After failing to enter the U.S. market in 2010, India’s Mahindra and Mahindra is taking a novel approach in its second attempt #8212; making vehicles in Detroit.
Political window opens for mpg gains through high-octane fuel
Automakers and others sense an opportunity to create a national high-octane standard that satisfies Big Oil, agribusiness, regulators and the auto industry.
All public dealership groups raise average FandI profit per vehicle
All six public new-vehicle dealership groups improved average FandI gross profit per unit in the first quarter, driven primarily by FandI training and an increase in product sales.
A magnesium plant fire is the kind of black swan event that’s unavoidable in an era when auto parts often are delivered just hours before they’re needed on the assembly line, but prior disasters have taught automakers valuable lessons.
Profit drop in once reliable N.A. drags down Subaru
North America, long the earnings engine for Subaru, suddenly turned into a drag on global profits amid spiraling incentives due to increased crossover competition.