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Senators Propose Chinese Connected Car Ban
Just weeks before President Trump is set to meet with the Chinese president, two U.S. senators proposed a bill with the aim of protecting Americans’ data.
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SEARCHMENUSEARCHJust weeks before President Trump is set to meet with the Chinese president, two U.S. senators proposed a bill with the aim of protecting Americans’ data.
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A former Ford Motor Co engineer is being investigated by the FBI after listening devices were found in meeting rooms at company offices, the automaker said on Friday, reported Reuters. “Ford and the FBI are working together on a joint investigation involving a former employee,” Ford spokeswoman Susan Krusel said. “As this is an ongoing ... Read More »
Read More →FORD LAUDERDALE, Fla. — In a quarter in which it posted record second-quarter earnings per share (EPS) from continuing operations, AutoNation’s F&I operations realized an 11.5% increase in revenue from a year ago and a $9 million, or 5%, increase in total gross profit. Average gross profit per vehicle retailed for the nation’s largest auto ... Read More »
Read More →Japan’s Mazda Motor Corp will broaden a recall of cars sold in the United States because an air-bag inflator, supplied by Japan’s Takata Corp, could rupture and seriously injure occupants, reported Reuters. The issue of ruptured inflators – which can hurl metal shrapnel at vehicle occupants – has bedeviled Takata and triggered the recall of ... Read More »
Read More →A $2.5 billion pretax bill for safety recalls and a victims’ compensation fund slashed General Motors Co.’s second-quarter profit and highlighted the work it must do to close a profitability gap with rival Ford Motor Co., which reported stronger results for the quarter ahead of a critical product launch, reported The Wall Street Journal. GM ... Read More »
Read More →CLEARWATER, Fla. – United Development Systems, Inc. (UDS) has been named the 2014 Dealers’ Choice Diamond Award Winner for F&I Training as awarded by Auto Dealer Monthly. For the tenth consecutive year UDS has been ranked in the F&I Training category, while placing 1st in nine out of ten years surveyed. “Ten short years ago, ... Read More »
Read More →General Motors estimated that it would pay victims of an ignition-switch defect about $400 million in settlements through a compensation fund administered by an outside official — although it said the cost could increase by $200 million depending on the number of people who file claims, reported Detroit Free Press. The company eked out a ... Read More »
Read More →Ford Motor Co reported second-quarter operating earnings that beat expectations thanks to record profit in North America, boosting its shares more than 1 percent in early trading, reported Reuters. Pretax profit in North America of $2.44 billion and the company’s first profit in Europe in three years offset weaker-than-expected results in Asia Pacific and South ... Read More »
Read More →General Motors Co. (GM) recalled 717,950 vehicles, including some recent-model Chevrolet Camaros and Buick Regals, to repair seats, turn signals and other parts, reported Bloomberg. The action involves six separate recalls, including 414,333 Camaros, Regals and Buick LaCrosses from model years 2011-2012 to replace a bolt for seat-height adjustments, Detroit-based GM said in a statement ... Read More »
Read More →Ford Motor Co. today announced the first senior executive changes under CEO Mark Fields, reported Michigan Live. The moves affect the Dearborn-based automaker’s research and advanced engineering and luxury Lincoln brand. Kumar Galhotra, currently vice president of engineering, will become vice president and president of Lincoln on Sept. 1, replacing Jim Farley, who will remain ... Read More »
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