WASHINGTON – U.S. Transportation Secretary Anthony Foxx announced today that Fiat Chrysler Automobiles has acknowledged violations of the Motor Vehicle Safety Act’s requirements to repair vehicles with safety defects and will submit to rigorous federal oversight, buy back some defective vehicles from owners, and agreed to a $105 million civil penalty, the largest ever imposed […]
AACHEN, Germany, – Driving at night, particularly on unlit roads, can be a nerve-wracking experience. Ford is developing new lighting technologies that will enable drivers to more easily identify potential hazards, including pedestrians, cyclists and animals. Ford’s Camera-Based Advanced Front Lighting System can widen the beam at junctions and roundabouts to better illuminate hazards that […]
TORRANCE, Calif., – Demonstrating an ongoing commitment to supporting the sale of green vehicles, Toyota Financial Services (TFS) issued the auto industry’s second-ever Asset-Backed Green Bond in the amount of $1.25 billion. TFS revolutionized the Green Bond market by introducing the auto industry’s first-ever Asset-Backed Green Bond in 2014. Green Bonds are an important component […]
The Federal Trade Commission has proposed an amendment to its rules under the Gramm-Leach-Bliley Act to allow auto dealers that finance car purchases or provide car leases to provide online updates to consumers about their privacy policies as opposed to sending yearly updates by mail. Under the proposed revision, auto dealers would be able to […]
DETROIT – Chevrolet announced today it will offer low cab forward medium-duty trucks in the U.S. in 2016, returning the brand to a growing segment of the commercial vehicle market and expanding choices for fleet and commercial truck customers. The six new models – Chevrolet 3500, 3500HD, 4500, 4500HD, 5500 and 5500 HD – are […]
DETROIT – Chevrolet, Buick, GMC and Cadillac dealers in the United States delivered 293,097 vehicles in May 2015, for General Motors Co.’s (NYSE: GM) best May sales since 2007 and its best month since August 2008. Total sales were up 3 percent year over year and retail sales were up 7 percent in a month […]
Fountain Valley, Calif., – Today, Hyundai becomes the first car company to launch Android Auto™ on production vehicles. Android Auto is premiering on the 2015 Sonata with Navigation at dealerships nationwide, and will later become available on other Hyundai models. “Android Auto aligns with Hyundai’s core interior design principles of safety, intuitiveness and simplicity,” said […]
WARREN, Mich. – General Motors will invest $1 billion in its Warren Technical Center campus, creating approximately 2,600 new jobs to support future business growth at the National Historic Landmark site. The multiyear project, which is driving new construction on the campus, significant renovations of some existing facilities and expansion of some operations, begins this […]
MILWAUKEE – From the flight deck of the USS Yorktown, Harley-Davidson today announces it is offering all current and former U.S. military free Riding Academy motorcycle training. The new “Learn to Ride” program, open to active-duty, retired, reservists and veterans, begins on Armed Forces Day, May 16 and runs through Sept. 13. Harley-Davidson teamed up […]
DETROIT – Chevrolet, Buick, GMC and Cadillac dealers in the United States delivered 269,056 vehicles in April 2015, up 6 percent year over year. Retail deliveries were up 5 percent, fleet deliveries were up 8 percent and commercial sales were the highest since March 2008. “At GM, truck and crossover sales have been strong all […]
