Recent News

Startup Aeva to work with Denso on lidar sensors

The two companies will collaborate on developing frequency modulated continuous wave lidar for the mass market, the Japanese supplier said. ... Read More »

Nissan to promote contract workers in Japan to full time

The promotions, which will increase expenses, are a sign of Nissan’s confidence in its outlook as the automaker makes progress in its push to cut $2.8 billion in annual fixed costs. ... Read More »

Geely, Tencent team up on smart car technology

The two companies will jointly develop cockpits with mobile and mobility service applications and explore testing of autonomous driving. ... Read More »

Unifor ratifies GM deal that includes $787M retool for electric van production

Members of the Canadian union ratified a three-year contract that includes the commitment for CAMI Assembly in Ingersoll, Ontario, to begin building all-electric delivery vans later this year. ... Read More »

Biden to pick FTC’s Chopra to steer CFPB

Rohit Chopra, whose consumer advocacy views align with Sen. Elizabeth Warren, D-Mass., has been an outspoken critic of some dealership business practices while serving as a member of the FTC. ... Read More »

Rivian hires industry outsider as next CFO

With production of Rivian's first saleable units less than six months away, CEO RJ Scaringe has recruited Claire McDonough from J.P. Morgan. ... Read More »

Jeep plans swift expansion in Japan

The American off-road icon plans to add 18 more dealers in Japan in a bid to increase sales by almost half in the next three years. ... Read More »

Kia drops ‘Motors’ as EV push targets fresh crop of buyers

The brand reboot will begin this quarter with the introduction of Kia's first dedicated electric model. ... Read More »

At-home F&I can be tough, but success stories exist

Finance and insurance is difficult to translate to a home environment, retail experts say. Here are a few strategies for success. ... Read More »

LMP, in bid for automakers’ OK, revises Atlantic deal

The scope of the planned purchase of Atlantic Automotive Group dealerships was reduced because of automaker preferences that retailers not own contiguous dealerships of the same brand. ... Read More »