Ally's six-year bailout to end as U.S. sells $1.25 billion stakeAuto News

Ally Financial said the Treasury will sell its remaining $1.25 billion stake in the auto lender, resolving one the largest bailouts from the financial crisis six years ago.



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Toyota to invest $126M to expand powertrain operations, consolidate vehicle development in Mich.Auto News

Toyota said today that it will invest $126 million to expand its powertrain operations in Ann Arbor, Mich., and consolidate vehicle development operations at a new facility in nearby York Township, Mich.



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U.S. gas prices drop below $2.50 a gallon, boosting year-end auto salesAuto News

U.S. drivers are paying less than $2.50 a gallon at the gasoline pump for the first time in more than five years, giving a lift to year-end car sales.



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Detroit 3 U.S. Market Share Shift (12/18/14)

GM’s U.S. market share loss since 2000 tops rivals’; Toyota invests in Mich.; BMW closes in on VW;...

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Dealertrack expands beyond U.S. with acquisition of German software providerAuto News

Dealer software giant Dealertrack Technologies is expanding beyond North America with the acquisition of incadea, a dealer software provider based in Germany.



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Cadillac says CT6 rearview mirror will have high-res videoAuto News

Cadillac plans to introduce a rearview mirror embedded with high-resolution streaming video that gives the driver more expansive rearward vision, unobstructed by headrests, passengers and the car's roof or rear pillars.



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Old GM tells New GM to compensate customers for faulty switchesAuto News

GM customers won a key ally in their quest for $10 billion in compensation: the automaker's bankrupt predecessor, which said switch defects were illegally hidden from consumers during the company's 2009 bailout.



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Honda opens $35 million heritage, training center in OhioAuto News

Honda opened a $35 million heritage and training center in Marysville, Ohio, the city where the company became the first Japanese automaker to build a car -- the Accord -- in the U.S., 32 years ago.



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Dealertrack expands beyond U.S. with acquisition of German sofware providerAuto News

Dealer software giant Dealertrack Technologies is expanding beyond North America with the acquisition of incadea, a dealer software provider based in Germany. Dealertrack plans to pay about $190.



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Toyota to invest $126 million to expand powertrain operations in Mich.Auto News

Toyota said today that it will invest $126 million to expand its powertrain operations in Ann Arbor, Mich., and consolidate vehicle development operations at a new facility in nearby York Township, Mich.



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Ford expands Takata driver-side airbag recall in U.S.Auto News

Ford today expanded the recall of older-model Mustang cars that have driver-side Takata airbags with inflators to include about 502,500 vehicles.



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Mercedes recalls 4,871 cars, SUVs in U.S. for possible oil leakAuto News

Mercedes-Benz is recalling 4,871 sedans and SUVs in the United States because of a potential oil leak, according to documents filed with federal safety regulators.



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Takata airbag crisis may spur maintenance changes in JapanAuto News

Takata's airbag crisis could spur changes to how car owners maintain their vehicles, with Japan's automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices.



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Smartphone app Zubie adds automotive retail and service perksAuto News

Drivers don't need a calendar to let them know when to go in for a service check -- Zubie can tell them. And now, the smartphone app is offering perks as well.



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Takata CEO takes out newspaper ads in reaction to airbag crisisAuto News

Takata, the embattled airbag maker, stepped up its response to a global auto-safety crisis by distributing an open letter from its CEO in US and German newspapers.



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U.S. market has never been more competitive, IHS saysAuto News

The battle for market share among the largest eight automakers in the U.S. has never been greater as the range between them continues to narrow, a report from IHS Automotive said today.



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