TrueCar plots recovery as losses widenAuto News

Car-shopping website TrueCar Inc. reported a 15 percent rise in fourth-quarter revenue but a sharply wider net loss of $27.

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Loaners Aided BMW Sales - Report (2/18/16)

BMW boosted U.S. sales with service loaners; Honda’s hybrid minivan; GM Tenn. plant to make...
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GM to issue debt to shore up U.S. hourly pension planAuto News

General Motors said it will issue new debt to help shore up its pension plan for U.S. hourly workers.

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GM to produce V-8s in Spring Hill, Tenn.Auto News

GM's Spring Hill, Tenn., plant will produce V-8 engines for the first time after the automaker invests $148 million in the facility, the company said today.

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Adesa parent buys Brasher auctions for $283 millionAuto News

KAR Auction Services, the parent company of ADESA, said it plans to acquire eight auto auctions that are part of the ServNet Auction Group.

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Supplier Fujikura moves to expanded North American HQAuto News

Fujikura Automotive America said it moved its North American headquarters to the Detroit suburb of Farmington Hills, Mich.

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BMW buoyed U.S. sales numbers by paying dealers to buy loaners, report saysAuto News

BMW wielded an unlikely tool to hold onto its crown in the U.S. luxury-car market last year: the loaner, people familiar with the matter told Bloomberg.

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Honda debuts upgraded 2-motor hybrid systemAuto News

Honda has tweaked its hybrid system for large vehicles to deliver better power and fuel economy. The improvements debuted in a hybrid Odyssey minivan and build on the two-motor system currently deployed in the Accord Hybrid.

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Takata considering trimming airbag operations, report saysAuto News

Takata, the troubled Japanese supplier at the center of a global airbag recall crisis, is considering trimming its global airbag operations, including consolidating production plants in Europe and shedding overseas jobs, Kyodo News reported.

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Toyota recalls more than 1 million RAV4s in U.S. to fix seat beltsAuto News

Toyota Motor Sales U.S.A. said it is recalling more than a million RAV4 SUVs to fix a potential issue with the seat belts.

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