Canadian GM workers ratify 4-year labor contractSun, 25, Sep 2016
General Motors workers represented by Canadian union Unifor ratified a four-year contract with the automaker that includes $421 million (C$554 million) in investments and a key change to pension plans for new hires. About 65 percent of workers approved the contract, Unifor said.
A dealer's nightmare: $2 million embezzledMon, 26, Sep 2016
Ford dealer O.C. Welch was stunned a year ago to find out his assistant comptroller was embezzling from him. On Sept. 15, she was sentenced to eight years in prison for stealing nearly $2 million from Welch's South Carolina dealership.
Magna to acquire German automotive closures manufacturerMon, 26, Sep 2016
Magna International's closures unit agreed to acquire the BÍCO Group of Companies, the Canadian supplier said today. Terms of the deal were not disclosed. The transaction is expected to close in the third quarter, Magna said.
Canada 'working closely' with auto industry to bring investment, minister saysMon, 26, Sep 2016
Canada is working closely with automakers to increase investment in the industry, the nation's top economic development minister said today, welcoming the agreement reached between Canada's Unifor union and General Motors.
Texas fairground set for pickup battlesMon, 26, Sep 2016
Texans' love affair with the pickup truck is being put to the test as the economy softens, dragged down by Houston's contracting energy sector and a strong dollar weighing on the state's sizable export sector. But judging by the wares coming to the Texas State Fair this week, the competition for buyers has only intensified.
Let's talk about free trade and jobsMon, 26, Sep 2016
Until we seriously address the issue of retraining laid-off workers and revitalizing hard-hit communities, the anxiety and anger we're seeing in this election will continue.
Dealer's hard line on recalls is costing himMon, 26, Sep 2016
At his Florida Toyota dealership, Earl Stewart implemented a hard-and-fast ban on selling used cars with unrepaired safety recalls. He won't even wholesale used cars with open recalls. It hasn't been easy.
September EquinoxMon, 26, Sep 2016
The 2018 Equinox, unveiled aptly on Sept. 22, will be the first compact crossover offered in North America with a turbocharged diesel engine, according to General Motors.
Anti-UAW worker group at VW Tennessee plant loses representationFri, 23, Sep 2016
A worker group created as an alternative to the UAW at Volkswagen AG's plant in Tennessee has failed to meet minimum membership requirements under the German automaker's labor policy, VW said on Thursday.
Lithia buys Carbone Auto Group, boosts Northeast presenceTue, 13, Sep 2016
Lithia Motors has bought the Carbone Auto Group in a deal estimated to produce $600 million in annual revenue. It also expands Lithia's operations to Vermont, while adding to its existing New York stores.
Tesla cranks up pressure to end ban on direct auto salesFri, 23, Sep 2016
Tesla Motors is cranking up the pressure to sell electric cars directly to customers, after filing its first federal lawsuit over the practice on the home turf of General Motors and Ford. Tesla on Thursday sued the State of Michigan to overturn its ban on direct sales by auto manufacturers.