Ally is one of the nation’s largest auto lenders and its auto finance arm contributes significantly to its balance sheet.
The Consumer Financial Protection Bureau keeps tabs on nonbank auto lenders doing 10,000 deals a year, a group that includes buy-here-pay-here dealerships and captive finance companies.
The recall covers the 2013-21 Nissan NV200, the 2014-17 and 2019 Nissan NV200 Taxi and the 2015-18 Chevrolet City Express.
The One Big Beautiful Bill Act phases out a once-permanent credit for domestic critical mineral production. That will make it difficult for companies to make investments, battery industry executives ...
Investor anger at Porsche's dismal performance, particularly in China, has mounted pressure on Blume to relinquish his role at the sports-car maker.
Porsche's new CEO Michael Leiters will need to balance investments in new models with cost cuts. He may also have to make changes in the U.S., where Porsche doesn’t have a factory to offset tariffs.
Austin Subaru kept Rally after reportedly terminating a marketing staffer who had cared for the dog over the past three years.
The automaker will boost production in Zilina to 180,000 in 2027 from an anticipated maximum volume of less than 70,000 next year, Kia CEO Ho Sung Song said.
Tesla’s lower-cost Model Y and Model 3 trims achieve cost savings through small and large deletions, raising questions about how far is too far.
Tesla ranked 25th in this year’s report compared with 12th last year, with a brand value of $29.5 billion. BYD entered the list in 90th place.
Including the August surge, EV registrations in the first eight months of the year rose 9.1 percent to 884,104 vehicles, according to S&P Global Mobility.
The investment will support five vehicles, a new four-cylinder engine and more than 5,000 additional manufacturing jobs in the Midwest.