Business and Finance
M&A activity declined in 2016, and now dealmakers eye TrumpTue, 24, Jan 2017
The global auto industry looks healthy this year, but PwC says mergers and acquisition experts want to assess President Trump's influence on environmental rules, international trade and the overall economy before pursuing new deals.
VW's $1.21 billion emissions settlement with U.S. dealers OK'd by judgeMon, 23, Jan 2017
U.S. District Judge Charles Breyer granted final approval to VW's settlement worth up to $1.21 billion with 650 U.S. dealers over diesel emissions violations. VW's dealers will receive an average of $1.85 million each over 18 months under the settlement.
Trump signs order withdrawing U.S. from Trans-Pacific trade dealMon, 23, Jan 2017
Ford will offer parts for non-Ford vehiclesTue, 24, Jan 2017
Wal-Mart muscles into auto salesMon, 23, Jan 2017
Wal-Mart Stores, the nation's largest retailer, is jumping into car sales through partnerships with dealership groups, including AutoNation, the nation's largest new-vehicle retailer, and with CarSaver, an online auto retail platform.
Trump to meet with Detroit 3 CEOs amid jobs pushMon, 23, Jan 2017
Lear CEO says he's not planning run for Mich. governorMon, 23, Jan 2017
Dealertrack aims to introduce 'seamless, easy' F&I platformMon, 23, Jan 2017
Dealertrack's next-generation F&I system is a simpler, more deal-centric approach to working with Dealertrack's tools, such as credit applications, bureau reports, compliance tools, desking solutions and F&I product menus. That should allow dealerships to do everything in one place instead of opening multiple programs.
Penske ends no-haggle pilotSat, 21, Jan 2017
Bosch, Mahle to bail out of turbochargers JVMon, 23, Jan 2017
Mahle and Robert Bosch plan to sell their turbocharger partnership, citing a failure to achieve economies of scale despite strong sales growth. Their joint venture, Bosch Mahle Turbo Systems, has two plants in Austria and China and employs 1,400 workers.
Trump tells automakers, manufacturers U.S. will cut regulations, taxesMon, 23, Jan 2017
President Trump met with a dozen prominent American manufacturers, such as Ford and Tesla, and promised them he would slash regulations and cut corporate taxes, but warned them again of penalties if they move production outside the country.