AutoCanada buys Chicago dealership group

AutoCanada, Canada's only public auto retailer, is buying most of the Grossinger Auto Group in Chicago, giving it a foothold in the United States -- with plans for more growth.

MITSUBISHI: Outlander PHEV leads sales charge

Mitsubishi Motors North America is coming off its best sales year in the U.S. since 2007. With an injection of new product arriving this year, the automaker figures to keep sales increasing.

UPDATED: 3/21/18 11:53 pm ET - adds details
Ford loses chief brand officer, CEO of Smart Mobility unit

Ford Motor Co. is losing the head of its smart mobility subsidiary and its chief brand officer less than two years after each joined the company. The departures come a month after the unexpected ousting of Ford's president of North America.

U.S. prepares to restrict China investments

Treasury Secretary Steven Mnuchin said the agency has prepared U.S. investment restrictions on China for President Donald Trump to consider as part of his upcoming announcements on intellectual property actions against Beijing.

BMW will add i4 electric car

BMW will expand its i family of electrified cars with the i4 full-electric model. The i4 will be one of 12 battery-electric models BMW aims to have in showrooms by 2025.

Nissan's Parker, Wheeler get new duties

Nissan North American has reassigned several of its top sales executives, including Infiniti chief Randy Parker and Nissan brand sales executive Judy Wheeler, to new posts.

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