Ally is one of the nation’s largest auto lenders and its auto finance arm contributes significantly to its balance sheet.
Stellantis’ Leapmotor to start Europe production of B10 electric SUV, a rival to VW ID4, Skoda Elroq
Producing the B10 electric SUV in one of Stellantis' Spanish factories would exempt the model from a 31 percent EU levy on Chinese-built EVs.
The Consumer Financial Protection Bureau keeps tabs on nonbank auto lenders doing 10,000 deals a year, a group that includes buy-here-pay-here dealerships and captive finance companies.
The recall covers the 2013-21 Nissan NV200, the 2014-17 and 2019 Nissan NV200 Taxi and the 2015-18 Chevrolet City Express.
The One Big Beautiful Bill Act phases out a once-permanent credit for domestic critical mineral production. That will make it difficult for companies to make investments, battery industry executives ...
Porsche's new CEO Michael Leiters will need to balance investments in new models with cost cuts. He may also have to make changes in the U.S., where Porsche doesn’t have a factory to offset tariffs.
Investor anger at Porsche's dismal performance, particularly in China, has mounted pressure on Blume to relinquish his role at the sports-car maker.
Austin Subaru kept Rally after reportedly terminating a marketing staffer who had cared for the dog over the past three years.
Automotive News Canada digital and mobile editor Greg Layson talks about the effects of Stellantis' announcement on Canada's ...
The suspension is the latest in a series of setbacks for the EV supply chain in Quebec. The province has attracted numerous big-ticket battery investments over the past four years.
Tesla’s lower-cost Model Y and Model 3 trims achieve cost savings through small and large deletions, raising questions about how far is too far.
The U.S. Trustee argued that “serious allegations of fraud, dishonesty, incompetence, misconduct, or mismanagement,” justifies a quicker-than-normal process to appoint a bankruptcy examiner for First ...
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