Penske Automotive resolves stock buyback lawsuit through voting agreement
Under the agreement, Roger Penske is giving up majority voting control of the auto retailer, while still getting a majority of dividends, a business expert said......»»
Top 5 stories of the week: Stellantis succession planning; Carlos Ghosn loses battle over yacht
A quick look at the top automotive stories of the week as determined by reader interest......»»
Apple agrees contract with second unionized store, in Oklahoma City [U]
Apple last month reached agreement with employees at the first Apple Store to unionize, and has now done the same, with a store in Oklahoma City. The three-year contract covers much of the same ground as the contract in Maryland, though with highe.....»»
Entire town could have kids go smartphone-free until age 14
A group of parents are trying to get the agreement of an entire town to have their kids go without smartphones until they are 14 years old. The hope is that if enough parents sign up to the initiative, it will remove the danger of isolating childr.....»»
Auto industry preps for unprecedented USMCA review as crucial elections loom
The auto industry is preparing for a first-of-its-kind review of the United States-Mexico-Canada Agreement in 2026, a process that could significantly impact automotive trade rules in the region......»»
A method of "look twice, forgive once" can sustain social cooperation
The theory of indirect reciprocity holds that people who earn a good reputation by helping others are more likely to be rewarded by third parties, but widespread cooperation depends on agreement about reputations......»»
UAW members at Ford"s Rouge tool and die unit reach tentative agreement
Ford's Rouge Complex near Detroit, which employs about 6,000 workers, has more than 500 workers in the tool and die unit, according to the union......»»
Tesla Full Self Driving requires human intervention every 13 miles
It gave pedestrians room but ran red lights and crossed into oncoming traffic. Enlarge / An independent automotive testing company has evaluated Tesla FSD, and it found some concerning results. (credit: PonyWang/Getty Images).....»»
1 Thing We"re Talking About: Walser unveils technician training lab
Walser Automotive Group and WSU Tech took the wraps off an automotive lab to train technicians and address growing interest in the field......»»
GM, Piston plot hydrogen fuel cell factory in Detroit
GM and Piston Automotive are plotting a hydrogen fuel cell factory in Detroit, GM's first standalone plant for fuel cell production......»»
Ford CEO: Being kind not ‘natural to me"
Ford's CEO, at a dinner honoring the 2024 Automotive News Rising Stars, gave advice on identifying talent, managing time and improving himself......»»
Daily 5 report for Sept. 24: EV realities set in at Automotive News Congress
It's not all doom and gloom despite EV sales not meeting growth expectations, but clearly the time for happy talk has ended......»»
Amazon-Hyundai pilot delays causing dealer frustration, NADA CEO says
A panel discussion at the Automotive News Congress Sept. 24 focused, in part, on the Amazon-Hyundai pilot and dealer distribution models......»»
Scenes from the 2024 Automotive News Congress
Discussions addressed issues such as EV adoption, the election and the impact of Chinese automakers......»»
Auto industry aims for digital experience as easy as smartphones, streaming services
Software-defined vehicle technology underpins an easy in-car experience, panelists said at the Automotive News Congress......»»
Broadcom responds to AT&T’s VMware support lawsuit: AT&T has “other options”
Broadcom defends against renewal, citing "End of Availability" provision. Enlarge (credit: Getty) Broadcom is accusing AT&T of trying to "rewind the clock and force" Broadcom "to sell support services for perpetual soft.....»»
Car software patches are over 20% of recalls, study finds
How automotive recalls are handled has shifted over time. Enlarge (credit: Getty Images) Software fixes are now responsible for more than 1 in 5 automotive recalls. That's the key finding from a decade's worth of Nationa.....»»
New study reveals how much influence global powers have on the economy
Do the United States and China truly shape the global economic agenda? A new study investigating the relationship between global powers and the stock market has revealed they have more economic influence than previously thought......»»
EV sales will improve when automakers address affordability, experts say
The big hindrance constraining electric vehicle sales remains affordability, said Dave Katarski, COO of Feldman Automotive Group, during a panel discussion at the Automotive News Congress......»»
Tesla supplier goes bankrupt after $30M verdict in defective parts lawsuit in Ohio
Wrena filed for voluntary Chapter 11 bankruptcy in U.S. Bankruptcy Court with liabilities between $10 million and $50 million......»»
Enhancing automotive security to prepare for the EV revolution
Enhancing automotive security to prepare for the EV revolution.....»»