Recent News

FTC Charges Surescripts with Illegal Monopolization of E-Prescription Markets

Company used its digital platform to impose anticompetitive vertical and horizontal restraints on commerce, leading to higher prices and reduced consumer choice, agency alleges The Federal Trade Commission sued the health information company Surescripts, alleging...

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FTC Alleges Operators of Two Commercial Websites Failed to Protect Consumers’ Data

In separate cases, ClixSense and i-Dressup.com agree to settle charges that they failed to provide reasonable data security The operators of an online rewards website and a dress-up games website have separately agreed to settle Federal Trade Commission allegations...

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JLR leans on U.S. amid China slump, Brexit turmoil

The automaker is betting on continued demand for utilities to maintain U.S. growth, even as the automaker faces headwinds in the U.K. and in China. ... Read More »

Nissan profit to drop below Renault’s for first time in decade

Nissan is on track to miss its full-year profit goal, earning less than alliance partner Renault for the first time in a decade and underscoring challenges being faced in post-Carlos Ghosn future.   ... Read More »

Hyundai returns to earnings growth as U.S. sales offset China slump

Hyundai increased its profit for the first time in six quarters, helped by strong demand for SUVs and decreasing incentive spending in the U.S. ... Read More »

Hyundai promotes China designer to global role in Seoul

Simon Loasby takes over as head of the styling group at the Hyundai Design Center. ... Read More »

Vision Adds Lease Payment Solver

VisionMenu and Purdue University Fort Wayne have partnered to add a new ‘Lease Payment Solver’ feature to the F&I menu provider’s platform. ... Read More »

Webasto plans $48 million roof systems operation near Detroit

Webasto's roof systems project is expected to create 441 new jobs and is supported by a $2.7 million grant from the state and a local property tax abatement. ... Read More »

Asbury’s Q1 net income rises despite lower new-car margins

Gains in parts and service, used-vehicle sales and F&I income boosted Asbury Automotive's net income in the first quarter despite several tough headwinds.  ... Read More »

Ex-Tesla engineer takes over as CEO of EV challenger Lucid

Peter Rawlinson, who was chief engineer of the Model S when he worked for Tesla, has long been the public face of Lucid. Now he's the CEO. ... Read More »