As its German supplier neighbors get bigger and more advanced, Volkswagen moves to make its own parts operations more competitive.
CEO Matt Simoncini is leaving Lear in a healthy position — flush with money to make acquisition deals if necessary, but for the moment, not needing to.
Terry Taylor, who built a dealership empire in part by granting equity stakes to his general managers, is being sued by one of his former managers, who accuses him of fraud.
Orders for the GTS variants are “looking very good” since the order bank for the cars opened earlier this fall, the CEO of Porsche Cars North America said.
Alfonso Albaisa, Nissan’s first non-Japanese styling chief, wants to re-root the automaker in its Japanese heritage and deploy advanced digital tools to get to the next era.
Federal law requires automakers pay a dealer 1 percent of the value of a new car that is under recall to cover floorplanning, insurance, depreciation and other costs, but there is nothing similar for used vehicles in most states.
At many dealerships, customers taking delivery of a new vehicle would be fortunate to walk away with a handshake and keys to the car. But ultraluxury vehicles call for extraordinary experiences.
With three new variants of its 911 due to be on sale by the end of next year, Porsche is looking for a big year from its flagship sports car.
Lincoln is halfway through its six-year plan to triple its annual sales by 2020, and a key part of its journey is a retail space that doesn’t sell anything.
Fighting to create a segment of the automotive industry a decade ago was much different from taking on legacy automakers for a piece of that burgeoning market today.