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Auto Lenders Relaxing Requirements for Subprime Borrowers

Auto Lenders Relaxing Requirements for Subprime Borrowers

With auto sales slumping this year, lenders are searching for ways to entice buyers back into showrooms. It worked in July as sales rose slightly for the first time in 2019, but only after lenders cut interest rates for three consecutive months, dropping new vehicle...
First Drive: 2019 Infiniti QX80

First Drive: 2019 Infiniti QX80

Sales of big sport utility vehicles all but collapsed 10 years ago during the last recession but they have made a steady comeback because of their ability to carry multiple passengers in relative comfort. While General Motors with vehicles such as the Cadillac...
Union Training Fund Investigation Examining GM-UAW Fund

Union Training Fund Investigation Examining GM-UAW Fund

The federal investigation into corruption involving officials from the United Auto Workers and Detroit’s automakers has zeroed in on another ex-UAW official. Michael Grimes, who retired from the UAW in 2018, was identified in “information” unsealed in U.S. District...
Ford Extending Warranty on 560,000 Fiestas and Focuses

Ford Extending Warranty on 560,000 Fiestas and Focuses

Ford Motor Co. plans to extend the warranty on clutch and related hardware for 560,000 Focus and Fiesta models. The move comes after reports of problems with the six-speed transmission on 2014–2016 model year versions of the cars in the United States and Canada. The...
Ford Offers New Appearance Package for Ranger Pickup

Ford Offers New Appearance Package for Ranger Pickup

With more and more customers looking for ways to customize their personal transportation, Ford Motor Co. has stepped up with new options, including an all-new sporty package for the Ford Ranger. The FX2 Package adds off-road style and capability to the two-wheel-drive...
Acura Type S Concept Officially Breaks Cover

Acura Type S Concept Officially Breaks Cover

Acura’s bid to reinvent itself as a more dynamic and sporty brand gets even more momentum this week with the official debut of the Type S Concept during the annual Pebble Beach Car week. Picking up on a name that was used sparingly, in decades past, for special...
FCA Racing Ahead on Construction of New Detroit Plant

FCA Racing Ahead on Construction of New Detroit Plant

The first steel column in the new paint shop for the new $1.6-billion assembly plant that Fiat Chrysler Automobiles N.V. is building on Detroit’s east side has been put in place and FCA officials are vowing the factory will be ready to build vehicles by the end of...