Canadian sales jump 10% after record year Auto News

Automakers reported a robust 10 percent gain in Canada for January, even as forecasters expect demand in Canada for light vehicles and trucks to level off this year following a record-breaking 2015.

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GM ekes out slim gain; retail up as fleet falls Auto News

General Motors posted a 0.5 percent gain in U.S. sales for January amid strong retail deliveries, and said it would continue to cut back on rental sales in 2016 as a way to boost resale values and brand health.

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Toyota Motor Credit reaches pact with CFPB over discriminatory loan pricingAuto News

U.S. financial regulators said they reached an agreement with Toyota's financial unit for it to pay up to $21.9 million in restitution to thousands of minority borrowers over discriminatory loan pricing.

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Dow CEO Liveris agrees to exit after DuPont mergerAuto News

Dow Chemical CEO Andrew Liveris will leave the company after the completion of its merger with DuPont Co., marking a victory for activist investor Dan Loeb, who had called for his removal.

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Ferrari shares slump to record low after saying sales growth will slowAuto News

Ferrari said sales growth will probably slow down in its first full year of independence from Fiat Chrysler Automobiles, sending the shares to their lowest level since the supercar maker's Oct. 21 initial public offering in New York.

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Snow Chills U.S. Sales (2/2/16)

Snow chills U.S. sales; Road map to fixing Takata?; VW repairs begin in Europe; GM hits back in...
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Automakers post 10 percent gain in Canada salesAuto News

Automakers reported a robust 10 percent gain in Canada for January, even as forecasters expect demand in Canada for light vehicles and trucks to level off this year following a record-breaking 2015.

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Nissan pulls ahead on strength of crossoversAuto News

Nissan brand U.S. sales rose 3 percent in a winter storm-wracked January as crossovers and trucks gained traction.

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Snow storms drive sales down 0.4%; SAAR rises to 17.55 millionAuto News

U.S. auto sales declined 0.4 percent last month, as severe winter weather pushed some consumers to put off car shopping until February. With two fewer sales days, the sales rate still rose to 17.55 million.

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Mazda issues recalls for potential fuel leak, Takata airbagsAuto News

Mazda issued two recalls covering all of its 2014-16 CX-5 crossovers in the U.S. for potential fuel leak concerns, in addition to 2004-06 pickups equipped with Takata airbags.

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Automakers report higher January sales in CanadaAuto News

Automakers reported higher Canadian auto sales for January, even as forecasters expect demand in Canada for light vehicles and trucks to level off this year following a record-breaking 2015.

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VW's sales sink 15% to five-year low; Audi's record run continuesAuto News

Volkswagen's U.S. sales fell 15 percent last month, the embattled brand's third-straight monthly decline, while sibling brand Audi kept up its own streak, recording its 61st monthly U.S. sales record.

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Key Safety Systems to be acquired by Chinese conglomerate in $920 million dealAuto News

Airbag and seat belt supplier Key Safety Systems has agreed to be acquired by Chinese auto conglomerate Ningbo Joyson Electronic Corp. in a $920 million deal.

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Ally posts strong gains in net income for year, Q4Auto News

Ally Financial's fourth-quarter and full-year 2015 profit and net income rose, while auto loan and lease originations remained relatively flat or increased slightly, despite GM's switch to lease exclusivity with GM Financial.

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GM, lawyers ask U.S. judge to reject bid to halt switch settlementAuto News

General Motors has asked a judge to reject efforts by a lawyer who first publicly exposed a faulty ignition switch in GM vehicles to undo a settlement fund resolving 1,380 death and injury lawsuits.

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Key Safety Systems to be acquired by Ningbo Joyson in $920 million dealAuto News

Airbag and seat belt supplier Key Safety Systems has agreed to be acquired by Chinese auto conglomerate Ningbo Joyson Electronic Corp. in a $920 million deal.

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Key Safety Systems to be acquired by China's Ningbo Joyson in $920 million dealAuto News

Airbag and seat belt supplier Key Safety Systems has agreed to be acquired by Chinese auto conglomerate Ningbo Joyson Electronic Corp. in a $920 million deal.

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Ford's rising fleet sales fail to offset 11% decline in retailAuto News

Ford Motor said its retail sales fell 11 percent in January, and a rise in deliveries to car-rental companies wasn't able to fully offset the decline.

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GM ekes out slim gain; retail up as fleet sales sinkAuto News

General Motors posted a 0.5 percent gain in U.S. sales for January amid strong retail deliveries, and said it would continue to cut back on rental sales in 2016 as a way to boost resale values and brand health.

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Microbus-styled mini-MPV to use new electric platformAuto News

The purely-electric and distantly Microbus-related Volkswagen BUDD-e will see production in the near future, Britain's Car magazine reports.

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