Recent News

Hyundai freshens Santa Fe family amid U.S. production boost

As it retools its U.S. factory to build more crossovers for truck-loving Americans, Hyundai is updating the midsize Santa Fe and Santa Fe Sport. ... Read More »

Penske Automotive says earnings improved 4.5% in Q4; stock rises

Penske Automotive today posted mixed results for the fourth quarter as earnings from continuing operations improved but net income fell. The company said continuing operations income rose 4.5 percent to $73 million, but net income dropped 2. ... Read More »

FTC Files Federal Court Actions Against Two Office Supply Schemes That Targeted Nonprofits and Small Businesses

The Federal Trade Commission has charged two separate office supply operations with targeting non-profit organizations and small businesses, such as child care centers, educational institutions, churches, and hospitals, and tricking them into paying for overpriced...

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Payment Processor Involved in The Tax Club Telemarketing Scheme Settles FTC Charges

Capital Payments LLC, an Independent Sales Organization (ISO), has agreed to settle Federal Trade Commission charges that it enabled a telemarketing scheme called The Tax Club to use merchant accounts to process consumers’ credit card payments. The Tax Club...

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Payment Processor Involved in The Tax Club Telemarketing Scheme Settles FTC Charges

Capital Payments LLC, an Independent Sales Organization (ISO), has agreed to settle Federal Trade Commission charges that it enabled a telemarketing scheme called The Tax Club to use merchant accounts to process consumers’ credit card payments. The Tax Club...

... Read More »

Ram updates off-road offerings with freshened Power Wagon

Ram is updating back-country, heavy-duty offerings for 2017 with a freshened Power Wagon trim and expanded off-road packages across its three-quarter-ton pickup lineup. ... Read More »

Nissan’s Patrol platform yields a new Armada

The 2017 Armada will no longer share its underpinnings and Mississippi factory with the brawny Titan pickup. ... Read More »

Tesla revenue spikes on Model S demand, but losses grow to $320M

Tesla set a record for deliveries in the fourth quarter as customers ignored sagging oil prices and bought the Model S sedan, the maker of all-electric luxury cars said as it reported a net loss of $320 million, up from $108 million a year earlier. ... Read More »

Tesla revenue spikes on Model S demand, but Q4 losses grow to $320M

Tesla set a record for deliveries in the fourth quarter as customers ignored sagging oil prices and bought the Model S sedan, the maker of all-electric luxury cars said as it reported a net loss of $320 million, up from $108 million a year earlier. ... Read More »

About 1 in 5 U.S. vehicles has open safety recall, Carfax says

Nearly one in five vehicles on U.S. roads is in need of repair of a safety issue serious enough to be involved in a federal government recall, according to used-car history provider Carfax. ... Read More »
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