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U.S. light-vehicle deliveries are forecast to rise 2.4 percent to 6.5 percent in January, analysts say, with […] -
Credit Acceptance Corp.’s auto loan volume from dealerships rose 26 percent during the fourth quarter. Read MoreCredit Acceptance income drops 42%, auto loan volume up in Q4
Auto February 1, 2023 -
Battery startup Our Next Energy Inc., known as ONE, closed a $300 million investment round, the company […]Battery startup Our Next Energy raises $300 million in new funding round
Auto February 1, 2023 -
Ossa Fisher will play a central role in scaling operations and maintaining relationships with key partners as […]Self-driving tech firm Aurora hires its first president
Auto January 31, 2023 -
General Motors’ captive lender said it experienced the effects of lower net leased vehicle income and higher […]GM Financial profit slips in Q4 as interest rates rise
Auto January 31, 2023 -
Though layoffs occurred within its auto businesses, Upstart doesn’t expect its auto digital retail and underwriting operations […]Upstart: Layoffs won't significantly alter auto lending, digital retail businesses
Auto January 31, 2023 -
The automaker’s newest vice president, Zach Kirkman, spent six years at Tesla and six years at Apple […]GM hires former Tesla exec to head mergers and acquisitions
Auto January 31, 2023 -
The legislation aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped […]Congress reintroduces bill to stop surge of catalytic converter thefts
Auto January 31, 2023 -
The automaker says it will acquire a $650 million equity stake in Lithium Americas Corp. in a […]GM to co-develop Nevada lithium mine as it ramps up EV production
Auto January 31, 2023 -
NHTSA’s Office of Defects Investigation said it has received 23 complaints alleging a complete loss of high […]NHTSA opens probe into nearly 87,000 Kia Tellurides after reports of high-beam failure
Auto January 31, 2023 -
The California Labor Federation and several Teamsters locals rallied in Sacramento for proposed legislation requiring a trained […]California lawmakers want to prohibit fully autonomous trucking
Auto January 31, 2023 -
House sponsors plan to reintroduce the Supply Chain Disruptions Relief Act, which would give dealerships up to […]LIFO tax relief bill for dealers to be reintroduced in House
Auto January 31, 2023