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| UPDATED: 4/20/17 4:03 pm ET - adds state dept. reaction

GM ceases Venezuela operations after government seizes plant

GM shut operations in Venezuela after authorities seized the automaker's local assembly plant and vehicles in the first nationalization of a company's major operations in the country in more than two years.


NADA report shows dealers are hiring as sales plateau, costs rise

Dealerships are hiring, at good wages, even as new-vehicle sales plateau and pretax profit margins remain flat, this year's NADA Data shows.


Hinrichs on Tesla market cap: Markets can be 'irrational'

Joe Hinrichs, Ford's president of the Americas, stopped short of saying Tesla does not deserve to have a higher market value than Ford, but said the metric used by Wall Street investors should be heavily influenced by cash flow.


NADA sticks to 2017 U.S. sales forecast of 17.1 million

A 1.6 percent decline in U.S. new-vehicle sales in the first quarter isn't overly concerning for NADA.

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