Recent News

Elon Musk’s Tesla refunded 23% of Model 3 deposits, but company disagrees with report

Tesla is dishing out refunds for deposits on Model 3 sedans faster than deposits are coming in, a new report says, claims that Tesla disputes. ... Read More »

Lear hires John Absmeier as CTO as it shifts into technology innovation

Electronics and seating supplier Lear has hired longtime automotive technology veteran John Absmeier as its chief technology officer. ... Read More »

Subaru, Mazda are fine being last to sell electric vehicles

Subaru is among a small group of automakers setting a casual pace in the global race for electric vehicles, while Mazda Motor Corp. is on a similarly relaxed timeline. ... Read More »

Discounts as high as $16,000 fuel latest round of pickup wars

Heavy discounts of up to $16,000 per vehicle are fueling a truck war among full-size pickups sold in the United States by the Detroit 3, a Reuters analysis shows. ... Read More »

5 things to watch today during Tesla’s annual shareholders meeting

Elon Musk takes the stage at Tesla's annual shareholder meeting with the gap between the fervor of its fans and the doubts of its skeptics as wide as it's ever been. ... Read More »

FTC Sues to Stop Two Operations Responsible for Making Billions of Illegal Robocalls

Technology companies and owner knowingly facilitated neighbor-spoofed robocalls The Federal Trade Commission has filed a complaint in federal district court seeking to stop two related operations and their principals who allegedly facilitated billions of illegal...

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FTC Imposes Conditions on Northrop Grumman’s Acquisition of Solid Rocket Motor Supplier Orbital ATK, Inc.

The Federal Trade Commission will require Northrop Grumman to supply solid rocket motors, or SRMs, to competitors on a non-discriminatory basis as part of a settlement resolving charges that Northrup’s $7.8 billion acquisition of aerospace and defense contractor...

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KBB: SUV/Pickup Demand Drive Up May’s Avg. Transaction Price

IRVINE, Calif. — Average transaction prices rose by a healthy 3% in May, even as new-vehicle demand is expected to falter in 2018, Kelley Blue Book reported on Friday.According to the firm, the estimated average transaction price for light vehicles in the...

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Strengthening the financial future of America’s young workers

Learn how youth employment programs can work with financial institutions to help young people get access to accounts that work for them. ... Read More »

Driverless shuttles launch in Mich. after construction delay

Driverless shuttles started operating at the University of Michigan's north campus after unexpected construction delayed launch by a few months. ... Read More »
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