New CFPB rule prohibits lenders from forcing arbitration Auto News

The CFPB banned banks and other financial services companies from including mandatory arbitration clauses in contracts to prevent consumers pursuing claims of wrongdoing from joining class-action lawsuits.

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Former interim NHTSA chief Friedman takes policy role at Consumers UnionAuto News

David Friedman, the former interim head of NHTSA who steered the agency through the GM recall crisis, was named to a key policy post at Consumers Union.

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Musk Rockets to Top of CEO Pay List (7/10/17)

Musk rockets to top in CEO pay; Honda confirms death of person repairing car equipped with Takata...
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FCA alone in top 10 radio advertisersAuto News

GM led all automakers in ad spending last year, but FCA was the only one to rank in the top 10 in radio spending, according to Advertising Age.

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Honda confirms 11th U.S. death tied to ruptured Takata airbag inflatorAuto News

Honda said it confirmed an 11th U.S. death involving one of its vehicles tied to a faulty Takata airbag inflator.

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U.S. judge to name Feinberg as Fiat Chrysler diesel settlement master Auto News

A U.S. judge overseeing lawsuits against Fiat Chrysler over its alleged excess diesel emissions said he intends to name well-known compensation expert Ken Feinberg to try to reach a settlement.

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Cooper-Standard expects to double China sales in 4 yearsAuto News

Cooper-Standard expects to double China revenues by 2021 by expanding output of sealing, fuel system and anti-vibration components to meet rising auto production, CEO Jeffrey Edwards said.

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Chevy's Mahoney refocuses the brand's global marketing footprintAuto News

Since taking over as Chevrolet's global chief marketing officer in 2013, Tim Mahoney has steered the brand's "Find New Roads" campaign. But his geographic responsibilities have been shrinking.

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Porsche under investigation by German prosecutors for fraud, false advertisingAuto News

The Stuttgart prosecutor's office said employees at Porsche AG and its United States subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions.

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Infiniti tops sales-prospects surveyAuto News

Infiniti snared the top spot for the second straight year in a study on prospect satisfaction with dealerships, while Tesla improved the most -- but remained dead last.

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Study the financials and the people in buy-sell deals, advisers sayAuto News

In most buy-sells, buyers research the financials of a targeted dealership. But few study the level of employee and customer engagement. Here's why they should.

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Tesla Model 3 production newest challengeAuto News

The challenges of growing up appear to be setting in for Tesla, as the automotive darling begins production of the highly anticipated Model 3.

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Volvo electrification plan signals end of an eraAuto News

Volvo's decision to focus on electrified models represents an about-face for the Chinese-owned brand. It had previously said pure electric cars didn't make a great business case.

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VW randd chief sees need for more battery production capacityAuto News

A massive shortage in lithium ion battery cells could plague the global car industry in the coming decade if capacity equivalent to 40 Tesla gigafactories is not added by 2025, according to estimates from Volkswagen Group.

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Bigger next-gen Ford Focus gets a new look#8203; Auto News

Spy photos suggest the new Ford Focus coming next year will have a larger footprint and a new profile.

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Toyota builds up its data center in search of opportunitiesAuto News

Toyota's new connected-car unit lives apart from the automaker's massive North American headquarters in Plano, Texas. That's the way executives wanted it.

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U.S. auto sales shift to a more profitable mixAuto News

For many automakers, the fact that consumers are snapping up high-margin SUVs and crossovers instead of less-expensive sedans has been a boon.

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Bosch maneuvers for growth in the mobility eraAuto News

The supply giant's mobility technologies are already selling well. But the competition is getting stiffer as large tech companies and startups join the fray.

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NADA sees rising incentives but no sales collapseAuto News

Targeted incentives likely will continue rising this year as lease returns and lack of consumer demand pressure sedan pricing, NADA's chief economist forecasts.

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Digital tools help dealers snoop on their competitorsAuto News

In a world where some consumers are concerned about Big Brother watching their every online move, dealers have to wield this newfound power carefully.

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