Kia lawsuit says dealer defrauded automaker out of more than $500,000
Kia America has accused a New England dealer, his six present and former franchised dealerships and its COO of racketeering, fraud and related wrongdoing for a scheme that allegedly bilked the automaker out of hundreds of thousands of dollars......»»
Fisker files for U.S. bankruptcy after cash burn, quality issues with Ocean crossover
The EV startup suffered from poor distribution of its Ocean crossover and quality issues. Fisker turned to franchised dealers for distribution and unsuccessfully sought a partnership with a major automaker......»»
"Is Toyota OK?" Shareholders criticize automaker amid ongoing scandal; Toyoda, board reappointed
Toyota shareholders at the annual meeting hit out at Toyota for its ongoing safety testing and certification scandal, grilled the board about its oversight of the business and even accused Chairman Akio Toyoda of treating motorsports as his personal.....»»
Fisker files for U.S. bankruptcy after cash burn, quality issues with Ocean crossover
The EV startup suffered from poor distribution of its Ocean crossover and quality issues. Fisker turned to franchised dealers for distribution and unsuccessfully sought a partnership with a major automaker......»»
Mercedes denied right of first refusal request by Ill. vehicle board
Mercedes-Benz cannot exercise a purported right of first refusal to demand an Illinois dealer apportion the sales price of a three-franchise dealership he's selling, the state Motor Vehicle Review Board ruled......»»
FTC jumped the gun with CARS Rule, dealer groups tell court
The National Automobile Dealers Association and Texas Automobile Dealers Association are continuing to press the argument the Federal Trade Commission jumped the gun and failed to follow proper rulemaking process with its new dealership regulations......»»
Tesla sues ex-supplier Matthews over EV battery trade secrets; supplier calls it bullying
Matthews in a statement on Monday said Tesla's lawsuit is "simply a new tactic in their ongoing efforts to bully Matthews and improperly take Matthews' valuable intellectual property.".....»»
A new Cybertruck issue reportedly delays deliveries
Tesla’s Cybertruck is reportedly suffering an issue that’s caused the automaker to halt deliveries of the automaker’s newest vehicle until it’s resolved......»»
Larry Hinkle, who was world"s largest Jeep dealer, dies at 92
The South Carolina dealer set Jeep sales records during the brand's American Motors days and led customers on annual pilgrimages to the Smoky Mountains......»»
Tesla investors sue Elon Musk for diverting carmaker’s resources to xAI
Lawsuit: Musk's xAI poached Tesla employees, Nvidia GPUs, and data. Enlarge (credit: Getty Images | SOPA Images) A group of Tesla investors yesterday sued Elon Musk, the company, and its board members, alleging that Tesl.....»»
Apple punishes women for same behaviors that get men promoted, lawsuit says
Apple could owe thousands in back pay to 12,000 female employees. Enlarge (credit: Marcos del Mazo / Contributor | LightRocket) Apple has spent years "intentionally, knowingly, and deliberately paying women less than men.....»»
Auto groups, energy trade organizations sue EPA over tailpipe emissions rule
A group of automotive dealerships, teamed with key energy and agriculture trade organizations, have filed a lawsuit against the EPA over its tailpipe emissions rule that encourages production of electric vehicles......»»
Ex-Volvo Cars Americas chief Anders Gustafsson"s second act: Revive Polestar"s North America business
Gregor Hembrough, who launched Polestar's North America business in the midst of the pandemic, will leaves for a global sales role with the automaker......»»
Hyundai dealer agreement changes could be illegal in many states
A memo from NADA to its members alerts Hyundai dealers that certain amendments to the dealer sales and service agreement may break state franchise laws......»»
Volkswagen Group selects Omnicom as global media agency after lengthy review
Volkswagen Group ranks as the world’s 17th largest advertiser, according to the latest Ad Age Datacenter ranking, which pegged the automaker’s worldwide spending at $1.8 billion in measured media in 2022......»»
Proposed class action lawsuit accuses Apple of underpaying women
According to a new class action lawsuit in California, Apple allegedly underpaid 12,000 women compared to men despite DEI initiatives.Apple Park is meant to host a diverse and equal workforceGender pay gaps, discrimination, and harassment are all som.....»»
Longtime Ford dealer Sam Johnson dies at 84
At the peak of his career, Sam Johnson owned five dealerships spanning four states......»»
Seven-automaker EV charging joint venture picks headquarters, builds leadership team
Ionna's headquarters in Durham, N.C., will house a central lab that connects to interoperability and customer experience centers at each of the seven founding automakers......»»
GM launches $6 billion share buyback plan
The board approval follows a $10 billion accelerated share repurchase announced by the automaker in November 2023......»»
How BMW has avoided software issues that have stung competitors
Top tech exec Stephan Durach says a key reason for the success is the automaker's long history of developing its own software......»»
Tesla may be in trouble, but other EVs are selling just fine
Almost every other automaker is seeing double-digit EV sales growth. Enlarge (credit: Getty Images/3alexd) Have electric vehicles been overhyped? A casual observer might have come to that conclusion after almost a year.....»»