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U.S. new-vehicle sales should be a healthy 16.7 million in 2018, then stay in a range of 16.5 million-16.7 million in the next couple of years, according to Patrick Manzi, NADA senior economist.
Customers of lidar supplier LeddarTech are urging the company to move faster in its technology development.
Automakers could use over-the-air software updates to prompt owners with customized messages directing them where to take their vehicles for service, suppliers say.
Malcolm Bricklin's most lasting contribution to the auto industry came in the 1960s, when he co-founded Subaru of America with business partner Harvey Lamm.
Malcolm Bricklin and Harvey Lamm have slowed down a step or two, but neither is ready to fully retire.
Panasonic Corp. is ready to add battery capacity as automakers announce new EVs.
Subaru of America co-founder Harvey Lamm not only drove the U.S. distributor's success, he instituted changes that affect the entire industry today.
Panasonic has unveiled Spydr -- a single-brain solution to the usual vehicle architecture of multiple controllers.
Lincoln brand managers are taking a keener interest in their vehicle parts these days, and in watching consumers use them in the real world.
Software enables fixed ops managers and service customers to monitor the progress of repairs in real time, answering the eternal question: "When will my car be ready?"
Aptiv has partnered with Israeli tech firm Valens Automotive to rewire future vehicles with fewer wires.
Lenders who have been watching used-vehicle prices closely are breathing more easily, after prices held up better than expected in the second half.
Used-vehicle values have largely outperformed expectations this year, and there are at least four reasons for that, according to Tom Kontos, chief economist at ADESA Analytical Services.
GMAC, launched in 1919, became the model for the modern captive finance company and helped popularize the idea of mass-market consumer financing.
GM wasn't the first car company to figure out its customers and dealers needed a finance source they could rely on and do something about it. That honor goes to Willys-Overland Motor Co.
The auto finance industry takes online credit applications for granted today, but Dealertrack and RouteOne helped popularize the technology.
The New York City Department of Consumer Affairs said it took a new approach to "predatory" practices when it pursued claims against three lenders that bought installment contracts from dealerships it said misled customers.
Panasonic North America CEO Tom Gebhardt says short cycles are used to fix errors.
Autoliv adopted lean manufacturing practices years ago -- and then found out that it needed a refresher course.
The overall delinquency rate for auto loans is slowly increasing, but not alarmingly, and that's masking a worse performance for subprime auto loans, according to the Federal Reserve Bank of New York.
Customer down payments on new-vehicle loans rose more than 10 percent year over year in October, and the average interest rate increased, Edmunds says.
Ford Motor Credit increased its pretax profit in the third quarter despite sticking to a strategy of "disciplined" lending, including buying fewer finance contracts from dealers.
Capital One Bank and GM Financial both said this week they are continuing to grow auto finance. The companies' moves are in contrast with banks that are cutting back on auto loans.
The National Automobile Dealers Association chairman says automakers are improperly muscling into service departments.
A consumer advocacy group wants the Consumer Financial Protection Bureau and other agencies to regulate pricing of F&I products, such as extended service contracts, based in part on data that allegedly show dealerships have...
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