Ford puts huge ad account up for review Auto News

Ford, citing the need for "greater marketing efficiency, effectiveness and customer insight," while leveraging the "latest tools and technology," placed its global creative advertising account led by WPP's Global Team Blue under review.

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54 years of Mustang Mania (4/20/18)

Exploring 54 years of Mustang mania; As buyers go big, auto loans go long; Wells Fargo fined $1B;...
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Ford puts huge ad account up for reveiw Auto News

Ford, citing the need for "greater marketing efficiency, effectiveness and customer insight," while leveraging the "latest tools and technology," placed its global creative advertising account led by WPP's Global Team Blue under review.

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PSA's Tavares faces toughest opponent yet in German unionAuto News

PSA boss Carlos Tavares, who is no stranger to thrashing out difficult labor deals, is now taking on Germany's powerful IG Metall union, which has been the undoing of many a cost cutter.

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PSA seeks 3,700 Opel job cuts in Germany, labor chief saysAuto News

PSA wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel's labor chief said.

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Truck craze, tech stretch purse strings, auto loans Auto News

Americans' love of pricey pickups, crossovers and SUVs is stretching their wallets, leading lenders to bend over backward to keep monthly payments affordable.

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Truck boom, new tech stretch purse strings, auto loans Auto News

Americans' love of pricey pickups, crossovers and SUVs is stretching their wallets, leading lenders to bend over backward to keep monthly payments affordable.

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Tesla subcontractor's busted jaw triggered safety probeAuto News

Days before Tesla defended its safety record this week, California began inspecting an incident involving a subcontractor who was hospitalized after a piece of factory equipment broke his jaw.

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At Nissan-Renault, the hunt for an 'irreversible,' sustainable futureAuto News

The alliance between Renault and Nissan needs to come up with a sustainable plan -- something "irreversible" -- for a future when Carlos Ghosn is no longer around as chairman to guide the partnership, the top executive says.

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Wells Fargo fined $1 billion for auto loan, mortgage abuseAuto News

The settlement with the CFPB cites Wells Fargo's practice of forcing auto insurance on some customers who took out loans to buy new vehicles. Wells Fargo will also "remediate harmed consumers," the bureau said.

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Wells Fargo to pay $1 billion fine for auto loan, mortgage abuseAuto News

The settlement with federal regulators, led by the CFPB, cites Wells Fargo's practice of forcing auto insurance on some customers who took out loans to buy new vehicles.

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VW's $229M settlement with owners of 3.0-liter diesels cleared by Canada judgeAuto News

An Ontario judge approved a settlement worth up to $229 million with about 20,000 owners of 3.0-liter VW, Audi and Porsche diesel vehicles in Canada affected by VW's emissions violations.

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Nissan to launch 8 electrified vehicles in Japan by 2022Auto News

Nissan aims to stoke sales in Japan by launching eight electrified vehicles and overhauling its dealer network over the next five years.

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At Nissan-Renault, the hunt for an 'irreversible,' sustainable futureAuto News

The alliance between Renault and Nissan needs to come up with a sustainable plan -- something "irreversible" -- for a future when Carlos Ghosn is no longer around as chairman to guide the partnership, the top executive says.

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Porsche's head of powertrain development arrestedAuto News

German police arrested the head of powertrain development at Porsche in connection with parent Volkswagen Group's sweeping diesel emissions violations.

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GM Korea, union fail to reach wage deal Auto News

GM's South Korean unit and its labor union failed to reach a wage deal after another round of talks that sought to stave off a threat of bankruptcy for the unprofitable operation.

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Porsche's head of powertrain development arrested, report saysAuto News

German police arrested the head of powertrain development at Volkswagen's Porsche business and he is being held on remand as he was seen as a flight risk, Reuters reported, citing a person familiar with the matter.

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