Dealers owned by former NFL stars seek to dismiss lawsuit, ask for arbitrationAuto News

A trio of dealers accused by two automakers' captive financiers of failing to repay floorplan loans is asking a court to dismiss a lawsuit filed by Hyundai Capital America and order arbitration.

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Defendants in Hazleton Hyundai, Kia lawsuits seek dismissal, arbitrationAuto News

A trio of dealers accused by two automakers' captive finance companies of failing to repay floorplan loans for hundreds of vehicles in violation of their lending agreements is asking a Pennsylvania court to dismiss a lawsuit filed by Hyundai Capital...

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CarMax Idles 4 Stores as Florence Closes In (9/12/18)

CarMax idles 4 stores as Florence nears; ‘Heavily American’ Nissan counting on...
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Avoid knee-jerk reactions to tax and tariff changesAuto News

Overseas and domestic automotive companies should think long and hard about buying or building plants to take advantage of recent tax cuts, tariff threats or the depressed euro.

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CarMax closes four stores as Hurricane Florence churns toward CarolinasAuto News

CarMax has closed four stores in North Carolina, South Carolina and Virginia as Hurricane Florence approaches the east coast as a Category 4 storm.

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Chinese electric carmaker NIO slumps in Wall Street debutAuto News

Shares of Chinese electric carmaker NIO Inc. fell as much as 15 percent in their market debut, a day after its public offering was priced at the lower end of an expected range.

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VW CEO warns of higher than expected EV costsAuto News

Volkswagen warned that ambitious plans to offer an electric version of each model will cost more than it estimated, forcing the carmaker to deepen an efficiency push to meet the spending demands.

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Porsche's latest experiments with on-demand accessAuto News

Porsche's ongoing experimentation with on-demand vehicle access has generated two more pilot programs. The goal: Find ways to get people into Porsches.

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California 'comforted' by Trump officials after authority threatAuto News

The head of the California's clean air agency doesn't expect a protracted court fight from President Donald Trump's proposed challenge to the state's legal authority to regulate tailpipe emissions.

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Porsche's latest experiments with on-demand accessAuto News

Porsche's ongoing experimentation with on-demand vehicle access has generated two more pilot programs. The goal: Find ways to get people into Porsches.

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Lexus dumps side mirrors for sleek digital camera on next ESAuto News

Lexus is dropping traditional side mirrors for sleek digital cameras in what it calls an industry-first move to improve safety, visibility and cabin solitude.

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Why Fiat Chrysler wants $7 billion for Magneti MarelliAuto News

Fiat Chrysler Automobiles is seeking more than $7 billion for its car-part unit Magneti Marelli in exclusive sale talks with a supplier owned by KKR, Bloomberg reported.

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2020 Kia Telluride goes big amid New York Fashion WeekAuto News

The 2020 Telluride will become the biggest crossover in Kia's lineup as the brand weaves into New York fashion week to help capitalize on the ongoing consumer shift to crossovers.

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Pioneer gets financial lifeline as car navigation business strugglesAuto News

Pioneer secured a bailout worth up to $540 million from Baring Private Equity Asia, after failed bets on car navigation and audio systems saddled it with debt and pushed it into the red.

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Nissan exits Europe's compact car segmentAuto News

Nissan has stopped building the Pulsar hatchback for Europe and will end production of the Almera sedan in Russia later this year.

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VW brand must become significantly more efficient, Diess saysAuto News

The VW brand needs higher profits to be able to finance its future, VW Group CEO Herbert Diess told the automaker's staff magazine.

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N.Y. BMW store relied on unusual marketing, a powerful brand and being fortunate during the Great RecessionAuto News

Luck, a good location, unique marketing and a strong brand helped a BMW store climb into the black after opening just as the recession hit.

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Expanding service, parts, body shop operations helped Toyota dealership weather the recessionAuto News

North Carolina's Modern Toyota reassigned staffers rather than let them go and relied heavily on fixed operations when consumers were servicing, but not buying, cars.

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VW struggles to escape diesel scandal falloutAuto News

Three years after admitting to cheating diesel-emissions tests, Volkswagen is still struggling to escape the scandal as it faces another wave of claims from investors and customers. Current and former executives remain under investigation.

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