Recent News

House panel sets hearing on Takata recalls

A House of Representatives panel has called a June 2 hearing to probe the Takata airbag recalls that last week mushroomed to cover 34 million vehicles. ... Read More »

NGK says 2 execs retired before price-fixing indictments

Two former executives with Japanese supplier NGK Spark Plug had retired before they were indicted Thursday on a charge of conspiring to fix prices of spark plugs, standard oxygen sensors and air fuel ratio sensors sold to some automakers in the US... ... Read More »

GM unveils $1.2 billion investment plan for Indiana pickup plant

GM will invest $1.2 billion to improve the Indiana plant where it makes full-size pickups. The investment, part of the $5. ... Read More »

Confident Financial Solutions Appoints VP of National Sales

BOULDER, Colo. — Confident Financial Solutions (CFS), a developer of financial solutions for automotive service centers and their customers, has announced that it has appointed Dan Beres as vice president of National Sales.Beres joins an existing group of...

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Exeter Finance Appoints New CFO

IRVING, Texas — Exeter Finance Corp., a specialty auto finance company, is pleased to announce the appointment of financial industry veteran Paige H. Wisdom to chief financial officer for the organization, effective June 8.Wisdom brings extensive financial...

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Ford dips toe into London car-sharing market with GoDrive

Ford will start offering Londoners a network of cars to share, rather than buy, in an effort to tap the growing market for on-demand driving. ... Read More »

Former Detroit-area Ford dealer Tarik Daoud dies at 78

Tarik Daoud, the longtime CEO of the former Al Long Ford in Warren, Mich., died Sunday. He was 78. ... Read More »

Hyundai wins race to offer Android Auto

Hyundai has become the first car company to offer Google's new Android Auto interface by launching it in the 2015 Sonata. ... Read More »

FTC Requires Reynolds and Lorillard to Divest Four Cigarette Brands as a Condition of $27.4 Billion Merger

Winston, Kool, Salem, and Maverick Will Be Sold to British Tobacco Marketer Imperial Tobacco companies Reynolds American Inc. and Lorillard Inc. have agreed to divest four cigarette brands to Imperial Tobacco Group to settle Federal Trade Commission charges that...

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Ashworth College Settles FTC Charges it Misled Students About Career Training, Credit Transfers

Ashworth College has agreed to settle Federal Trade Commission charges it misrepresented to students that they would get the training and credentials needed to switch careers or get a new job, and that the course credits they earned would transfer to other schools....

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