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Newsby StaffJune 21, 2022

Russian Automaker Producing Vehicles Without Standard Safety Features

AvtoVAZ has started building vehicles without airbags, antilock brakes and other safety features because international sanctions have blocked imports of needed parts.

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Newsby StaffJune 21, 2022

LMP Automotive Holdings Sues Two Dealerships for Acquisition Deposits

LMP Automotive Holdings Inc. sues dealership owners in New York and Texas for a combined $3 million in deposits it made to acquire their stores.

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Newsby StaffJune 16, 2022

Auto Execs Say Consumer Demand Remains Strong

GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.

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Newsby StaffJune 16, 2022

Honda and Sony Corp. Ink Deal for High Value EV Venture

Honda Motor Co. and Sony Corp. have entered agreement to set up a “high-value-added” electric vehicle venture under the name Sony Honda Mobility Inc.

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Newsby StaffJune 16, 2022

GM and Ford CEOs on Heightened Watch for Signs of a Recession

General Motors and Ford Motor Co. CEOs say they are watching for signs of a U.S. recession, despite demand for autos being strong.

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Newsby StaffJune 14, 2022

Automaker Production Schedules Continue Freefall Due to Chip Shortage

The number of vehicles canceled from automaker production schedules worldwide due to the shortage now exceeds 2 million, according to AutoForecast Solutions.

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Newsby StaffJune 14, 2022

Automakers Urge Congress to Lift EV Tax Credit Cap

Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.

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Newsby StaffJune 9, 2022

Brown & Brown Announces the Acquisition of Profits Creation Corp.

Profits Creation provides F&I products and sales support to automotive dealers across the southeast.

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Newsby StaffJune 8, 2022

New CarPlay Software Advances Apple’s Dashboard Capabilities

The CarPlay upgrade will move the software from an infotainment system to a software solution that lets drivers control parts of their vehicle and access more operational information.

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Newsby StaffJune 8, 2022

NHTSA Investigates Whether Ford Dealership Failed to Comply with Federal Safety Regulation

U.S. auto safety regulators investigate whether a New York Ford dealership delivered a new vehicle with an outstanding safety recall.

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