Toyota’s lobbying blitz gets results in Manchin-Schumer deal
In 2021, Toyota spent $6.2 million on U.S. lobbying efforts, according to the OpenSecrets research group, a 41 percent increase from the $4.4 million it spent in 2010. That sharply...
Former automotive group partner charged with murder for hire
A federal grand jury has indicted Erik Charles Maund, 47, a former partner at Maund Automotive Group in Austin, Texas, and three other individuals on murder-for-hire charges in the deaths...
Senator introduces bill to block rule on impaired-driving prevention technology
WASHINGTON — A Republican senator is trying to repeal a provision in the infrastructure law passed by Congress last year that would require a passive technology to prevent drunken or...
Ford executives haunted by quality problems, recurring recalls
DETROIT -- Ford Motor Co. is once again struggling with quality problems that are leading to recalls and driving up warranty costs. And that has top executives renewing a vow...
Musk-Twitter trial to start Oct. 17, Delaware judge rules
Twitter Inc.’s lawsuit against Tesla Inc. CEO Elon Musk over a canceled $44 billion buyout of the social-media platform is set for a five-day trial starting Oct. 17 in Delaware,...
Magna Q2 earnings: Canadian supplier reports $156 million Q2 loss on impact of Russia-Ukraine war, higher costs
Magna International Inc. reported a $156 million net loss in the second quarter as the diversified Canadian auto supplier grappled with higher commodities and energy costs and the impact of...
Alfa Romeo to use U.S. to research, develop larger vehicle
MILAN -- Alfa Romeo will work on a new large-size vehicle in the U.S. to be launched in 2027, the brand's head, Jean-Philippe Imparato, said Friday, adding, however, the group...
Stellantis, Mazda and Ford dealerships acquired in 4 states
Tim Dahle buys two dealerships from brother Tim Dahle, of his namesake Tim Dahle Auto Group, in May purchased two Mazda dealerships from his brother and a partner. The Murray,...
Guangzhou Automobile Group blasts Stellantis CEO as Jeep joint venture collapses
The joint venture “has not been able to establish a mutually trustworthy operating mechanism adapted to the highly competitive environment in China in order to turn the adverse situation of...
Toyota supplier Denso’s Q1 profit tumbles 41% despite higher revenue
TOKYO -- Japan's Denso Corp., an affiliated supplier to Toyota Motor Corp., lowered its operating profit forecast for the current business year by 14 percent, expecting automakers to undershoot production...