Why Ford is launching a new China-only crossoverAuto News

Ford hopes a new midsize crossover in China will help it stem mounting losses in the world's largest vehicle market.

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Toyota hosts musicians at LollapaloozaAuto News

In the latest new video to join our viral video charts, Toyota attends Lollapalooza in Chicago.

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Elon Musk's potential LBO would be largest ever, valuing Tesla at $82 billionAuto News

Based on Elon Musk's tweets, the transaction described for Tesla could be the largest leveraged buyout in history and value the company a $82 billion.

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Alabama dealership to pay $114,000 in penalties after 3 employee deathsAuto News

Employees of Carl Cannon Chevrolet-Buick-GMC-Cadillac, of Jasper, Ala., were using a flammable brake wash to scrub the service pit floor at the time of a flash fire in the dealership in June 2017.

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Texas dealership files for bankruptcy after Ford Credit lawsuitAuto News

Reagor Dykes Auto Group of Lubbock, Texas, after being sued by Ford Credit for financing violations, has filed for Chapter 11 bankruptcy protection.

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Group 1 boosts Honda portfolio in Louisiana, Texas Auto News

Group 1 Automotive is expanding its portfolio of Honda dealerships while strengthening its footprint across Louisiana and Texas.

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Swaps might help keep payments manageableAuto News

As interest rates rise, some dealership groups may consider implementing a hedging tool called a swap to keep payments manageable.

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Why Ford is paying dealers $1,000 for each old Ranger fixed under recallAuto News

Ford Motor Co. is offering its U.S. dealers $1,000 to locate every remaining 2006 model year Ranger on a "do not drive" list issued earlier this year.

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Tesla Trades Halted After Musk Tweet About Going Private (8/7/18)

Tesla trading halted after Musk tweet about going private; Tesla begins hiring in Shanghai; Ala....
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Ford F-150 Supercrew investigated after complaints of fires linked to seat beltsAuto News

NHTSA said there were five complaints alleging fires following the activation of seat-belt pretensioners made by ZF TRW or Takata Corp. during a crash involving the vehicles.

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Elon Musk's Twitter account says he is considering taking Tesla private at $420Auto News

Elon Musk is considering taking Tesla private, according to a tweet on Tuesday from the CEO's verified account. "Am considering taking Tesla private at $420. Funding secured," Musk's verified account said.

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Mike Groff, CEO of Toyota's captive finance unit, to retire Aug. 31Auto News

After 35 years with the automaker, Mike Groff, Toyota Financial Services CEO, will retire Aug. 31. Toyota Financial executive Mark Templin will replace him starting Sept. 1.

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After 35 years with Toyota, captive CEO Mike Gross to retireAuto News

After 35 years with the automaker, Mike Groff, Toyota Financial Services CEO, will retire Aug. 31. Toyota Financial executive Mark Templin will replace him starting Sept. 1.

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GM expands in-dash fuel payment nationwideAuto News

General Motors is expanding its in-dash fuel payment service to millions of vehicles and thousands of fuel stations nationwide

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California returns fire at Trump's call to rescind its authorityAuto News

Last week, President Donald Trump proposed gutting California's unique ability to write greenhouse gas emission limits for cars and trucks. Now California is firing its own heavy artillery.

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Tesla starts hiring in China before breaking groundAuto News

Cash-strapped Tesla has yet to reveal details of the investment needed for its Shanghai plant. But it has already started hiring for the facility.

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Trump said CAFE re-do will help auto workers. Will it?Auto News

President Donald Trump framed his decision to revisit fuel-economy regulations as a move to help American auto workers. But some experts and agencies say those workers may be less in-demand if the proposal takes effect.

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Uber death may have been avoidable with Volvo's tech, IIHS saysAuto News

The Uber self-driving test vehicle that killed a pedestrian in Arizona this year may have been able to avoid the crash had the ride-hailing company not disabled Volvo Cars' safety system, according to IIHS.

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New Fiat Chrysler CEO Mike Manley among execs meeting with Trump in New JerseyAuto News

President Donald Trump will meet Tuesday with leaders from more than a dozen major companies, including Fiat Chrysler new CEO Mike Manley, as he shapes his economic message heading into midterm elections.

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Daimler abandons Iran expansion plans as sanctions biteAuto News

Daimler has dropped plans to expand its Iran business in reaction to renewed U.S. sanctions.

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China's vehicle imports tumble 87% in June ahead of tariff changesAuto News

Imports declined in June as automakers delayed shipments before tariff cuts on foreign-made vehicles took effect last month, according to an industry association.

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