Tariq Kamal
Former Associate Publisher
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SEARCHMENUSEARCHFormer Associate Publisher
Bloomberg reports executives and lobbyists representing dealers, manufacturers, and various suppliers are converging on Washington to voice their opposition to new levies on imported vehicles and parts.
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Wells Fargo President and CEO Tim Sloan will retire effective June 30, ending an era marked by a series of scandals that rocked the company’s auto, home, and consumer banking divisions.
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Is the world ready for Renault Nissan Fiat Chrysler? Sources tell the Financial Times FCA could finally have a buyer once Renault and Nissan’s houses are in order, creating a new global automotive manufacturing powerhouse.
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The Supreme Court of Texas has reversed a lower court decision in favor of a Mercedes-Benz dealer who claimed the factory tricked him into purchasing a dealership and won a multimillion-dollar award that was upheld on appeal.
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Acquisitions helped #1 Cochran Automotive and Morgan Auto improve their positions in Automotive News’ most recent list of the nation’s biggest auto retailers, but the top 10 remain entrenched.
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Jiangling Motor must halt production of the Landwind X7, an SUV similar in appearance to the Land Rover Evoque, and pay compensation to Jaguar Land Rover after a Chinese court ruled in the British company’s favor in a landmark copyright suit.
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Rehashing deals at the desk is a losing proposition for the business office, the dealership, and its customers. One expert says dealers and managers must act now or be forced to watch the art of F&I dwindle into obscurity.
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A one-on-one with Bloomberg’s Hannah Elliott did little to lend credibility to Henrik Fisker’s plan to produce a $40,000 all-electric SUV by 2021, when it will face direct competition from Tesla’s Model Y and at least four established highline factories.
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Phil Hellstrom believes work/study programs can help dealers keep their best people on staff while raising the automotive industry’s profile in a near-zero-unemployment job market.
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Pressure on Hyundai and Kia ramped up Monday with the launch of a multistate probe into fires involving the South Korean manufacturers’ Theta II engines and reports suggesting U.S. Sen. Richard Blumenthal will ask for a new investigation at the federal level.
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