Recent News

N. America trade deal would provide modest lift, panel finds

The new North American free trade pact would modestly boost the U.S. economy, especially auto parts output, but may curb vehicle assembly and limit consumer choice in light vehicles, a hotly anticipated analysis from the U.S. International Trade Commission showed. ... Read More »

Musk, SEC granted extra week to work out deal

Tesla CEO Elon Musk and the SEC will get another week to settle a dispute over Musk's use of Twitter, a federal judge ruled. ... Read More »

Hyundai hires former Nissan exec Munoz for global, Americas roles

Jose Munoz, the 20-year veteran of Toyota and Nissan, inherits a revitalized Hyundai vehicle lineup in the U.S. and comes with a reputation for pushing hard to achieve his boss's targets. ... Read More »

Indiana Dealer Doc Fee Lawsuits Hang in Balance

A bill that would undo two class-action lawsuits accusing Indiana dealers of charging exorbitant document preparation fees could be signed or vetoed by Gov. Eric Holcomb this week or become law Monday if he takes no action. ... Read More »

Lear closes on $320 million acquisition of software supplier Xevo

Xevo brings Lear the technology that connects drivers with cars and mobile apps through the cloud. ... Read More »

CareGard/AFG Grows Team, Poised for Expansion

CareGard Warranty Services/AFG Companies announced the addition or promotion of four executives and plans to expand facilities and put a new emphasis on income development for dealers and agents. ... Read More »

Uber unveils new safety measures after college student’s murder, report says

Uber security chief Tony West said the company’s app will push out an alert for riders to check the license plate, make and model of the vehicle as well as the name and picture of the driver to confirm the correct person is picking them up. ... Read More »

Why the Why of F&I Matters: Part 1

You have enough training and talent to make a living in F&I, but your PVR won’t budge. Get to the next level by asking why you do this work and how your success or failure affects your customers’ lives. ... Read More »

Daimler to seek $6.75 billion in cost savings at Mercedes, report says

Incoming Daimler CEO Ola Kaellenius is seeking 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars. ... Read More »

Higher new-vehicle prices are juicing used-car market, study says

As new-vehicle prices rise, more consumers continue to shift to the used-vehicle market, according to Cox Automotive's latest Car Buyer Journey study. ... Read More »