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Automotive News

F&I talks over video a good option for car buyers

Jonathan Jordan, director of retail strategy for F&I product provider JM&A Group, said his company launched its so-called virtual F&I offering in 2018. He told Automotive News in late January the company had logged more than 23,000 transactions where the… Continue Reading…

Automotive News

Rivian will speed up factory flow by making its own motors

Rivian is offering the most configurations of its electric pickup and crossover with only the dual-motor setup. For example, the Enduro motors can be combined with three battery sizes on the R1T: standard pack, with 270 miles of range; large… Continue Reading…

Automotive News

Used-car seller Canada Drives granted creditor protection

Canada Drives obtained creditor protection March 20 under an order from the Supreme Court of British Columbia, according to a notice from court-appointed monitor PricewaterhouseCoopers Inc. While the company has focused mainly on ecommerce since 2020, Canada Drives was founded… Continue Reading…

Automotive News

Ford recalls: 1.3M Fusions, Lincoln MKZs called back for brakes

Ford is also recalling about 280,000 F-150 pickups globally from the 2021 model year, according to a separate recall report made public Thursday. The recall covers about 222,000 vehicles in the US, 50,000 in Canada and 2,000 in Mexico, Ford… Continue Reading…

Automotive News

Where Ford will slash jobs in Europe

Workers were told to expect concrete numbers of job losses from the automaker in mid-February, according to Cologne’s daily paper, the Kölner Stadt-Anzeiger. Industrial action threats Ford’s plans triggered a union threat of Europe-wide disruption. “If negotiations between the works… Continue Reading…

Automotive News

The Infiniti showroom redesign is lounge-like

The lack of fresh product has put Infiniti into a multi-year slump. Last year, the brand reported 46,619 US sales, its lowest since 1992, according to Automotive News Research & Data Center. Another retailer also said he’s unlikely to pull… Continue Reading…

Automotive News

Stella Automotive AI hires Rich Sands as CEO

Stella Automotive AI, a Tampa, Fla., auto retail technology startup funded in part by dealership groups Maroone USA and Pohanka Automotive Group, has hired auto industry consultant Rich Sands as its new CEO. His hiring, effective May 26 and announced… Continue Reading…

Automotive News

US judge throws out lawsuit against Elon Musk over Twitter

A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, US District Judge… Continue Reading…