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Unifor ratifies GM deal that includes $787M retool for electric van production

18 January 2021

Members of the Canadian union ratified a three-year contract that includes the commitment for CAMI Assembly in Ingersoll, Ontario, to begin building all-electric delivery vans later this year. [...]

Biden to pick FTC's Chopra to steer CFPB

18 January 2021

Rohit Chopra, whose consumer advocacy views align with Sen. Elizabeth Warren, D-Mass., has been an outspoken critic of some dealership business practices while serving as a member of the FTC. [...]

Rivian hires industry outsider as next CFO

18 January 2021

With production of Rivian's first saleable units less than six months away, CEO RJ Scaringe has recruited Claire McDonough from J.P. Morgan. [...]

Ford’s award winners represent today, tomorrow

18 January 2021

It's the first time a brand has won multiple North American Car, Utility and Truck of the Year awards in a single year since Chevrolet did so in 2014 with the Corvette Stingray and Silverado. [...]

LMP, in bid for automakers' OK, revises Atlantic deal

18 January 2021

The scope of the planned purchase of Atlantic Automotive Group dealerships was reduced because of automaker preferences that retailers not own contiguous dealerships of the same brand. [...]

Genesis' delayed relaunch back on track with new crossovers, upcoming EV

18 January 2021

Genesis planned to relaunch last year, but the pandemic got in the way. Now that the GV80 crossover finally arrived on dealer lots in December, it's ready to try again. [...]

Inventory at 3 million for first time since May

18 January 2021

But the ongoing computer chip shortage could mean stocks will begin to shrink again. [...]

GM stakes claim to commercial EV market

18 January 2021

The automaker's first new vehicle brand in more than two decades will start selling vans to FedEx late this year and other customers in 2022. [...]

At-home F&I can be tough, but success stories exist

18 January 2021

Finance and insurance is difficult to translate to a home environment, retail experts say. Here are a few strategies for success. [...]

Political donations under scrutiny after U.S. Capitol siege

18 January 2021

Leaders in the auto industry have joined a growing list of corporations and business groups that are reconsidering political contributions to lawmakers on both sides of the aisle after the deadly invasion that interrupted the certification of President-elect Joe Biden's election victory. [...]