Reagor Dykes Auto Group and Ford Motor Credit will begin mediation proceedings in Dallas Monday despite objections from Ford’s executives and attorneys, who have yet to approve a new proposal to resolve a $112 million floorplan financing dispute.
New IRS rules have sparked a downward trend in refund amounts, threatening the loss of an annual catalyst for used-car sales.
Former U.S. Congressman John David Dingell Jr. has died, leaving a legacy of service to his Michigan district, advocacy for the U.S. auto industry, and pivotal roles in sweeping federal legislation.
Executives and analysts with Cox Automotive listed Kia, Toyota, and Hyundai among the factories whose Super Bowl car commercials sparked interest and traffic among car buyers.
President Trump may not be universally regarded as a man of the people, but auto dealers and other business owners are inarguably benefiting from his administration’s economic policies.
Chairman Jerome Powell confirmed the Federal Reserve is reconsidering two interest-rate hikes planned for 2019 due to a ‘less favorable outlook’ for the global economy.
Former factory alliance leader Carlos Ghosn says Nissan executives conspired to concoct false charges of financial crimes to unwind a potential merger with Renault.
Chevrolet has pulled an ad claiming superior reliability over Ford, Honda, and Toyota following objections from those factories and a critical Jalopnik report.
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.
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.