Recent News

FCA’s Europe arm forecast to have ‘break-even’ Q2

Fiat Chrysler Automobiles expects to restore profitability in Europe by the fourth quarter or earlier through measures that include restructuring and inventory reduction. ... Read More »

Study finds consumers not fully sold on future of AVs, EVs

J.D. Power's first Mobility Confidence Index Study, a collaboration with SurveyMonkey, found low consumer confidence in the future of autonomous vehicles and middle-of-the-road confidence in electric vehicles. ... Read More »

Unsold Car Insurance Is Missed F&I Income

Dealer software expert says it’s time to take a fresh look at consumer auto insurance — not as a problem but as a new opportunity to boost F&I production and profitability. ... Read More »

Ford acquires defense contractor to help get AVs on the road

Ford Motor Co. paid an undisclosed sum to acquire Quantum Signal AI, a 40-member team of roboticists operating out of a decommissioned 1930s-era high school near Ann Arbor, Mich. ... Read More »

4 Factories Create ‘Buzzworthy’ Social Campaigns

Talkwalker’s latest list of the 20 biggest social media hits and misses includes BMW, Chevrolet, Honda, and Tesla. ... Read More »

Manheim Adds Concierge Features to Express Mobile App

Condition Report Grade and Request a Concierge are the latest enhancements to Manheim Express, the mobile app the company debuted a year ago. ... Read More »

Sonic names 2 new directors, expands board to 10

Sonic Automotive no longer has a majority independent board following the election of two new directors. ... Read More »

Hyundai Canada probing case of Kona EV fire, explosion

A Montreal resident told the CBC he initially saw smoke coming from his garage, moments before an explosion rocked his home, blowing the garage door off its track and across the street. ... Read More »

U.S. sales may fall for 7th straight month

Projections for the seasonally adjusted, annualized selling rate in July range from 16.5 million to 16.7 million. Experts are split on whether an extra selling day will boost sales ahead of last year's level. ... Read More »

Nissan Leads July Lease Deals, Discounts

Wantalease.com reports moves made by an ‘aggressive’ Nissan highlighted the month in auto leasing, maintaining an industry-low price for the Sentra and offering big discounts on the Titan and Pathfinder. ... Read More »