Recent News

Toyoda earned $2.84 million last year after bonus doubles

Toyota President Akio Toyoda earned 352 million yen ($2.84 million) in total compensation last year after his bonus doubled to about $2 million, the company said in a regulatory filing today. ... Read More »

FTC Requires Medical Device Company Zimmer Holdings, Inc. to Divest Assets as a Condition of Acquiring Biomet, Inc.

Divestitures Preserve Competition in U.S. Markets for Three Orthopedic Medical Products Medical device company Zimmer Holdings, Inc. has agreed to divest U.S. rights and assets related to unicondylar knee implants, total elbow implants, and bone cement in order...

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FTC Requires Medical Device Company Zimmer Holdings, Inc. to Divest Assets as a Condition of Acquiring Biomet, Inc.

Divestitures Preserve Competition in U.S. Markets for Three Orthopedic Medical Products Medical device company Zimmer Holdings, Inc. has agreed to divest U.S. rights and assets related to unicondylar knee implants, total elbow implants, and bone cement in order...

... Read More »

Honor Finance Secures New Funding Facility

CHICAGO — CIVC Partners, a private investment firm, announced that its portfolio company, Honor Finance, has established a new funding facility with Wells Fargo Securities LLC.This new facility provides a substantial increase in funding capacity to support...

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Ford enters car-sharing, electric bike markets in mobility push

Ford is getting into the car-sharing and electric bike businesses as part of CEO Mark Fields' effort to transform the automaker into a more holistic provider of transportation options. ... Read More »

Denso sees 15-year wait for self-driving car

The technology to make cars fully autonomous probably won't be established until at least 2030, according to Toyota's largest supplier. ... Read More »

Equifax, 700 Credit Expand Partnership

ATLANTA — Equifax Inc. announced today that it has expanded its partnership with 700 Credit to offer dealers a more advanced level of income and employment verification capabilities.Equifax income and employment solutions are powered by The Work Number, a...

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NAMAD, EFG Announce Northwood University Scholarship Recipient

DALLAS, Texas — EFG Companies, together with the National Association of Minority Automobile Dealers (NAMAD), has selected Javante Dilworth as the recipient of their Northwood University private donor scholarship.The annual NAMAD scholarship will fund the...

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Ford moves to advanced stage of autonomous car development

Ford said its work on autonomous vehicles has moved into the second of three phases, shifting "from a research effort to an advanced engineering program" that brings the technology closer to production. ... Read More »

Buick, GMC start adding Apple CarPlay, Android Auto

General Motors is adding Apple CarPlay and Android Auto to some Buick and GMC models, another step in the rollout of the smartphone-like interfaces across GM's portfolio. ... Read More »
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