A federal judge will hold a hearing Thursday that may offer the first details on any progress in settling over 500 lawsuits filed against VW, supplier Bosch and many current and former top executives over excess emissions in 580,000 U.S.
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CDK buys RedBumper, NewCarIQ
Dealership software company CDK Global has acquired two inventory-management platforms: NewCarIQ and RedBumper.
Read More »U.S. senators urge NHTSA to accelerate Takata airbag recall
U.S. Sens. Edward Markey and Richard Blumenthal today renewed their call for the National Highway Traffic Safety Administration to accelerate the recall of potentially defective Takata airbags.
Read More »Tesla battles GM over right to sell cars in Indiana
Tesla, which has long skirmished with auto dealers over its practice of selling cars directly to consumers, has accused General Motors of being the driving force behind a bill to kick Tesla out of Indiana.
Read More »Chevrolet wants Facebook 'love' for new Malibu
Chevrolet wants the Facebook crowd to not just ‘like’ the new Malibu — it wants people to ‘love’ it.
Read More »GM, Ford have underestimated vulnerability to recession, analyst warns
A Morgan Stanley analyst says profits at General Motors and Ford are more at risk in a recession than the automakers have estimated.
Read More »Lithia Q4 net rises 16% on 11% revenue gain
Lithia Motors’ net income rose 16 percent to $47.7 million in the fourth quarter on strong sales across all operations, the nation’s eighth-largest dealership group said today.
Read More »Tesla offers free towing for up to 500 miles in N.A.
Tesla said it would tow its customers’ cars for up to 500 miles to its nearest service center in North America for free.
Read More »More subprime borrowers fall behind on auto loans
More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for some lenders, automakers and dealers.
Read More »Lexus tops J.D. Power dependability rankings for 5th straight year
Lexus, for the fifth year in a row, is the auto industry’s most dependable brand after three years of ownership, while Buick is the highest-ranking marque among domestic and nonluxury brands for the second consecutive year, according to J.D. Power.
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