Recent News

Automakers, suppliers struggle to find and keep talent

The increasing stream of engineering openings -- coupled with lower unemployment, less labor force participation and growing North American vehicle production -- underscores the need for the auto industry to attract and invest in younger workers. ... Read More »

CFPB announces 30 new Your Money, Your Goals partners to help low-income consumers

The Office of Financial Empowerment announces 30 new partners selected to participate in Your Money, Your Goals training and expand the reach of financial empowerment tools and information to low-income consumers. The national launch report, released today, outlines...

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CFPB announces 30 new Your Money, Your Goals partners to help low-income consumers

The Office of Financial Empowerment announces 30 new partners selected to participate in Your Money, Your Goals training and expand the reach of financial empowerment tools and information to low-income consumers. The national launch report, released today, outlines...

... Read More »

Cadillac debuts Escala concept, a preview of new design direction coming ‘soon’

Cadillac did something unusual Thursday night: It used the Pebble Beach Concours d'Elegance to debut a concept that might actually reach production. ... Read More »

Protective to Acquire U.S. Warranty Corp.

BIRMINGHAM, Ala. — Protective Life Corp. announced today it has reached an agreement to acquire USWC Holding Co. and all its subsidiaries, which includes F&I product provider U.S. Warranty Corp., through a stock purchase agreement.The acquisition is expected...

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Mercedes Maybach concept is retro on the outside, futuristic on the inside

Photos have leaked out of the Mercedes-Maybach concept car ahead of its full reveal at Monterey Car Week Thursday, showing both retro and modern elements from the luxury sub-brand, punctuated with a very long hood, gull-wing doors and a futuristic... ... Read More »

Mercedes unveils Maybach concept car that harks back to classic aero coupes

Mercedes revealed a Maybach branded two-plus-two concept that is heavily influenced by the 'areo coupes' of yesteryear but with a modern electric engine and high-tech interior. ... Read More »

Dallas dealership group fined for violating 2014 FTC consent order

Southwest Kia, which operates three dealerships in the Dallas area, will pay an $85,000 penalty to settle charges by the Federal Trade Commission that it violated a 2014 consent order that prohibited it from deceptive advertising, the agency said. ... Read More »

Porsche drivers fume: Where’s our VW diesel payout?

Volkswagen settled its diesel deception involving almost 500,000 U.S. automobiles, paying dearly to satisfy car owners affected by the emissions scandal. ... Read More »

CU Direct Network Grows Origination Volume 16.4% in Q1

ONTARIO, Calif. — Credit unions accounted for 25% of all auto originations, with the segment capturing $36.8 billion of the $147 billion in total originations during the first quarter of 2016, according to CU Direct’s State of the Credit Union Auto...

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