News

Ferrari dealership in Michigan completes $5 million expansion

13 May 2018, 08:00
The only Ferrari dealership in Michigan is set to show off a $5 million expansion when it opens for business Monday inside a 53,000-square-foot store in the Detroit suburbs.

Auto lending guidance could end, but not scrutiny

13 May 2018, 08:00
The repeal of the Bureau of Consumer Financial Protection's auto loan guidance would be a victory for dealers and lenders, but other regulators will keep an eye on auto lending. The celebration should be short-lived.

Toyoda warns Toyota faces 'life-or-death' battle

13 May 2018, 08:00
Akio Toyoda, warning that his company is locked in a 'life-or-death battle,' says Toyota must redouble cost-cutting efforts even as it books a record profit.

Porsche sees Rennsport audience as primed for EV pitch

13 May 2018, 08:00
Thousands of Porsche enthusiasts gathering in California this fall give the automaker the perfect chance to sell the brand's most loyal consumers on its new EV offerings.

Tesla engineering chief takes break after Musk brushed him aside

12 May 2018, 08:00
Tesla's engineering chief is taking a break from the company, weeks after Elon Musk took over production responsibilities during the rocky ramping up of the Model 3 sedan.

No launch in sight for Elio

12 May 2018, 08:00
Three-wheeled car startup Elio Motors promised to bring 1,500 jobs to General Motors' closed assembly plant in Shreveport, La. Five years later, the venture is still seeking funding.

How Waymo plans to develop and deploy its brand

12 May 2018, 08:00
Instead of spending billions on brick and mortar manufacturing and the development of its own products, Waymo is partnering with automakers.

GM preparing defense unit for deployment

12 May 2018, 08:00
The new GM Defense marks a major growth area and return to military work for the automaker after it sold a previous defense unit to General Dynamics Corp. for $1.1 billion in 2003.

Ford was offered consulting services by Trump's attorney, report says

12 May 2018, 08:00
Donald Trump's personal attorney Michael Cohen, touting his close relationship with the president, offered to provide consulting services to Ford but his overture was rejected, a person briefed on the matter told Reuters.

Automakers seek to use Trump summit to avert war with California

11 May 2018, 08:00
American automakers may be on a mission impossible when they visit the White House today. They want to persuade President Trump to cooperate with Jerry Brown, the Democratic governor of California.
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