Recent News

AmTrust, Endurance Partner on EV Service Contract

AmTrust Financial and Endurance DS announced the launch of APEX EV, billed as the industry’s first electric-vehicle service contract to cover batteries. ... Read More »

Mercedes names Michael Göbel to lead Ala. operations

Michael Göbel replaces Jason Hoff as CEO of Mercedes-Benz U.S. International in Vance, Ala. Hoff was promoted to chief of quality management for Mercedes-Benz Cars. ... Read More »

Rate Hikes on Hold as Fed Throttles Back

Chairman Jerome Powell confirmed the Federal Reserve is reconsidering two interest-rate hikes planned for 2019 due to a ‘less favorable outlook’ for the global economy. ... Read More »

Rolls-Royce names BMW exec its new sales VP for Americas

Matthew Boguradzki will take over for Martin Fritsches, who was named president of Rolls-Royce Motor Cars Americas in August. ... Read More »

Ferrari fourth-quarter earnings rose 6%

Ferrari posted a 6 percent rise in fourth-quarter core earnings, helped by positive performance from across its regions. ... Read More »

GM halts work at 15 Michigan plants amid cold snap emergency

GM, at the request of a Michigan utility, said it stopped production at four assembly plants and 11 supporting facilities as a way for the utility to conserve natural gas. GM also is asking the roughly 20,000 employees at its Warren Tech Center to work from home...

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Ind. Dealership Earns Motor Trend Certification

Champion Chevrolet of Avon has joined Motor Trends used-vehicle certification program as an exclusive representative for the Central Indiana region. ... Read More »

Musk: After Q4 profit, Tesla to be in the black every quarter in ‘19

One week after he indicated the “road ahead is very difficult” for Tesla, CEO Elon Musk seemed to place the electric-car maker on firmer footing. Tesla said it enjoyed its second consecutive profitable quarter during the final three months of 2018. ... Read More »

Cold, shutdown hinder Jan. sales

New U.S. light-vehicle sales are expected to be little changed in January from the start of 2018, though the record cold sweeping through the Midwest makes a decline more probable. ... Read More »

Volvo Financial Selects Darwin Automotive

Digital retailing provider Darwin Automotive is now a preferred partner of Volvo Car Financial Services, offering new F&I options for Volvo retailers nationwide. ... Read More »