Recent News

Uber’s pandemic delivery boom fails to offset sales decline

Despite the revenue shortfall, the ride-hailing giant narrowed its loss in the quarter that ended in December, riding a wave of deals that shed some of its more fanciful pursuits. ... Read More »

Auto retail veteran McLarty leads new SPAC

Franklin McLarty said last week that MDH is open to automotive retail as a target sector, but he and his team likely aren't interested in traditional franchised dealerships. ... Read More »

SK Innovation loses battery trade case but gets temporary OK to sell to Ford, VW

The ITC said it would permit SK to import components for Ford's EV F-150 program for four years, and for Volkswagen of America's MEB electric vehicle line for two years to permit the automakers to transition to new domestic suppliers for these programs. ... Read More »

F&I Tip of the Week: Lease-Complementing F&I Protections

Most people are drawn to a lease because of the options they have at the end of the lease. But leasing does involve some obligations. F&I trainer John Tabar says it's those responsibilities that represent an opportunity for producers to increase product enrollment...

... Read More »

UAW has selected 3 candidates for independent U.S. monitor

UAW President Rory Gamble said the union had completed the interview process weeks ahead of schedule. The government can either approve one of the union's candidates or seek additional options. ... Read More »

RecovR Disrupts the Vehicle Lot Management and Theft Recovery Market with Innovative New Capabilities & Business Model

Next-generation location solution offers car dealers the opportunity to increase lot efficiency and offer an attractive new theft recovery solution to car buyers. ... Read More »

The World’s Top 10 Car Manufacturers Submitting the Most Patents

Bristol Street Motors has revealed which car brands are driving automotive innovation and who is investing the most into electric and autonomous technologies. ... Read More »

VW Mexico to adjust Jetta output until March 5 over semiconductors

The adjustment would be for three days, spread over three different weeks, starting this week, Volkswagen said. ... Read More »

Toyota, Lyft partner to provide Mirai rentals to Vancouver-area drivers

Twenty-four Mirais will be made available to Lyft drivers through Kinto Share, Toyota’s new-vehicle rental program. ... Read More »

GM swings to $2.8 billion Q4 profit

Global revenue in the fourth quarter rose 22 percent to $37.5 billion and adjusted earnings before interest and taxes rose to $3.7 billion from $105 million a year earlier. ... Read More »