Lear plans manufacturing plant, ‘hundreds of new jobs' in Detroit
The facility planned on the site of the former Cadillac Stamping Plant will supply GM”s Factory Zero EV plant.
NHTSA opens query into Ford's handling of 2020 recall
The automaker last September recalled more than 700,000 vehicles from the 2020 model year for poor electrical connections that could cause rearview cameras to intermittently show blank or distorted images.
Lear turns $175 million profit in Q2 but lowers full-year outlook
The seating and electronics supplier lowered its full-year guidance range to $19.7 billion to $20.5 billion in net sales, compared with the $20.35 billion to $21.15 billion it predicted in May.
VW issues stop-sale on some Taos crossovers
A spokesman for VW confirmed that its dealers have been issued stop-sale orders for all-wheel-drive versions of its just-launched Taos compact crossover because an unidentified issue may cause engines to stop while the car is in use.
Schomp, Foundation Automotive buy stores in Colorado; Skyway Auto buys in Oklahoma
Schomp Automotive Group and Foundation Automotive Corp. each acquired an import-brand dealership during the third quarter, while Skyway Auto Group acquired its second dealership in the central U.S.