Recent News

The big boom in ultraluxury

Ultraluxury car companies project an image of perfection, but their cash flow used to be as unreliable as the cars they built. ... Read More »

Brokers gone bonkers

Growing sales to brokers, empowered by dealerships' needs to meet stair-step incentive goals, are squeezing dealership margins, particularly in New York. ... Read More »

Bitter pill for UAW at GM’s Orion plant

A new agreement could become a template for lowering costs at other car plants that have experienced production declines due to slow-selling products. ... Read More »

Subaru plans reforms after faking fuel economy, emissions data

Subaru says it needs to reform its corporate culture "from the ground up" after admitting it faked fuel economy and emissions data on vehicles in Japan for at least five years. ... Read More »

Flex-N-Gate to recruit new employees from high-poverty neighborhood

Ford supplier Flex-N-Gate is giving residents of one of America's poorest city neighborhoods dibs on 500 new parts jobs. ... Read More »

Ample interiors coming for future Nissan EVs

Nissan executive design chief Satoru Tai says ample interior space will be a hallmark of future Nissan electric vehicle design as the brand embarks on an EV blitz. ... Read More »

Investigation continues into cause of fire at magnesium products supplier

The cause of the fire that ripped through a Meridian Magnesium Products plant in Michigan has yet to be determined and it's unclear when the plant will be fully back online. ... Read More »

American Axle Q1 earnings rise 14%

American Axle said its first-quarter net income rose 14 percent, helped by record sales resulting from its acquisition last year of Metaldyne Performance Group. ... Read More »

Musk hung up on NTSB chief in testy call about Tesla safety probe

Just weeks before Elon Musk held his fractious conference call with Wall Street analysts, he hung up on Washington's top transportation accident investigator. ... Read More »

Menu Selling Reloaded

At Industry Summit 2015 this past September, there were numerous presentations of the newest technology being utilized to make the F&I menu presentation more interactive and time-efficient. I’m amazed at the advancements that have taken place in just...

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