Recent News

Polestar’s low-cost dealership strategy

Volvo-affiliated EV startup Polestar is proposing a low-cost U.S. dealer network with small and modest stores, no F&I offices, zero inventory and outsourced service. ... Read More »

New leader brings supply-chain savvy to AutoNation

Hundreds of hand-raisers failed to meet Mike Jackson's impossibly high standards for his hand-picked successor as AutoNation's CEO. He finally found what he wanted -- in an executive without auto experience ... Read More »

Honda plant closings shift work to North America

Europe’s loss will be North America’s gain as Honda shutters two European assembly plants in a global push to raise utilization rates above 100 percent. ... Read More »

Six ways to save this year

Start saving, or increase your savings goals, with these tips and resources. ... Read More »

Marella Agnelli, widow of late Fiat chairman, dies at 91

Marella Agnelli, the 91-year-old wife of late Fiat Chairman Gianni Agnelli, died on Saturday at her home in Turin, the Agnelli family said. ... Read More »

Cadillac tweets unrequited valentines

Cadillac wanted to make love, not war, with its luxury rivals on Valentine's Day. The results were mixed. ... Read More »

Chastened VW seeks a greener supply chain

Marred by scandal, VW is turning over a new leaf, telling its suppliers that it will measure their environmental impact and social responsibility on a par with cost and quality. ... Read More »

McLaren hopes high for convertibles

McLaren Automotive's convertible portfolio is going to expand by two models in the coming months with the additions of the 720S Spider and 600LT Spider. And the exotic automaker has high expectations for the open-top variants. ... Read More »

Like EVs, rockets and tunnels, Tesla’s Musk goes big with household finances

Elon Musk, who has routinely used his shares in Tesla to obtain personal loans, recently took out $61 million in mortgages on five properties in California. ... Read More »

FCA sets $14M compensation target for CEO Manley

Fiat Chrysler set an annual compensation target for CEO Mike Manley consisting of pay, cash and equity bonuses of $14 million, the automaker disclosed in a regulatory filing. ... Read More »