BMW’s North America unit is recalling about 150,000 cars and sports-utility vehicles in two separate actions to fix faulty fuel pumps that could cause the vehicles to lose power, the German automaker said Tuesday.
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AutoTrader.com has agreed to buy the venerable Kelley Blue Book automobile pricing enterprise for an undisclosed amount, the companies said Tuesday.
Kelley Blue Book will operate as a subsidiary of AutoTrader and continue to be headquartered in Irvin…
The U.S. automaker reported a $1.7 billion profit on strong demand for its revamped line of products, despite a lackluster economy. Continued growth at its Ford Credit finance unit also helped push profits higher.
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Despite pleas by two members of Congress, General Motors said it would proceed with plans to close hundreds of dealerships across the U.S.
Continue reading General Motors Says ‘No’ to Postponing Dealership Clos…
Ford Motor (F) plans to spend $850 million during the next three years to improve and expand plants in Michigan that will result in in 1,200 new full-time jobs, the automaker said Monday.
The capital improvements are part of the company’s plan to upgr…