TrueCar CEO Scott Painter to step down by year endAuto News

Scott Painter, founder of the online car-shopping site TrueCar, is stepping down as CEO of the company this year. TrueCar said a successor is expected to take office by year end. Painter, 46, will remain chairman of the company's board of directors.

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TrueCar CEO Scott Painter to step downAuto News

Scott Painter, founder of the online car-shopping site TrueCar, is stepping down as CEO of the company this year. TrueCar said a successor is expected to take office by year end. Painter will remain chairman of the company's board of directors.

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A Tesla Is Hacked (7/16/15)

A Tesla is hacked; Behind FCA’s purchasing makeover; Audi plug-in price tag; VW’s tool for...
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Lear targets acquisitions to enhance electrical unitAuto News

Lear is looking for acquisitions of as much as $1 billion for its electrical unit as automakers' demand for global vehicle platforms drives consolidation among their suppliers.

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Lexus leans on leases as U.S. luxury race tightensAuto News

Lexus is relying more on leasing than BMW and Mercedes-Benz as it challenges the German brands for the lead in U.S. sales of luxury vehicle sales.

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Hackers turn off Tesla Model S at low speedAuto News

Tesla Motors issued a software patch to address security flaws in the Model S that could allow hackers to take control of the sedan.

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Hackers turn off Tesla Model S at low speed, report saysAuto News

Cybersecurity researchers said they took control of a Tesla Model S car and turned it off at low speed, one of six significant flaws they found that could allow hackers to take control of the vehicle, the Financial Times reported.

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GM July sales drop 4% in China, but margins hold upAuto News

General Motors sales in China fell 4 percent year-on-year in July but the U.S. automaker said it remained on track to achieve an upbeat goal for profit margins this year in its second-largest market.

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Nexteer, TI Automotive plan new home offices in suburban DetroitAuto News

Nexteer Automotive said it would locate its new headquarters north of Detroit in Auburn Hills, Mich., by next summer. TI Automotive also said it would lease and build out a new facility in the Detroit suburb

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