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TrueCar, California Dealers Association settle lawsuit

TrueCar agreed to change parts of its business model, including its billing, to settle litigation brought by the California New Car Dealers Association.

Ford to move autonomous, EV business units to Detroit

Ford is relocating its autonomous and electric vehicle units to Detroit from nearby Dearborn, Mich., with the new operation slated to be up and running early next year.


European light-vehicle sales rise in November

European registrations rose 6 percent in November, helped by an extra selling day, with Peugeot, Toyota, Dacia and Kia posting strong gains while the Fiat and BMW brands saw sales slide.

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Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

UPDATED: 12/5/17 10:58 am ET - adds excise tax detail
Auto sector escapes big hits in Senate tax bill

The auto industry fared better, on balance, in the tax bill that narrowly passed the Senate on Saturday than in the earlier House version. Now the industry will try to hold onto those gains.

Vehicle subscription services expand

Do you plan to buy, lease or subscribe? That could be a common question from lenders and dealerships as vehicle subscription services grow as an alternative to car ownership in coming years.

GM offering 'flex cash' incentives

GM is offering a new incentive program for its Chevrolet dealers that some argue resembles controversial stair-step incentive plans and gives unfair advantages to larger retailers.

UPDATED: 11/16/17 5:56 pm ET - adds details
Kia prices Stinger sport sedan from $32,800

Kia is adopting competitive pricing on the rwd Stinger to help establish a foothold in the competitive compact luxury sport sedan market.

UPDATED: 11/8/17 1:55 pm ET - corrected
Ally provides $2 billion in financing to Carvana

Ally Financial is tripling its bet on one of the auto industry's disrupters by committing $2 billion to finance retail contracts for online used-vehicle retailer Carvana over the next year.

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