Upgrade's new auto lending product sources capital from 220 partners ranging from small community banks to asset managers, CEO Renaud Laplanche said.
Continue Reading the above article 'As others go, Upgrade enters lending market...
AutoNation Inc. last week said it followed rivals Lithia Motors and Penske Automotive Group Inc. into the bidding war for Pendragon.
Continue Reading the above article 'Lithia's CEO confident in its deal for Pendragon...
GM CEO Mary Barra criticized the UAW's strike expansion, saying 'it's clear that there is no real intent to get to an agreement.'
Continue Reading the above article 'GM CEO Mary Barra criticizes UAW strike expansion...
The union had filed the charges on Aug. 31 with the National Labor Relations Board charging the automakers had refused to bargain in good faith.
Continue Reading the above article 'UAW drops unfair labor practice charges against GM...
After making 5,000 crossovers, Fisker is adding staff and locations in the U.S. and Europe. Bank of America sees the Ocean as a strong product but worries about Tesla's aggressive EV pricing.
Continue Reading the above article 'Fisker gears up for 300 Ocean EV deliveries a day...
The Alliance for Automotive Innovation argues NHTSA's fuel economy standards, if finalized as proposed, could threaten the auto industry's transition to electric vehicles.
Continue Reading the above article 'Automaker group warns NHTSA's fuel economy proposa...
Ford's CEO accused the union of holding the Detroit 3 hostage over unaffordable demands, as the UAW ordered 7,000 more workers onto picket lines.
Continue Reading the above article 'As the strike expands, UAW and Detroit 3 insults i...
Schäferbarthold had been CFO at the German lighting supplier since 2016. Favre is a former executive at Faurecia, which purchased Hella in 2022 and now operates as Forvia.
Continue Reading the above article 'Hella promotes Bernard Schäferbarthold to CEO, re...
TrueCar has hired Oliver Foley as its CFO continuing its leadership shuffle. He starts Oct. 30.
Continue Reading the above article 'New TrueCar CFO is Oliver Foley...
Two of the transactions involved first-time dealership owners and another saw a company add two stores.
Continue Reading the above article ' Toyota, Mitsubishi, Infiniti, Ford car dealership...