Category: Motor Age Articles

Ally Financial’s used-vehicle originations continued to grow in the fourth quarter, driven in part by loans to Carvana, DriveTime and CarMax customers, while total auto originations fell.

The UAW is increasing its efforts to pressure General Motors not to end production at four U.S. plants in 2019.

The automaker is in advanced talks with competitors over opening its modular MEB platform to rivals, a German paper cited the VW brand’s strategy chief as saying.

The Chinese-backed company born from the remnants of bankrupt Saab is investing about $171 million in a venture with Swedish super car brand Koenigsegg to develop new electric vehicles.

Jason Bateman plays an elevator operator in Hyundai’s Super Bowl ad that pitches its “Shopper Assurance” program, which seeks to modernize the car-buying experience.

VW Group’s sales of electrified vehicles rose 30 percent to about 100,000 last year. About one-third were full-electric vehicles, while the rest were plug-in hybrids.

Bosch plans a push into parking, charging and maintenance services for electric and self-driving vehicles, a market the supplier expects to become “huge.”

The alliance sold 10.76 million light vehicles globally last year, outpacing rivals Volkswagen and Toyota.

Renault and Nissan hired French auditor Mazars to investigate possible wrongdoing in their alliance in a sign that the partners are moving forward on a joint probe following Carlos Ghosn’s arrest for alleged financial crimes, sources told Bloomberg.

Nissan CEO Hiroto Saikawa will hold his first face-to-face discussion with new Renault Chairman Jean-Dominique Senard on the sidelines of an alliance meeting on Thursday, Japanese media reported.