Recent News

FTC Staff Supports Proposal for Flexible Physician Supervision of Physician Assistants in Iowa

Federal Trade Commission staff has submitted a comment to the Iowa Board of Physician Assistants supporting a regulatory proposal to define physician supervision of a physician assistant (PA), in response to a Board request for public comments. The comment, submitted...

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China to set communication standard for autonomous cars after 2018

China will revisit in 2018 the standards for vehicle-to-vehicle communication that are vital for driverless cars and lay out a common national standard after that, the chief of the Society of Automotive Engineers of China said today. ... Read More »

Tesla adds $500 million to borrowing capacity amid expansion

Tesla Motors and subsidiaries added about $500 million in borrowing capacity through amended agreements with their lenders, as the electric-car maker enters a year where it will be expanding production and integrating a solar-energy company. ... Read More »

Industry vet Leuliette joins startup Autobrain as adviser to chairman

Longtime auto industry executive Tim Leuliette has been named adviser to the chairman of Autobrain, a startup that specializes in an aftermarket safety plug-and-play device for vehicles. ... Read More »

NHTSA looks into Smart ForTwo engine fires

The National Highway Traffic Safety Administration has opened a preliminary evaluation of complaints that Smart ForTwo vehicle engines catch fire and quickly consume the cars. ... Read More »

RouteOne Targeting Digital Deal With Acquisition of MaximTrak

FARMINGTON HILLS, Mich. — “Eventually is really not acceptable in today’s operating world” was how CEO Justin Oesterle described RouteOne’s decision to acquire F&I solution maker MaximTrak Technologies — a deal which became...

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Volkswagen reaches $1 billion agreement to fix, buy back 3.0-liter U.S. diesels

A federal judge said Volkswagen AG has reached an estimated $1 billion agreement for a mix of buybacks and fixes for about 80,000 polluting 3. ... Read More »

CarMax quarterly earnings rise 6.6% to $137 million

Net earnings at CarMax, the largest U.S. used-car retailer, rose 6.6 percent to $136.6 million in the third fiscal quarter due in large part to a 9.1 percent gain in used unit sales. ... Read More »

Google’s Waymo to show self-driving Pacifica in Detroit

Waymo, Google's new autonomous-technology unit, will debut its self-driving Chrysler Pacifica at the Detroit auto show. ... Read More »

CRM Usage a Struggle for Average Dealerships, Study Shows

MISSION, Kan. — A recent study co-released by VinSolutions and DealerKnows analyzed customer relationship management (CRM) software usage at dealerships and found some notable differences between average and best-in-class dealers.The two firms found that...

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