Net soars at ADESA's parent on tax gains

Net income at KAR Auction Services, ADESA's parent, soared in the fourth quarter because of a special gain related to the changes in federal corporate taxes.

Lexus testing new hybrid math

Lexus has quietly changed the math for the 2018 model year, significantly lowering the hybrid premium for its two most popular crossovers and rolling out a sporty new hybrid platform for its LC halo coupe and LS flagship sedan.


Don't expect Nissan to ditch stair-steps

Just as car dealership sales personnel are offered incentives to increase business, Nissan has offered its dealers incentives to reach higher. And in recent years, they did and sales climbed.

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Faurecia profit rises 34% in 2017

Faurecia's net income in 2017 climbed 34 percent to 714.5 million euros ($896.4 million), as the supplier saw strong growth across all its main markets.

Global auto sales poised to set record in 2018

Light-vehicle sales are on track to rise to a record of more than 97 million units globally this year, despite a second straight annual decline in North America, according to an LMC forecast.

Ford rushes to build more SUVs

Ford and Lincoln dealers can't get enough of their biggest, most expensive SUVs to keep up with customer demand, so the automaker is investing $25 million to speed up the assembly line in Kentucky.

Luxe turns to trucks

When the majority of sales for the German luxury leaders become crossovers and SUVs, the luxury market's shift to truck dominance will be complete.

Underdog Subaru turns 50

Subaru of America, the Japanese automaker celebrating its 50th anniversary in the U.S. this year, may appear to be unstoppable at the moment. But that hasn't always been the case.

Volvo counts on XC40 for conquests

Volvo is counting on its first model in the fast-growing premium compact SUV segment to break a lot of new ground for the automaker while it simultaneously wins customers from rivals such as the BMW X1 and Audi Q3.


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