News

Finance technology leveraging Silicon Valley mindset, auto sales know-how

11 June 2018, 08:00
For dealership fintech companies to be successful in a space where many entrepreneurs have failed, a Silicon Valley mindset combined with traditional auto retail expertise could be a winning combination.

GAC's U.S. launch threatened by tariff battle with China

11 June 2018, 08:00
GAC Motor, angling to become the first homegrown Chinese automaker to export light vehicles to the U.S., is re-evaluating those plans after President Donald Trump's threat to level tariffs on imported vehicles.

China market in control as industry enters new era

11 June 2018, 08:00
China has been the world's biggest auto market since 2009, when it eclipsed the U.S. But only recently has it reached a long-anticipated, and in many quarters, long-feared, tipping point.

Hytch Rewards pitches to industry

10 June 2018, 08:00
Ride-sharing startup Hytch Rewards provides cash to workers who share a ride. The result? Factories can recruit from farther away.

GM's SoftBank deal shows that it has finally earned investor trust

10 June 2018, 08:00
A series of tech announcements involving electrified and autonomous vehicles in the last year have GM finally gaining traction on Wall Street, in terms of price and perception.

Trump torpedoes G7 effort to ease trade spat, threatens auto tariffs

10 June 2018, 08:00
President Trump on Saturday threw the G7's efforts to show a united front on trade into disarray after he became angry with Canadian Prime Minister Justin Trudeau, and said he might double down on import tariffs by hitting the sensitive auto...

Shareholder suit attacks Musk's pay, seeks to overhaul Tesla board

09 June 2018, 08:00
Elon Musk's multi-billion dollar compensation package should be rescinded and the board of Tesla should be overhauled to better protect investors in the electronic car company, according to a lawsuit filed by a shareholder.

Mahindra aims higher with Automobili Pininfarina

09 June 2018, 08:00
Mass-market mogul Anand Mahindra wants to ride Europe's tony design house Pininfarina into the world of hyperluxury.

Tesla and GM diverge on autonomous driving offerings

09 June 2018, 08:00
Autopilot and Super Cruise: The two brand names reflect the diverging visions of autonomy that Tesla and General Motors are offering today's consumers.

UAW-Chrysler training center sues to recover $4.4 million in embezzled funds

09 June 2018, 08:00
The UAW-Chrysler National Training Center, embroiled in a multimillion-dollar federal corruption scandal, sued two former Fiat Chrysler Automobiles officials and a union leader's widow Friday to recover more than $4.4 million in embezzled funds.
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