Recent News

Cosworth to build engine parts in suburban Detroit

Cosworth, an English supplier of electronics and powertrain products to high-performance vehicles, said today it will open a $30 million plant in suburban Detroit to make V-8 cylinder heads for an unnamed manufacturer. ... Read More »

NGK Spark Plug’s U.S. unit names new CEO

Japanese auto supplier NGK Spark Plugs (USA) Inc. said it named Yoshitaka Narita as its new president and CEO. ... Read More »

Toyota, Uber form ride-sharing alliance

Toyota is partnering with Uber to explore ride-sharing opportunities and will make a strategic investment in the company. ... Read More »

AP Poll: Two-Thirds of Americans Can’t Afford $1,000 Emergency

NEW YORK — A new poll from The Associated Press shows that two-third of American would have difficulty coming up with the money to cover a $1,000 emergency.Conducted by The Associated Press-NORC Center of Public Affairs Research, the poll showed that 75%...

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Bryan Honda, Reynolds and Reynolds Unveil First ‘Vision’ Dealership

FAYETTEVILLE, N.C. — Dealer software provider Reynolds and Reynolds and Bryan Honda have partnered to convert the Fayetteville, N.C. store into the world’s first “Vision” dealership. The project centers on a new solution that will capture...

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CEO of iLendingDIRECT Honored With Remarketing Award

ENGLEWOOD, Colo. — Nancy Fitzgerald, CEO and president of iLendingDIRECT, was awarded a 2016 Women in Remarketing Award, which recognizes 20 female leaders in the remarketing and used car business.“Nancy Fitzgerald is a well-respected, tenacious go-getter...

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Wayne Reaves Adds Equifax Link to BHPH-Geared DMS

ATLANTA — Wayne Reaves Software, a provider of dealer management software, announced that its dealership management system now allows buy-here, pay-here dealers (BHPH) to furnish credit data to Equifax Inc.The enhancement, which allows for a streamlined reporting...

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AutoTech Protect Releases Technology-Focused Service Contract

CARMEL, Ind. — AutoTech Protect, a technology-focused service contract, is set to launch on May 25. The product will be available in 47 states and offers a cheaper service-contract alternative for customers who want to protect their vehicle's in-car tech...

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GM lightweighting strategy starts to bear fruit

There's more to lightweighting than shedding pounds. It's about getting the weight out of the vehicle and beating your competitors on cost. ... Read More »

VW, U.S. make ‘substantial progress’ toward settlement, judge says

Volkswagen and lawyers for owners and the U.S. government have made "substantial progress" toward reaching a final agreement by late June, a federal judge said today. ... Read More »