chrysler 200 sales

The Jeep brand and the Chrysler 200 both helped push Fiat Chrysler's June sales up 8.2 percent, the automaker's best sales for the month of June since 2006. ... Read More »

Porsche labor chief joins VW board

Porsche's labor chief, who once fought a merger with Volkswagen, is joining the parent company's supervisory board as a reshuffle of positions at Europe's largest automaker continues. ... Read More »

Following Sysco’s Abandonment of Proposed Merger with US Foods, FTC Closes Case

Following a June 23, 2015 ruling by the U.S. District Court for the District of Columbia granting the Federal Trade Commission request for a preliminary injunction, Sysco and US Foods abandoned their proposed merger, and the Commission has now dismissed its administrative...

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Bain Capital completes buyout of TI Automotive

TI Automotive said its sale to private equity firm Bain Capital LLC has been completed. Terms of the sale were not disclosed in a statement today. ... Read More »

Toyota Mirai rated at U.S. range of 312 miles

Toyota says its high-stakes hydrogen car will have a U.S. rating of 312 miles between refueling stops, farther than the Tesla Model S. ... Read More »

Germany’s Getrag getting interest from Magna, Dana, China, report says

Getrag, one of the biggest independent makers of transmissions, has attracted interest from automotive suppliers including Canada's Magna International Inc., people with knowledge of the matter told Bloomberg. ... Read More »

Automotive Loyalty Reaches Highest Levels in a Decade, IHS Reports

SOUTHFIELD, Mich. — Customer loyalty to automotive brands reached a 10-year high during the first quarter of 2015, according to analysis from market research firm IHS Automotive.Brand loyalty during the first quarter was 52.8%, the firm reported. Several...

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Experian Examines the Muscle Car Resurgence

SCHAUMBURG, Ill. — The America muscle car is experiencing a resurgence, with Experian Automotive reporting today that new registrations for such vehicles has increased 35.4% over the last nine years.Experian looked at the sales patterns of six American models...

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J.D. Power Forecasts Strongest June Sales in a Decade

WESTLAKE VILLAGE, Calif. — New-vehicle retail sales in June and the retail seasonally adjusted annualized selling rate are expected to be at their highest levels for the month since 2005, according to a monthly sales forecast by J.D. Power and LMC Automotive.J.D....

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