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The Condemnation Was Swift

The Condemnation Was Swift

California’s Simi Valley Ford drew international scorn for an email promising ‘smoking hot deals’ in the midst of a deadly and destructive wildfire.

December 11, 2018

Ghosn, Nissan Indicted in Japan

Ghosn, Nissan Indicted in Japan

Nissan and former executives Carlos Ghosn and Greg Kelly were formally indicted for violations of Japan’s financial instruments and exchange law.

December 10, 2018

Number of EVs to Double by 2021

Number of EVs to Double by 2021

The number of electric vehicles on U.S. roads will double in the next three years, according to a new report from the Edison Electric Institute.

December 8, 2018

Sedans Get Second Chance in Used-Car Market

Sedans Get Second Chance in Used-Car Market

Experts say a growing affordability gap is driving renewed interest in late-model sedans as new-vehicle buyers and manufacturers go all-in on SUVs and trucks.

December 8, 2018

CNCDA: ‘Care by Volvo’ Violates Payment Packing, Franchise Rules
Waymo Rolls Out Self-Driving Taxis

Waymo Rolls Out Self-Driving Taxis

Waymo has set a new standard for driverless-vehicle proponents and ride-hailing providers by launching Waymo One, a revenue-generating autonomous transportation service.

December 5, 2018

Sales Down, SAAR Up in November

Sales Down, SAAR Up in November

New-vehicle sales fell by 0.5% in November, but dealers remain on pace to exceed the 17 million-unit mark by the end of 2018.

December 4, 2018

Trump Seeks to ‘Equalize’ China Auto Tariffs

Trump Seeks to ‘Equalize’ China Auto Tariffs

The Trump administration has threatened a 25% ‘chicken tax’ on Chinese auto imports in the wake of General Motors’ plant closures and ahead of a critical meeting with President Xi Jinping.

November 29, 2018

Cars Outpace Trucks in Lost Value

Cars Outpace Trucks in Lost Value

Black Book’s latest Market Insights Report finds used cars continue to depreciate faster than light trucks, but strong incentives for new cars indicate sustained demand for some types.

November 28, 2018

GM Kills 6 Models in Cost-Cutting Move

GM Kills 6 Models in Cost-Cutting Move

General Motors will end production of six Chevrolet, Cadillac, and Buick sedans as part of a restructuring that will close at least five plants and eliminate more than 14,000 jobs.

November 27, 2018

Ky. Dealer Cleared in Wrongful Death Case

Ky. Dealer Cleared in Wrongful Death Case

The Kentucky Supreme Court ruled against a plaintiff seeking to hold Martin Dodge Chrysler Jeep vicariously liable for the death of a passenger in a sold vehicle titled in the dealership’s name.

November 26, 2018

Calif. Dealers Resist Lincoln Facility Rules

Calif. Dealers Resist Lincoln Facility Rules

The California New Car Dealers Association is pushing back against factory policies threatening financial penalties for failing to build standalone Lincoln stores.

November 23, 2018

Santander Settles CFPB Charges for $11.8M

Santander Settles CFPB Charges for $11.8M

Santander Consumer USA has agreed to pay $9.29 million in restitution and $2.5 million in fines to settle claims leveled by the U.S. Consumer Financial Protection Bureau over the finance source’s GAP and interest-only payments programs.

November 21, 2018

Ghosn Out at Nissan Following Arrest

Ghosn Out at Nissan Following Arrest

Carlos Ghosn will be ousted as head of the Renault-Nissan-Mitsubishi Alliance and face criminal charges in Japan after being accused of underreporting income in official stock market filings.

November 19, 2018

Ford CEO: OEMs Have Edge in Data Monetization