Federal grand jury probes FCA's U.S. salesTue, 26, Jul 2016
Some of Fiat Chrysler's U.S. dealers have begun receiving subpoenas to provide documents and or testimony to a federal grand jury in Detroit as part of a probe into the company's sales reporting practices.
FCA restates U.S. sales, says winning streak ended 3 years agoTue, 26, Jul 2016
Fiat Chrysler is changing the way it reports monthly U.S. sales to make the process more transparent, and as a result of the change, said its 75-month sales streak actually ended at 41 months, in September 2013.
Store expects its used-car leasing to growMon, 25, Jul 2016
Dealer Wes Lutz took used-vehicle leasing into his own hands. He offers his customers leases on late-model used cars and trucks that, in some cases, can cut payments in half compared with purchasing a new vehicle of the same make and model.
Sources: FCA found sales were inflatedMon, 25, Jul 2016
An internal review ordered in mid-2015 by top Fiat Chrysler FCA US executives uncovered thousands of vehicle sales reported by FCA brands for which there was no actual buyer, according to two company sources.
Nissan, Toyota vie for the hearts of TexansMon, 25, Jul 2016
To grow in the U.S., Nissan needs more of Texas. But Dallas is about to become Toyota Town.
Nissan declares its 'year of the truck'Mon, 25, Jul 2016
Nissan has declared this as its “year of the truck,” with fresh changes coming for the Titan, Armada, Pathfinder and Rogue.
Fuel economy report shows just what the industry can doMon, 25, Jul 2016
Last week's draft report on the auto industry agreement on fuel economy and greenhouse gas emissions provides a helpful reminder of what happens when automakers and regulators have the courage to question their assumptions.
Toyota CPO surge boosts sales industrywideMon, 25, Jul 2016
Industrywide first-half CPO sales grew 4 percent, according to data compiled by the Automotive News Data Center. Toyota division helped to lift the total, as its CPO sales climbed 15 percent.
Volkswagen to halt sales of most vehicles in S. Korea amid emissions probeFri, 22, Jul 2016
Volkswagen will suspend sales of most of its vehicle models in South Korea from July 25, as pressure builds on the automaker over its falsified emissions tests. The decision comes ahead of a pending environment ministry review on whether to revoke the certification of 32 cars made by the group, which would lead to a sales ban of the affected models in the country.
No auctions for this used-car managerMon, 25, Jul 2016
A pre-owned sales manager at a Buick-GMC dealership in Ohio pays staffers $200 when they find the vehicles he wants.
Volvo eyes record year as profit triples in first halfThu, 21, Jul 2016
Volvo is confident of reaching record sales and earnings for the full year after it reported half-year operating earnings rose to 5.59 billion Swedish crowns ($649.8 million) up from 1.66 billion in the same period last year.
Mercedes' Q2 profit drops on Takata airbag recallThu, 21, Jul 2016
Daimler reported weaker profit from its Mercedes Cars unit in the second quarter because of the cost of refreshing its lineup and one-time charges related to recalling cars with faulty Takata airbags. The unit's profit margin dropped to 6.4 percent, compared with 10.5 percent last year.