Category: Motor Age Articles

A Brazilian court decided that ousted Nissan Chairman Carlos Ghosn or his daughter should have the right to access a contested Rio apartment to retrieve personal belongings, Reuters reported.

A $25 million U.S. transportation grant supporting the expansion of an inland port for containers will directly benefit logistics operations at BMW in South Carolina and other manufacturers in the region.

The new head of the U.S. consumer financial watchdog on Tuesday said she intended to continue some of the work begun by her predecessor Mick Mulvaney, including a review of decades-old rules preventing lending discrimination against minorities.

After at least six years of steady growth, banks’ third-quarter auto loan balance decreased from the same period a year ago as credit unions’ loan balance continued to grow, according to Experian.

The large three-row vehicle will slot between the XT5 midsize crossover and the Cadillac Escalade large SUV — white space the brand has needed to fill for some time.

Automakers should listen to their captive finance companies about which incentives would best move metal off dealerships’ lots.

China is considering plans to delay some targets in its strategy to dominate high-end technologies and to put more focus on shaping industry standards, people familiar with the matter told Bloomberg.

Alongside affordability challenges, high interest rates and difficulty obtaining credit for customers have clouded dealers’ typically rosy outlooks, according to Cox Automotive’s Dealer Sentiment Index survey.

Audi marketing expert Bram Schot will become the luxury brand’s CEO on Jan. 1, making permanent a role he has held on an interim basis since June.

Renault has told alliance partner Nissan not to contact its directors ahead of a Renault board meeting on Thursday, a source told Reuters.