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The agreement, first revealed in September, made Wells Fargo the preferred purchase financing provider for the VW and Audi brands in the U.S.
Nissan is in talks with Mitsubishi and Honda about joint manufacturing in the U.S., where global companies are trying to source more product to avoid U.S. tariffs, Hans Greimel wrote today.
While the Trump administration's auto industry tariffs are causing problems for the industry, companies such as Cars Commerce that have invested in used-vehicle services for dealerships and consumers stand to benefit.
Santander is wrapping up its partnership with Stellantis at the end of 2025, Santander CFO Erik Laney said at the Auto Finance Summit East conference.
Automakers, suppliers and retailers are reporting their 2025 1st-quarter earnings, and Automotive News will keep up with the stories here.
Hertz is “pulling on the right levers to capitalize” on the impact of tariffs on auto imports, Hertz CEO Gil West said.
Nissan's only European factory is not part of CEO Ivan Espinosa's plan to close seven plants globally. New electrified models will be added at the plant in Sunderland, England, he said.
F&I managers should change their strategies with customers based on their performance data.
GM is billing the ultraluxury $340,000 Celestiq as the most advanced Cadillac ever, with over 275 patented and patent-pending technologies and features.
The cuts amount to roughly 5% of the automaker’s connected-vehicle software team, which is under the purview of Doug Field, Ford’s chief EV, digital and design officer.
