AutoNews Now: Ex-union VP implicated in FCA-UAW scandal

Ex-union VP implicated in FCA-UAW scandal; Nearly flat Jan. sales expected; Daimler, BMW move, suspend workers tied to fumes tests; Hyundai’s Super Bowl ad spotlights cancer charity.

AutoNews Now: Ex-union VP implicated in FCA-UAW scandal

Ex-union VP implicated in FCA-UAW scandal; Nearly flat Jan. sales expected; Daimler, BMW move, suspend workers tied to fumes tests; Hyundai’s Super Bowl ad spotlights cancer charity.

Wells Fargo, seeking fresh start, renames beleaguered auto unit

Wells Fargo is renaming its auto-loan business a year after it was beset by regulatory scandals and operational hurdles.

Wells Fargo, seeking fresh start, renames beleaguered auto unit

Wells Fargo is renaming its auto-loan business a year after it was beset by regulatory scandals and operational hurdles.

AutoNews Now: Ex-union VP implicated in FCA-UAW scandal

Ex-union VP implicated in FCA-UAW scandal; Nearly flat Jan. sales expected; Daimler, BMW move, suspend workers tied to fumes tests; Hyundai’s Super Bowl ad spotlights cancer charity.

Why investors can’t get enough Tesla car bonds

Days after Elon Musk put 20,000 flamethrowers on sale to help pay for his proposed transportation tunnels, investors are clamoring to get their hands on a more conventional source of funds for Tesla.

ZF names Wolf-Henning Scheider as CEO

ZF Friedrichshafen, in a widely expected move, named Robert Bosch’s former automotive division head, Wolf-Henning Scheider, as its new CEO, effective Feb. 1.

Ex-UAW VP Norwood Jewell implicated in UAW-FCA scandal

Former UAW Vice President Norwood Jewell, who headed the most recent round of contract negotiations with FCA US, has been implicated in the widening, multimillion-dollar corruption scandal involving the union and Fiat Chrysler.

Toyota to recall 49,000 Prius and Lexus vehicles in U.S.

Toyota Motor North America is recalling nearly 49,000 vehicles in the U.S. over an electrical issue that could prevent airbags from deploying in the event of a crash.

AutoNews Now: Ex-union VP implicated in FCA-UAW scandal

Ex-union VP implicated in FCA-UAW scandal; Nearly flat Jan. sales expected; Daimler, BMW move, suspend workers tied to fumes tests; Hyundai’s Super Bowl ad spotlights cancer charity.

Penske ponders the costs of FandI managers

Penske Automotive Group’s used-only stores generate $300 to $400 more gross profit per vehicle than the group’s franchised stores. One reason: no FandI managers.

ZF names Wolf-Henning Scheider as CEO

ZF Friedrichshafen, in a widely expected move, named Robert Bosch’s former automotive division head, Wolf-Henning Scheider, as its new CEO, effective Feb. 1.

January U.S. auto sales on similar pace as a year ago

U.S. new-vehicle sales this month, fueled by higher incentives, are expected to roughly match the levels of January 2017, but the selling rate is projected to decline as the industry prepares for a second straight year of lower volume.

Auto recalls cost grew 26% to $22 billion in 2016

A new study highlighting the flurry of automotive recalls in the United States asserts that automakers and suppliers remain focused on innovation and cost cuts while vehicle quality takes a hit.