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VW Denies Seeking Stake in Tesla

VW Denies Seeking Stake in Tesla

Volkswagen has denied a report in a German business publication that it is interested in taking a stake in Tesla. According to Manager Magazin, VW CEO Herbert Diess would make a deal “right away” if he had the support of his board and major shareholders, something...
Rumors of New Renault-FCA Talks Boost Stock

Rumors of New Renault-FCA Talks Boost Stock

Shares of Fiat Chrysler Automobiles jumped 3.44% in the U.S. and Renault increased 4.18% in Paris after an Italian newspaper reported that the two automakers are holding talks again about a possible merger. Even though talks between the two automakers broke down...
Care by Volvo Subscription Program Faces Probe

Care by Volvo Subscription Program Faces Probe

California regulators have launched a probe of Volvo’s pioneering subscription sales program, Care by Volvo, following dealer allegations that the flat-price service violates state franchise and consumer protection laws. If the California Department of Motor Vehicles...
Trump Chides Automakers for Making Deal with California

Trump Chides Automakers for Making Deal with California

President Donald Trump took to Twitter to criticize four automakers for cutting a deal with California that flies in the face of the administration’s efforts to roll back Obama administration rules for fuel economy. Ford Motor Co., Honda Motor Co., BMW AG and...
Porsche’s New Taycan Will Stream Apple Music

Porsche’s New Taycan Will Stream Apple Music

Porsche’s new Taycan will offer buyers the ability to directly stream Apple Music, giving drivers another entertainment option while not having to go through a smartphone app. The first-time move, which Apple and Porsche officially announced today, could give the...
Audi Looking to Use Subscription Perk to Draw Buyers

Audi Looking to Use Subscription Perk to Draw Buyers

Automakers are continually looking for ways to make their customers even more loyal to the brand and Audi’s the latest with its “Always Audi” program. Anyone leasing or buying a 2019 or newer Audi can get seven free rental days from Silvercar by Audi, the German...
Q&A: Lincoln’s New Chief Michael Sprague

Q&A: Lincoln’s New Chief Michael Sprague

It was something of a homecoming when Michael Sprague was named director of global brand and integrated marketing at Ford Motor Co. last October. He spent much of his early career under the Blue Oval before signing on at Kia Motor America. After a decade with the...
Cruisers Celebrate 25 Years of Woodward Dreams

Cruisers Celebrate 25 Years of Woodward Dreams

Can you have nostalgia for nostalgia? As it wraps up its 25th anniversary cruise there are those who remember the early days of the Woodward Dream Cruise fondly, but there are those who wonder now after more than two decades if it has, well, jumped the shark. For many...