Volkswagen AG is being sued by institutional investors in the German automaker including CalPERS, the huge State of California pension fund, for $3.57 billion over VW’s handling of t... Read more
General Motors and ride-sharing firm Lyft, in which GM is an investor, today announced Express Drive, a short-term rental program for Lyft drivers that allows them to lease the Chevy Equinox... Read more
The first Lexus dealership has opened in Turkey, with the goal of selling 200 vehicles this year, reports Lexus Enthusiast here: Share this articleLinkedinFacebookTwitter Read more
A Volkswagen Group of America former employee is suing the automaker, claiming he was unfairly dismissed after he tried to stop deletion of data related to VW’s use of software to mask... Read more
Peter Blackstock, owner of Victory Toyota and Lexus in Seaside, Calif., has acquired the Marty Franich Ford Lincoln and Chrysler Jeep Dodge Ram dealerships in Watsonville, Calif. and plans m... Read more
FCA will allow Fiat vehicles to be sold in Chrysler Jeep Dodge Ram stores rather than requiring stand-alone Fiat facilities, has cut back on the trim levels, and altered pricing to help stru... Read more
Tesla Motors Co. tried to remotely downgrade a Tesla owners software and cancelled that customer’s reservation for a Model X crossover after the customer sent several tweets that Tesla... Read more
Dealerships needn’t worry that Millennials aren’t interested in buying cars, it seems. Millennials — people aged 21-38 — just delayed buying their first car for fina... Read more
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