Recent News

Toyota’s new execs see a crisis

Toyota's latest batch of newly promoted executives injects new diversity of thought, but all are decidedly single-minded in warning that Japan's biggest automaker is beset by industry upheaval. ... Read More »

Marchionne’s successor will come from within

Besides Marchionne, there are 17 men on the FCA group executive council, but realistically, only a handful are likely candidates for CEO. ... Read More »

Takata’s U.S. bankruptcy plan approved by judge

Takata received court approval for its bankruptcy exit plan in the United States, clearing the way for the sale of Takata's assets and providing compensation for those injured by its deadly airbags. ... Read More »

Phantom Auto tests remote control for driverless cars

Phantom Auto is refining a system that lets remote drivers take over self-driving cars when the cars get stuck. ... Read More »

GM’s Korea retrenchment gets an early start

General Motors is already scaling back operations in South Korea ahead of an announced plant closure there in May. ... Read More »

Lyft shops for drivers on used-car lots

Lyft wants to put drivers in cars they can afford, rather than having them take on expensive loans for new vehicles. ... Read More »

Tesla delays, tax credit concerns spur sales of Chevy Bolts

Some potential buyers of Tesla's long-delayed Model 3 are concerned that they will miss out on federal tax breaks and are looking for alternatives such as the Chevy Bolt. ... Read More »

American Axle posts more gains in Q4

American Axle posted record sales driven by strong light-truck production, as it continues to absorb the benefits of its Metaldyne acquisition. ... Read More »

UAW sells training center building in Detroit

Princeton Enterprises has purchased the UAW-Chrysler National Training Center building in Detroit for an undisclosed sum. ... Read More »

FTC Approves Final Order Requiring Alimentation Couche-Tard Inc. and Affiliate CrossAmerica Partners LP to Divest 10 Fuel Stations as a Condition of Acquiring Holiday Companies

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that retail fuel station and convenience store operator Alimentation Couche-Tard Inc.’s acquisition of Holiday Companies would violate federal antitrust...

... Read More »