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The Consumer Financial Protection Bureau and United States Department of Justice have found American Honda Finance Corp. (AHFC) responsible for illegal discrimination in pricing auto loans, the company said in...
by - December 6, 2014
Ford will commence producing the Fiesta subcompact in Naberezhnye Chelny, Russia in 2015 as it bids to offset slumping demand for the Focus compact. Ford will build the Fiesta alongside...
by - December 6, 2014
Volvo Cars logged its 17th straight month of retail sales growth in November, thanks to gains posted in China and Europe. Leading the charge for Volvo is the XC60 crossover,...
by - December 5, 2014
A plan by France to get rid of its policies encouraging diesel cars has met criticisms from the country’s own carmakers -- PSA/Peugeot-Citroen and Renault. French Prime Minister Manuel Valls...
by - December 5, 2014
Takata Corp. is getting ready to comply with an order from the United States National Highway Traffic Safety Administration to upgrade a regional recall into national one, according to a...
by - December 5, 2014
General Motors’ Chevrolet has tapped Craig Daitch as senior manager for social media, in charge of creating content supporting the brand’s new-vehicle launches, racing activities and communications initiatives. Before joining...
by - December 5, 2014
Dutch supercar maker Spyker Cars has filed for financial restructuring, seeking to avoid bankruptcy. A Dutch court has already granted the carmaker’s petition for a temporary moratorium of payment, allowing...
by - December 5, 2014
The Russian government plans to allocated RUB10 billion (EUR150 million) next year in a bid to extend an incentives program for new auto purchases, according to Industry and Trade Minister...
by - December 5, 2014
Drivers of Tesla Model S luxury electric sedan were the most satisfied among auto owners, according to the latest owner-satisfaction survey conducted by Consumer Reports. The Model S scored 98...
by - December 5, 2014
Experian Automotive estimates that the average amount financed to purchase a vehicle breached record levels set earlier this year and were the highest in eight years. According to Experian, the...
by - December 5, 2014
The battle for the best-selling luxury carmaker in the United States is now on its final round – and it will be a close one. While BMW still has the...
by - December 5, 2014
Some parts of the United States may see gasoline prices on retail stations drop to around $2 a gallon in the next few. In fact, pumps across the U.S. South...
by - December 4, 2014
New-car sales in France dropped 2 percent in November to 135,070 registrations as consumer confidence in the country continues to drop, according to the CCFA industry association. This marks a...
by - December 4, 2014
When the Acura TLX was rolled out in August, this midsize sedan carried a promise of reviving Honda’s luxury brand in the United States. After two full promising months of...
by - December 4, 2014
After four years since it was acquired by General Motors in October 2010, GM Financial is now capable of offering a full range of products to the carmaker’s dealers. GM...
by - December 4, 2014
McLaren Automotive has named David McIntyre to serve Regional Director for the Asia Pacific. He will report to Jolyon Nash, Executive Director for Global Sales and Marketing. His entry at...
by - December 4, 2014
Investors are not too optimistic of the future of airbag supplier Takata Corp., even as the Japanese company is adamant of its financial strength. In fact, short-seller bets on a...
by - December 4, 2014
Jaguar Land Rover has reached an agreement with union representatives over pay and pensions. The deal will be recommended to it workers to settle a dispute that nearly prompted an...
by - December 4, 2014
Germany will have to offer more incentives to achieve a goal of having 1 million electric cars on its streets by the end of the decade, according to Chancellor Angela...
by - December 4, 2014
BMW has unveiled the 2 Series Active Tourer xDrive – the latest iteration of the model that features with the intelligent four-wheel drive system BMW xDrive. BMW first used the...
by - December 4, 2014
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