Recent News

GM’s Cruise delays rollout of AVs

Cruise CEO Dan Ammann said the company won't be able to validate the performance and safety of its autonomous cars in time for 2019. ... Read More »

Mitsubishi quarterly earnings tumble on reduced deliveries, forex, r&d costs

Mitsubishi kept its previously announced earnings outlook for operating profit to decline 19 percent in the current fiscal year ending March 31, 2020, with net income dropping 51 percent. ... Read More »

Porsche tops J.D. Power study of most appealing new vehicles

Ram was the most improved brand and ranked highest in the mass-market segment while Ford Motor Co.'s brands received five model-level awards in the annual study of new-vehicle appeal. ... Read More »

FTC Imposes $5 Billion Penalty and Sweeping New Privacy Restrictions on Facebook

FTC settlement imposes historic penalty, and significant requirements to boost accountability and transparency NOTE: The FTC hosted an IN-PERSON press conference at FTC Headquarters, 600 Pennsylvania Ave, NW, Washington D.C., at 11 am ET TODAY (July 24).Participants...

... Read More »

FTC Sues Cambridge Analytica, Settles with Former CEO and App Developer

FTC alleges they deceived Facebook users about data collection The Federal Trade Commission filed an administrative complaint against data analytics company Cambridge Analytica, and filed settlements for public comment with Cambridge Analytica’s former chief...

... Read More »

Tesla’s potential for profits under scrutiny as Q2 results loom

Any comment from Tesla on its full-year delivery outlook of 360,000 to 400,000 units will be closely watched as well.  ... Read More »

Scams involving your Social Security number and benefits are on the rise

Learn how to protect yourself and others from Social Security scams with our free placemats.  ... Read More »

Fiat Chrysler’s tax incentives may top $400M for Detroit plants

FCA's tax incentives now total $384.5 million and could climb to as high as $422 million if the state of Michigan approves an additional $37.8 million in tax increment financing. ... Read More »

Lyft making driverless data public in bid to speed development

The ride-hailing company hopes sharing its research data will encourage industry and academic collaboration to more quickly solve the technical challenges of autonomous driving. ... Read More »

Liebert Out, Miller in as AutoNation CEO

Cheryl Miller has been promoted from CFO to president and CEO at AutoNation, replacing Carl Liebert, an auto retail outsider who took over as chief executive for founder Mike Jackson just four months ago. ... Read More »