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Ford, VW Partner on Fleet, Autonomy, Electrification

Ford, VW Partner on Fleet, Autonomy, Electrification

Ford Motor Co. and Volkswagen Group announced the first formal steps toward a partnership that will produce new commercial vehicles and pursue shared innovations in mobile services, autonomy, and electrification.

January 15, 2019

FCA Will Pay $700M to Settle Diesel Dispute

FCA Will Pay $700M to Settle Diesel Dispute

Fiat Chrysler Automobiles has agreed to pay at least $311 million in penalties and $280 million to settle lawsuits brought by the U.S. Department of Justice, the State of California, and Jeep and Ram buyers over 104,000 diesel engines regulators say illegally emitted excess emissions.

January 10, 2019

Big December Pushes 2018 New-Vehicle Sales to 17.33M

Big December Pushes 2018 New-Vehicle Sales to 17.33M

U.S. new-vehicle sales finished at 17.33 million units in 2018, a year that saw light trucks push their total market share to a record-high 69% while cars continued to fall out of favor among manufacturers and consumers.

January 7, 2019

Technology, Tariffs, and Technicians: Charlie Gilchrist to Lead NADA Through New Challenges
CFPB Abandons Name Change Following Mulvaney Departure

CFPB Abandons Name Change Following Mulvaney Departure

An internal memo from the Consumer Financial Protection Bureau’s new director confirms the agency will not complete the renaming process that began under recently departed acting director Mick Mulvaney.

January 3, 2019

Whistleblower: Kia Ignoring True Cause of Vehicle Fires

Whistleblower: Kia Ignoring True Cause of Vehicle Fires

A former Kia Motors America employee claims to have identified the probable cause of a series of noncollision vehicle fires and says his concerns were ignored for more than a year before he resigned last month.

January 2, 2019

Fed Raises Interest Rate, Lowers Growth Forecast
Trump Wins China Auto Tariff Standoff

Trump Wins China Auto Tariff Standoff

China has agreed to reduce import taxes on U.S.-built vehicles from 40% to 15% for the duration of a 90-day countdown to a new trade deal between the world’s two largest economies.

December 14, 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