Recent News

Utilities raise game to preserve EV tax credit

The upside of tax reform has made many automakers reluctant to put lobbying muscle fully behind a fight to preserve an incentive for a market that only represents 1 percent of sales. But an alliance of environmentalists and utilities is stepping up. ... Read More »

U.S. Senate tax plan preserves EV credit

A U.S. Senate tax reform proposal unveiled on Thursday does not eliminate a $7,500 electric vehicle tax credit as Republicans in the House of Representatives have proposed. ... Read More »

Hyundai mulls more crossover, pickup output at U.S. plant, report says

Hyundai is considering building the Tucson and Kona crossovers and a planned pickup truck at its sole U.S. factory to help reverse a sales slump, the Seoul Economic Daily reported. ... Read More »

Continental sees strong profits ahead as EV push boosts orders

Continental expects "strong" profit and sales in the fourth quarter as carmakers' accelerating embrace of electric and self-driving technologies boost orders at the company's core automotive business. ... Read More »

Bloomberg: Senate Banking Chair Closing In on Bipartisan Dodd-Frank Rollback

WASHINGTON, D.C. — Republican Senator Mike Crapo (R-Idaho) told reporters on Wednesday he’s getting closer to brokering a deal on bipartisan legislation aimed at rolling back parts of the Dodd-Frank Act, according to a Bloomberg report.The lawmaker,...

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Ford CEO: Dumb cars will vanish but smart ones won’t

Ford's top executive says cars aren't going to disappear on tomorrow's connected roadways -- as long as their brainpower can keep up. ... Read More »

Stuart Accepts AFSA’s Distinguished Service Award

WASHINGTON — Andrew Stuart, president and CEO of TD Auto Finance, was honored with the 2017 American Financial Services Association Distinguished Service Award during AFSA’s 101st Annual Meeting this week in Washington, D.C.The DSA is the association’s...

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Stuart Accepts AFSA’s Distinguished Service Award

WASHINGTON — Andrew Stuart, president and CEO of TD Auto Finance, was honored with the 2017 American Financial Services Association Distinguished Service Award during AFSA’s 101st Annual Meeting this week in Washington, D.C.The DSA is the association’s...

... Read More »

Manheim Launches Dealer Sales Channel

ATLANTA — To offer dealers more ways to meet their buying and selling needs on their terms, Manheim has launched a new OVE “Dealer Direct Event” sales channel. The new channel was designed to offer dealers the ability to host digital event sales...

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BorgWarner raises stock dividend 21%

BorgWarner, benefiting from higher revenue and profits, raised its quarterly cash dividend 21 percent a share. ... Read More »
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