Net soars at ADESA's parent on tax gains

Net income at KAR Auction Services, ADESA's parent, soared in the fourth quarter because of a special gain related to the changes in federal corporate taxes.

NBA All-Star Weekend boosts Autotrader's new site

Autotrader took advantage of its long-standing NBA sponsorship to promote its redesigned website and set a record in online traffic during All-Star Weekend.

UPDATED: 2/20/18 12:16 pm ET - adds details
Marchionne collects $36 million stock award, $12 million in base pay, bonus

FCA CEO Sergio Marchionne collected shares valued at about 29 million euros ($35.7 million) for the three-year period ended in 2016, according to the Italian-American automaker's 2017 annual report.

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UPDATED: 02/20/2017 2:04 pm ET -- Adds details
Ontario sold most EVs by volume in Canada in 2017

Ontario led Canada with 7,477 sales of battery and plug-in hybrid electric vehicles in 2017 while Quebec had the highest percentage of EVs sold, at 2.2 per cent of all vehicles, says FleetCarma.

2018 Porsche Panamera Sport Turismo: Agile, supple and abject absurdity

New for the 2018 Porsche lineup is the Panamera Sport Turismo, a wagon variant. The Sport Turismo is the first Panamera to be sold in the U.S. with five seat positions and reflects the freshening that its sedan sibling received for the 2018 model year. Porsche says the wagon accounts for about 10 percent of U.S. Panamera orders. Here's a mixture of snippets from reviews of the Panamera Sport Turismo and Panamera Turbo Sport Turismo from the automotive media.

First Shift: A lifeline for GM Korea?

GM said to offer debt-for-equity swap to buoy Korea unit; Toyota finds way to cut EV battery costs; Hyundai Nexo rolling tech showcase; World without Camrys?; Cars, pets and Google.

LETTER TO THE EDITOR
First service visit: Who cares?

About two years ago, I leased an Acura MDX. I do not remember whether people at the dealership asked me about scheduling a service visit. If they did, I would have said no.


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