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Automobile
Relationships, tools build auto loan business
Auto lending experts at the Auto Finance Risk Summit in April shared their insights on dealer retention, digital tools and the challenges ahead as the market stabilizes.
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Land Rover Defender ads for parking feature are banned in U.K.
Two ads for the Land Rover Defender have been banned in the United Kingdom over concerns that they could mislead viewers into thinking the vehicles would keep drivers from going over a cliff.The ads showed a Defender parking at the end…
Calif. decisions might change legal fee limits, compliance lawyer says
This is incorrect, according to a Jan. 18 FTC advisory opinion. The agency said a 2019 FTC comment that discusses the rule put forth similar guidance.
"Some courts have read the commission's statements in a 2019 Rule Confirmation notice…
For dealers, time to cure COVID hangover with customer service
The F&I industry faces challenges amid the post-pandemic chip shortage that include managing customer expectations, factory constraints and high used-vehicle valuations.
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Audi RS 3 makes a comeback with 5-cylinder turbocharged engine, Torque Rear mode
The RS 3, on hiatus for one model year, returns to the Audi lineup for 2022 with a familiar turbocharged inline five-cylinder engine — a rare motor these days.It powers all four wheels through a seven-speed dual-clutch transmission. The…
Delivery of 360 Lucid Airs in Q1 is an improvement
Rawlinson also said last week that demand continues to be strong, with more than 30,000 reservations for different trims of the Air, including a healthy mix of the most expensive ones.Lucid last month added a top-tier Grand Touring…
Aisin president is remaking the Japanese megasupplier
"I need to put this company through a full model change," Yoshida told Automotive News during a visit to Aisin's global headquarters here in the suburbs of Nagoya. "With a healthy sense of crisis, we must take steps forward." It's not…
$1.5 billion Georgia incentives helps Rivian’s 2nd plant
The company said the agreement last week "marks a milestone in our progress towards the development of our second U.S. manufacturing plant, in Georgia." The economic development agreement for the plant was approved by Rivian, the state…
Camaro heist from Lansing, Mich. GM plant prompts chase
Police recovered five just-built Chevrolet Camaros that were stolen from outside a General Motors plant in Lansing, Mich., last week after a high-speed chase that ended more than 50 miles away with the help of a helicopter and…
April U.S. auto sales fall on shortages
"Supply shortages continued to severely constrain SAAR in April," said Jesse Toprak, chief analyst at Autonomy, "and we don't anticipate any major relief until the fourth quarter of this year."
That was certainly the story at Honda. The…