News
Hyundai overhaul plan gets more opposition
15 May 2018, 08:00Two influential proxy advisers joined Elliott Management in opposing a nearly $9 billion deal between two Hyundai Motor Group units.
Former Tesla exec O'Connell joins Scott Painter's Fair
15 May 2018, 08:00Fair, the used-vehicle leasing subscription service led by TrueCar founder Scott Painter, has added former Tesla executive Diarmuid O'Connell to its team.
Tesla driver in Utah crash admits to using Autopilot while looking at phone
15 May 2018, 08:00The driver of a Tesla Model S that crashed into a fire authority truck in Utah late Friday told police she was using the car's Autopilot feature at the time of the accident.
How world's first electrified road could lead to slashed EV prices
15 May 2018, 08:00An electrified road in Sweden that is the first in the world to charge vehicles as they drive along is showing promise and could potentially help cut the high cost of electric cars, project backers Vattenfall and Elways told Reuters.
What a $54/month lease offer on $50,000 BMW says about state of EVs
15 May 2018, 08:00The eye-popping discount on a BMW i3 wasn't a fluke. It's a sign of the daunting economics facing carmakers during the slow shift to electric vehicles.
Nissan profit falls on foreign exchange losses, onetime costs
14 May 2018, 08:00Nissan reported a 12 percent slide in operating profit in the most recent quarter as foreign exchange rate losses, deteriorating sales mix and onetime costs.
Making Winterkorn pay for VW's scandal could backfire on automaker
14 May 2018, 08:00Forcing former VW Group CEO Martin Winterkorn to pay for at least some of the nearly $30 billion stemming from the diesel scandal could backfire on the automaker and even drag other top executives -- Chairman Dieter Poetsch and new CEO Herbert Diess...
Union program helps refine transactions
14 May 2018, 08:00Georgia dealership partners with Union Auto Program for union-member leads, smoother transactions.
Mitsu gets back to a profit on N.A. boost
14 May 2018, 08:00Rebounding profits in North America helped troubled Mitsubishi Motors Corp. jump back into the black in the just-finished fiscal year, as the recovering Japanese automaker rode a tail wind of surging sales, big cost cuts and favorable exchange rates.
'U.S. is the highest priority,' Mazda's new CEO says
14 May 2018, 08:00Mazda's incoming CEO will focus on strengthening Mazda's dealership network in the United States and making the most of an expanded partnership with Toyota.