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Net income at KAR Auction Services, ADESA's parent, soared in the fourth quarter because of a special gain related to the changes in federal corporate taxes.
Posted: February 20, 2018, 10:50 pm
Autotrader took advantage of its long-standing NBA sponsorship to promote its redesigned website and set a record in online traffic during All-Star Weekend.
Posted: February 20, 2018, 9:29 pm
A Virginia judge rejected a request by VW to delay several of the company's trials over excess emissions because of "inflammatory" comments made by a lawyer representing car owners.
Posted: February 20, 2018, 9:09 pm
Toyota will recall 8,800 Tundra pickups from the 2017 model year for a seat problem, and 65,000 2018 Tundras and Sequoia SUVs for a glitch that could turn off stability control and other systems.
Posted: February 20, 2018, 7:06 pm
FCA CEO Sergio Marchionne collected shares valued at about 29 million euros ($35.7 million) for the three-year period ended in 2016, according to the Italian-American automaker's 2017 annual report.
Posted: February 20, 2018, 3:58 pm
The appetite for electric cars is driving a boom in cobalt production in the Democratic Republic of Congo, where some mines have been found to be dangerous and employ child labor -- a concern for carmakers from Volkswagen to Tesla.
Posted: February 20, 2018, 12:22 pm
General Motors plans to produce two new models in South Korea, a local lawmaker quoted GM executive Barry Engle as saying at a meeting with South Korean members of parliament.
Posted: February 20, 2018, 11:48 am
The Hyundai Nexo fuel cell vehicle marries futuristic fuel cell technology to next-generation autonomous-driving systems in a rolling showcase that aims to quash notions the automaker is a straggler.
Posted: February 20, 2018, 1:00 am
Detroit's heavy-duty and off-road axle and brake maker AxleTech is being reborn as a supplier to electric garbage trucks, buses and construction vehicles.
Posted: February 19, 2018, 5:01 am
Adient reported a painful financial quarter, but more than a year into its makeover, the seating giant is determined to stay focused on future products.
Posted: February 19, 2018, 5:01 am
Auto mirrors will change in the future -- but which technology to bet on? Gentex is ready to go either way.
Posted: February 19, 2018, 5:01 am
Continental needs software engineers. There will be a world of software bugs to keep them busy.
Posted: February 19, 2018, 5:01 am
Lexus has quietly changed the math for the 2018 model year, significantly lowering the hybrid premium for its two most popular crossovers and rolling out a sporty new hybrid platform for its LC halo coupe and LS flagship sedan.
Posted: February 19, 2018, 5:01 am
The analytics tool from Vast helps dealers identify what makes a vehicle unique.
Posted: February 19, 2018, 5:01 am
While elite-level Hyundai dealers in key markets have the chance to bid for Genesis franchises, other pockets of the dealer body are bitter over the tumultuous rollout of the luxury brand's retail network.
Posted: February 19, 2018, 5:01 am
One thing about Marchionne stands out as the onetime tax accountant and philosophy student prepares to step aside after nearly 15 years running first Fiat and now FCA: The guy knows how to make money.
Posted: February 19, 2018, 5:01 am
UAW dissidents see the situation as an opportunity for profound change. They're urging rank-and-file members to "take back" the union from leaders they claim are overly willing to comply with employers' requests.
Posted: February 19, 2018, 5:01 am
Toyota and Mazda's planned north Alabama auto plant will operate as a separate entity, making its own supply chain decisions.
Posted: February 19, 2018, 5:01 am
Renault CEO Carlos Ghosn's final task may be his toughest: Ensure the survival of the alliance after he is no longer around to lead it.
Posted: February 19, 2018, 5:01 am
A Chicago BMW dealership uses art to increase accessory sales.
Posted: February 19, 2018, 5:01 am
Two lenders who ditched dealer reserve in favor of flat fees, when the Consumer Financial Protection Bureau favored the latter, have revised their policies.
Posted: February 19, 2018, 5:01 am
Toyota's latest batch of newly promoted executives injects new diversity of thought, but all are decidedly single-minded in warning that Japan's biggest automaker is beset by industry upheaval.
Posted: February 18, 2018, 5:01 am
Besides Sergio Marchionne, there are 17 men on the FCA group executive council, but realistically, only a handful are likely candidates for CEO.
Posted: February 18, 2018, 5:01 am
GKN has changed CEOs, embarked on a two-year profit drive and now is battling a hostile takeover -- all while launching its advanced eDrive technology.
Posted: February 18, 2018, 5:01 am
Takata received court approval for its bankruptcy exit plan in the United States, clearing the way for the sale of Takata's assets and providing compensation for those injured by its deadly airbags.
Posted: February 17, 2018, 7:48 pm
General Motors is already scaling back operations in South Korea ahead of an announced plant closure there in May.
Posted: February 17, 2018, 5:01 am
Phantom Auto is refining a system that lets remote drivers take over self-driving cars when the cars get stuck.
Posted: February 17, 2018, 5:01 am
Lyft wants to put drivers in cars they can afford, rather than having them take on expensive loans for new vehicles.
Posted: February 17, 2018, 5:01 am
The first commercial ride-hailing service without human drivers has been approved in the United States. Google affiliate Waymo won a permit in January from the Arizona Department of Transportation.
Posted: February 16, 2018, 9:48 pm
Some potential buyers of Tesla's long-delayed Model 3 are concerned that they will miss out on federal tax breaks and are looking for alternatives such as the Chevy Bolt.
Posted: February 16, 2018, 9:13 pm
American Axle posted record sales driven by strong light-truck production, as it continues to absorb the benefits of its Metaldyne acquisition.
Posted: February 16, 2018, 7:23 pm
Princeton Enterprises has purchased the UAW-Chrysler National Training Center building in Detroit for an undisclosed sum.
Posted: February 16, 2018, 7:11 pm
The Commerce Department recommended that President Donald Trump impose a significant range of tariffs and quotas on imported aluminum and steel.
Posted: February 16, 2018, 6:08 pm
Do auto retailers befuddled by the Military Lending Act clarification now have the ear of the White House? Pennsylvania dealer Corina Straub Diehl thinks so.
Posted: February 16, 2018, 5:37 pm
FCA said it would recall about 228,508 trucks in the United States, Canada, Mexico and other markets to prevent drivers from unintentionally shifting their vehicles out of "park."
Posted: February 16, 2018, 2:23 pm
Ford said it will end production of the popular Focus RS hot hatch on April 6 after a limited run of 50 "Heritage Edition" cars to be sold in the United Kingdom.
Posted: February 15, 2018, 10:32 pm
When it comes to making a buck on the black market, a car in pieces -- not intact -- may yield bigger gains for car thieves nationwide.
Posted: February 15, 2018, 9:22 pm
Based on what they Google, Americans are looking for a variety of ways to secure their pets in transit while Germans focus on their audio and Japanese want more comfort.
Posted: February 15, 2018, 9:07 pm
When the new Subaru Ascent reaches dealers this summer, it will be priced well below its competition in the three-row, all-wheel-drive crossover segment, while becoming the brand's most expensive crossover or wagon.
Posted: February 15, 2018, 8:25 pm
Today, President Donald Trump breaks with Republicans, and Uber CEO Dara Khosrowshahi feels really, really sorry for all that trouble his company caused.
Posted: February 15, 2018, 5:41 pm
Toyota's new design chief believes that vehicles will shift towards either generic boxes on wheels for everyday use or ultra-luxury cars, wiping out the need for mass-market models.
Posted: February 15, 2018, 5:21 pm
Chika Kako is a rarity in Toyota's upper echelons. Last month, she was promoted to the second-highest job at the luxury Lexus division, becoming the only woman among the automaker's top 53 managers.
Posted: February 15, 2018, 5:00 pm
Light-vehicle sales are on track to rise to a record of more than 97 million units globally this year, despite a second straight annual decline in North America, according to an LMC forecast.
Posted: February 15, 2018, 4:49 pm
Toyota Motor North America is recalling 21,700 vehicles in the United States after discovering two defects that could lead to fires.
Posted: February 15, 2018, 4:48 pm
Professional wrestler-turned-actor John Cena filed a motion to dismiss Ford's lawsuit against him for flipping his 2017 Liquid Blue GT supercar.
Posted: February 15, 2018, 3:04 pm
Uber CEO Dara Khosrowshahi rattled through the company's ambitions: food delivery, freight, autonomous vehicles and even buses and bikes. Achieving such goals means the company will continue to lose money, he acknowledged.
Posted: February 15, 2018, 12:14 pm
Lincoln has tapped tennis star Serena Williams to help sell the redesigned Navigator SUV in a social media ad campaign that launches Thursday.
Posted: February 15, 2018, 11:00 am
Members of a House panel wonder whether NHTSA is stretched too thin to fulfill a growing list of responsibilities for ensuring motor vehicle safety and reducing traffic-related deaths.
Posted: February 14, 2018, 8:13 pm
GM workers at a South Korean plant staged a protest on Wednesday against its planned closure, calling the move by the American automaker a "death sentence," and threatening a strike.
Posted: February 14, 2018, 12:14 pm
Average credit scores on car loans rose to a six-year high in the fourth quarter, a new report says, a sign that lenders are raising standards as more borrowers fall behind on their bills.
Posted: February 14, 2018, 5:01 am