Author: Automotive News Breaking News Feed

GM is running a Black Friday sales promotion for nearly two weeks on some of its most popular vehicles, offering buyers nationwide the same discounted prices the company offers to employees of its suppliers.

George Blankenship, the lead architect of Tesla’s sales strategy and distribution network for more than three years, has left the automaker.

U.S. regulators blocked automakers from promoting vehicle safety ratings of more than 5 stars, three months after Tesla touted an outsized score on its Model S electric car.

Just days after a tornado severely damaged its building and inventory, Eriks Chevrolet in Kokomo, Ind., is open and selling cars.

Dealer software giant Reynolds and Reynolds purchased XtreamService, a niche maker of customer retention software that helps dealers determine prospects who can buy new cars for the same or lower monthly payments as the vehicles they are driving.

Shares in auto supplier Johnson Controls rose to their highest level since at least 1980 after the company said it will boost a stock-buyback program by $3 billion on greater confidence in its outlook for fiscal 2014 and beyond.