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Jan
26th

Service departments search for talented technicians

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Service shops can have the most advanced technology in the industry, but it won't mean anything if there aren't enough technicians out there that know how to use it.
Jan
26th

Trump floats 20% border tax for wall as Mexico feud deepens

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The Trump administration floated a 20 percent tax on imports from Mexico to pay for a wall along the southern U.S. border, a plan revealed hours after Mexican President President Enrique Pena Nieto canceled a meeting with Trump.
Jan
26th

BMW Group Canada, Reynolds ink DMS agreement

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BMW Group Canada will convert all of its franchised stores in Canada to Reynolds and Reynolds' Windows-based ERA-IGNITE dealership management system.
Jan
26th

Lear’s Q4 core earnings rise 7% to $386 million

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Auto supplier Lear said it posted record fourth-quarter core operating earnings of $386 million, up 7 percent from a year earlier, thanks to strong operating performances in its seating and electrical systems segments.
Jan
26th

Tesla sues former head of Autopilot, former Google exec Urmson

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Tesla Motors is suing its former head of Autopilot software for stealing company information and recruiting Tesla employees for a competing startup while still employed by the automaker.
Jan
26th

Lynk, ahead of U.S. launch, keeps a wary eye on Trump

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Chinese automaker Geely Automobile Holdings, the owner of Volvo cars, plans to roll out its mid-priced Lynk and CO brand in the United States and Europe in early 2019, but cautioned those plans could change if President Donald Trump imposes a border...
Jan
26th

Asbury CFO Style leaves for privately owned company

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Keith Style, CFO of Asbury Automotive Group Inc., is leaving the dealership group to join an unnamed, privately owned company as president and CFO, Asbury said in a statement.
Jan
26th

Dealertrack DMS launches platform to help dealers digest data

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Dealertrack DMS launched a business intelligence platform this week that breaks down the dense data that stores compile so that dealers can easily digest it and make informed decisions.
Jan
26th

FCA books bumper EUR1.8bn net profit in 2016

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Fiat Chrysler Automobiles (FCA) has posted net profit of EUR1.8 billion for 2016 (USD1.9bn) compared with just EUR93m in the previous year when it was impacted by restructuring and recall costs.
Jan
26th

Mazda’s U.S. chief reassigned in leadership shuffle

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Robert Davis is out as senior vice president of Mazda's U.S. operations as part of a leadership shuffle at the automaker's North American division, in the wake of a 6.7 percent decline in U.S. sales last year.
Jan
26th

Tesla’s Musk floats idea of a carbon tax to Trump, CEOs

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Tesla CEO Elon Musk is pressing the Trump administration to adopt a tax on carbon emissions, raising the issue directly with President Donald Trump and U.S. business leaders at a White House meeting Monday regarding manufacturing.
Jan
26th

New car prices and specs guide 2018

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Ford Fiesta Active vs Citroen C3 Aircross vs SsangYong Tivoli - header
Features 16 Aug, 2018

The latest new car prices and specifications from mpg fuel economy and emissions to top speed, 0-60mph, insurance groups and safety scores

Jan
26th

The most expensive cars sold at RM Sotheby’s Paris auction

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RM Sotheby's 2017 Paris auction - header
News 9 Feb, 2017

Lots at the RM Sotheby's Paris auction included countless Ferraris, a Porsche Can-Am prototype and more

Jan
26th

Fields sees possible benefits from Trump revisions on tax code

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Ford CEO Mark Fields said potential Trump administration tax code revisions, including a possible 'border tax' on imports from Mexico, could be positive for the automaker.
Jan
26th

Audi strike bellwether for Hungary labour pressure

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Hungary's Association of Automotive Component Manufacturers (MAJOSZ) says today's (26 January) walkout by Audi workers in the country is symptomatic of severe wage pressure being exerted from dire labour shortages.
Jan
26th

EU gets tougher over defeat devices after VW scandal

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The European Commission issued guidance on how EU countries should enforce a ban on defeat devices. EU officials said the move would likely lead to legal action against countries that fail to clamp down on cheating of diesel emissions regulations.
Jan
26th

EU gets tougher over defeat devices after VW emissions scandal

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The European Commission issued guidance on how EU countries should enforce a ban on defeat devices. EU officials said the move would likely lead to legal action against countries that fail to clamp down on cheating of diesel emissions regulations.
Jan
26th

US analysts see January sales down 0.7% – 3.0%

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Edmunds.com has forecast 1,153,459 new cars and trucks will be sold in the US in January, for an estimated seasonally adjusted annual rate (SAAR) of 17.7m. This would be down 0.7% year on year and 31.5% lower than December 2016 sales. Kelley Blue Book reckons sales will be down 3% to 1.13m next month for an estimated SAAR of 17.4m.
Jan
26th

Lear enjoys a good year

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Seat and electrical systems supplier Lear Corporation said fourth quarter (Q4) sales were down 2% year on year to $4.6bn, down 2% from a year ago. Net income of $230m and adjusted net income of $270m compared with $235m and $245m in 2015.
Jan
26th

VW’s compliance head quit automaker after being sidelined in emissions scandal, report says

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Volkswagen Group's compliance chief, Christine Hohmann-Dennhardt, who has quit the company, was sidelined as the automaker negotiated with U.S. authorities to resolve its emissions scandal, sources told Reuters.
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