Mercedes won't 'go crazy' to win U.S. luxury raceAuto News

MBUSA CEO Steve Cannon says Mercedes will finish the year strong with record sales. But he won't go crazy with incentives to win the luxury-sales title.

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End of the 'free lunch on interest rates'Auto News

Higher interest rates most likely won't dampen new car sales, but will mean a more competitive environment, and possibly slimmer profits, for automakers, dealers and lenders.

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VW gets extended deadline from Calif. for diesel emissions plan reviewAuto News

The California Air Resources Board said it was extending a deadline to approve or reject a diesel emissions repair plan submitted by Volkswagen for nearly 500,000 2.0-liter vehicles until Jan. 14.

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UAW members ratify contract with steering parts supplier NexteerAuto News

UAW-represented workers approved a new contract with Nexteer Automotive nearly two weeks after overwhelmingly rejecting a previous deal and engaging in a one-day strike.

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