Recent News

Hyundai delivers hydrogen Tucson to first U.S. customer

Hyundai has started retail leasing of its hydrogen-powered Tucson crossover as the South Korean carmaker and competitors look to expand the market for alternative zero-emission electric vehicles. ... Read More »

Toyota adds 650,000 vehicles to Takata airbag recall in Japan

Japanese airbag maker Takata's quality problems deepened today after Toyota recalled 650,000 more vehicles in Japan, and the supplier cautioned further fixes may be needed. ... Read More »

Marchionne insists Fiat Chrysler needs 9 brands; market watchers disagree

Fiat Chrysler CEO Sergio Marchionne wants his recently merged nine-brand automaker to more than double vehicle sales and operating profit, but analysts doubt there will be enough cash to fund volume growth. ... Read More »

GM addresses NHTSA’s recall inquiries, ending daily fines of $7,000

GM has met requirements of federal regulators for documents and other information tied to its ignition switch recall. The automaker racked up more than $420,000 in daily fines of $7,000 for its delay in providing the information. ... Read More »

Automakers oppose Pennsylvania’s bill allowing Tesla stores

Automakers are fighting Pennsylvania legislation that would allow electric-vehicle maker Tesla Motors to operate an unlimited number of factory-owned stores in that state. ... Read More »

Nissan, N.Y. clear hurdle as appeals court validates taxi pact

New York's plan for a new fleet of cabs from Nissan is legal, an appeals court ruled, overturning a judge who said the city's Taxi and Limousine Commission overstepped its authority by requiring owners to buy a specific vehicle. ... Read More »

GM’s chief information security exec going to Target

Target hired General Motors executive Brad Maiorino as chief information security officer, a new position at the retailer, effective June 16. ... Read More »

Pennsylvania Home Builder Settles FTC Charges of Deceptive Mortgage Advertising

A Pennsylvania-based home builder that offers home financing has settled Federal Trade Commission charges that it deceived consumers by advertising low-cost mortgages while hiding fees and not disclosing vital information about the true cost of the mortgages....

... Read More »

Pennsylvania Home Builder Settles FTC Charges of Deceptive Mortgage Advertising

A Pennsylvania-based home builder that offers home financing has settled Federal Trade Commission charges that it deceived consumers by advertising low-cost mortgages while hiding fees and not disclosing vital information about the true cost of the mortgages....

... Read More »

Ford Fiesta production to stay in Germany after cost-cutting labor deal

Ford will make the next generation of the Fiesta small car in Cologne, Germany, targeting $400 million in savings on production costs from 2017 through 2021 because of greater worker flexibility. ... Read More »