Hyundai

Sonic's loss widens despite record Q1 revenue

Sonic Automotive's revenue rose to a first-quarter record on gains in F&I and new- and used-vehicle sales, but the retailer's net loss widened from a year earlier.

GM, South Korea to invest $4.35 billion in troubled unit

General Motors and South Korea agreed to inject $4.35 billion into the company's unprofitable local arm to keep it afloat after it came close to seeking bankruptcy protection.

UPDATED: 4/23/18 10:38 am ET -- adds details

FTC warns against warranty-voiding policies

Hyundai Motor America was one of six companies selling cars, cellphones and video gaming systems which received FTC warning letters about illegal warranty-voiding practices.

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