Recent News

FTC Issues Annual Report On Ethanol Market Concentration

The Federal Trade Commission has issued its 2016 Report on Ethanol Market Concentration, an annual report required by the Energy Policy Act of 2005 “to determine whether there is sufficient competition among industry participants to avoid price-setting and...

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Takata shares slump after influential day trader tweets he sold shares

Takata, finalizing a buyer after spurring record auto industry recalls, fell in Tokyo trading after a Japanese day trader told his more than 103,000 Twitter followers he sold shares in the airbag maker. ... Read More »

Honda prices retooled 2017 CR-V from $24,925

Honda's redesigned 2017 CR-V will go on sale next month with a price tag remarkably similar to the outgoing model. ... Read More »

U.S. judge delays court hearing on VW 3.0-liter diesels

District Judge Charles Breyer delayed a Wednesday court hearing on Volkswagen Group's plan to address 80,000 polluting Audi, Porsche and VW 3.0-liter vehicles. ... Read More »

Former FCA general counsel Loeb joins Chicago law firm

Fiat Chrysler's former senior vice president and general counsel, Marjorie Loeb, has been named a partner in the corporate and securities practice of Mayer Brown in Chicago, the law firm announced today. ... Read More »

Electric car startup Lucid plans $700 million plant in Ariz.

Electric car startup Lucid Motors plans to invest $700 million to build a new production facility in Casa Grande, Ariz., the automaker said today. ... Read More »

Judge Blocks Labor Department’s New Overtime Pay Rule

SHERMAN, Texas — Two days before Thanksgiving, a federal judge there blocked the U.S. Department of Labor’s final rule updating overtime regulations under the Fair Labor Standards Act.The new rule, which would have impacted four million workers, including...

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Ford expects $1 billion profit in Europe for 2016, Farley says

Ford of Europe boss Jim Farley said today the automaker expects to make a $1 billion profit in Europe this year, an increase over the $259 million it earned there in 2015. ... Read More »

Ford’s $1 billion profit so far in Europe surpassed annual goal

Ford has already surpassed a $1 billion profit in Europe through the first three quarters of 2016, well over the company's annual goal and nearly four times as much as it earned there in all of 2015. ... Read More »

Black Book: Truck and Car Wholesale Values See Slight Uptick

LAWRENCEVILLE, Ga. — Wholesale values fared well for both cars and trucks during the week following Nov. 18, according to Black Book. Volume weighted, cars realized slightly larger declines in wholesale value than the truck segment; however, both segments...

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