Trump plans to nominate Wilbur Ross to head U.S. Commerce Department

President-elect Donald Trump said today he plans to nominate billionaire investor and auto supplier executive Wilbur Ross as Commerce secretary and Todd Ricketts, co-owner of the Chicago Cubs baseball team, as deputy Commerce secretary.

GMC's design head adds Buick duties

GMC head of design Helen Emsley has been given responsibility for Buick as well. She replaces Bryan Nesbitt, who takes on a new role as a global

Sign up for our weekly newsletter

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

Mexican officials hail NAFTA as critical to U.S.

Mexican auto industry officials vigorously defended the North American Free Trade Agreement as critical to U.S. economic competitiveness as they braced for talks between the Mexican government and Donald Trump's incoming administration over the accord's future.

Penske acquires used-only dealership group

Penske Automotive Group is adding used-only vehicle dealerships. The nation’s second-largest auto retailer has signed a deal to acquire CarSense, a stand-alone retailer of used vehicles with stores in Philadelphia, Pittsburgh and southern New Jersey.

Akio Toyoda will head Toyota's EV division

Toyota appointed its president, Akio Toyoda, to lead the automaker's newly formed electric car division, flagging its commitment to develop a technology that the automaker has been slow to embrace.

Former FCA general counsel Loeb joins Chicago law firm
UPDATED: 11/29/16 7:04 pm ET - corrected

Fiat Chrysler's former senior vice president and general counsel, Marjorie Loeb, has been named a partner in the corporate and securities practice of Mayer Brown in Chicago, the law firm announced today.

Jay Leno launches line of vehicle-care products

Jay Leno's career as a car guy is expanding beyond his well-known vehicle collection and national TV show. Jay Leno's Garage -- Advanced Vehicle Care launched Friday, Nov. 25, with a seven-piece vehicle care kit.

NADA's Welch in congress lineup

Peter Welch, president of the National Automobile Dealers Association, will speak at the Automotive News World Congress on Tuesday, Jan. 10.