Recent News

VW, Ford deepen ties with deal on EV, AV tech

Volkswagen will invest $2.6 billion in cash and assets in Argo AI, and Ford has agreed to use VW's flexible electric vehicle platform for a future battery-powered vehicle in Europe. ... Read More »

Webasto chief ‘optimistic’ about tough 2020 goal despite sales dip

The German supplier aims to increase annual sales to $5.6 billion by 2020 despite the end of an eight-year growth spurt last year. Webasto Chairman Holger Engelmann discussed the challenge and more with Automotive News Europe. ... Read More »

Daimler warns on profit again, blames diesel and recall costs

The German automaker warned investors that it expected a second-quarter loss of $1.8 billion because of increased provisions for diesel-emissions issues and Takata airbag recalls. ... Read More »

Toyota preps $398 million Texas investment for truck upgrades

The investment in the plant, which builds Tacomas and Tundras, would boost its capabilities through the installation of additional robotics and other technologies. ... Read More »

GM recalls 160K pickups in Canada for fire risk; no decision on U.S. recall

Only trucks equipped with a power sliding rear window are being recalled, GM Canada said. The prospect for a similar recall in the U.S. was not clear as the automaker continues to investigate.  ... Read More »

Car2Go theft in Chicago is a lesson for car-sharing business

Car2Go's car-sharing fiasco with Mercedes thefts in Chicago accentuates the ugly truth of connectivity and digitalization: Anyone who uses a computer or smartphone device that's connected to the Internet is susceptible to the threats that cybercriminals pose. ... Read More »

MAX Digital Partners With LotVantage to Drive Social Leads

MAX Digital and LotVantage have combined their digital retail and marketing acumen in an effort to make social lead generation easier for auto dealers. ... Read More »

Last VW Beetle Rolls Off Production Line

Volkswagen de Mexico has built its final Beetle, capping a legacy of 21.5 million units sold worldwide — including 5 million in the U.S. alone — and clearing the way for a new SUV. ... Read More »

NIADA Debuts ‘Custom-Tailored’ Compliance System

The National Independent Automobile Dealers Association has partnered with ComplyNet to launch NIADA CMS, a compliance management system designed specifically for independent dealers. ... Read More »

FTC Stops Student Loan Debt Relief Scheme, Charges Operators with Misleading Consumers

Operators allegedly bilked consumers out of more than $23 million The Federal Trade Commission has stopped a student loan debt relief scheme, alleging it bilked more than $23 million from thousands of consumers with false claims that it would service and pay down...

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