Recent News

Canada open to Mexico’s 5-year NAFTA review proposal

Canada is open to a Mexican proposal to review NAFTA every five years instead of terminating the deal automatically if it is not renegotiated, as the United States has demanded. ... Read More »

Kia prices Stinger sport sedan from $32,800

Kia is adopting competitive pricing on the rwd Stinger to help establish a foothold in the competitive compact luxury sport sedan market. ... Read More »

Facebook Adds New Tools for Auto Dealers

MENLO PARK, Calif. — Facebook has announced the launch of dynamic ads and new updates to lead ads, both specifically designed for automotive businesses, including dealers.The dynamic ads are designed to self-generate based on each dealer’s updated inventory...

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Wells Fargo Dealer Services Adds $5.4M to 2016 Military Repo Settlement

WASHINGTON, D.C. — Wells Fargo Dealer Services agreed to repay another $5.4 million to about 450 servicemembers whose vehicles were repossessed by the bank in violation of the Servicemembers Civil Relief Act, the U.S. Department of Justice announced...

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NAFTA bargainers zero in on light-vehicle content rules

NAFTA negotiators are set to give the most attention to rules for regional content, including light vehicles, in the latest round of trade talks, according to an agenda obtained by Bloomberg. ... Read More »

Manheim to Combine Marketplace Channels

ATLANTA — Manheim will deliver the industry’s first omnichannel experience through its new Marketplace solution, the company announced.Backed by a multiyear investment in the Manheim Marketplace, the company is positioned to offer the most comprehensive...

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Dougherty Joins DealersLink as VP of Sales

BROOMFIELD, Colo. — Automotive systems integration and networking technology provider DealersLink has announced the hiring of Josh Dougherty as vice president of sales. Dougherty will be responsible for recruiting, training and coaching new sales talent to...

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Toyota preps another small crossover concept

Toyota will unwrap a small crossover concept vehicle at the Los Angeles Auto Show geared toward outdoor enthusiasts and urban dwellers. It will be the third crossover concept introduced this year based on the company's new modular platform. ... Read More »

Infiniti rolls out industry-first variable compression engine

When the next-generation Infiniti QX50 crossover arrives next year as a 2019 model, it will be powered by a 2.0-liter turbocharged four-cylinder engine introducing a technology never seen before in a regular production vehicle: variable compression. ... Read More »

Lear CEO Simoncini resigns; seating boss Ray Scott is successor

Lear CEO Matt Simoncini is stepping down, effective Feb. 28, ending a six-year run in the company's top job. Ray Scott, president of the supplier's seating unit, will replace Simoncini. ... Read More »
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