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Ally profit surges behind wave of auto originations

The Detroit lender's third-quarter net income nearly doubled from the second quarter largely thanks to its highest auto loan and lease origination voRead More



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Tesla nets $331M for 5th straight quarterly profit New! 2020-10-21 16:53:48The automaker said after a record 140,000 deliveries in the quarter that it's sticking to its target of delivering half a million vehicles this year.

FCA rebrands its online retailing platform to E-Shop New! 2020-10-21 16:00:00The newly named E-Shop will improve consumer capability to purchase Chrysler, Dodge, Jeep, Ram, Fiat and Alfa Romeo vehicles from start to finish at h

Cruise, GM to seek U.S. approval for vehicle New! 2020-10-21 14:58:46Cruise unveiled the Origin, which only has two long seats facing each other that can comfortably fit four passengers, in January. GM plans to begin bu

Italian sports-car brand De Tomaso will move to New! 2020-10-21 12:09:58De Tomaso will build its P72 sports car in North America and is "deep" in discussions with multiple states as potential locations for its U.S. opera

Honda reaches $5 million settlement with Ariz. over New! 2020-10-21 12:02:51Arizona said the settlement covers $1.65 million in restitution for state consumers, a $2.13 million repair incentive program, $750,000 for consumer o

GM promises no-haggle pricing for Hummer EV; Edition New! 2020-10-21 11:31:40The price customers see on GMC’s website will be the price they pay, said Duncan Aldred, vice president of global Buick and GMC. All reservation

Lithia posts record net income in Q3 New! 2020-10-21 11:03:57The retailer attributed the profit surge to used-vehicle sales and growth in its service, body and parts business.

AutoNation plans to expand used-car business; Q3 net New! 2020-10-21 09:34:41AutoNation said third-quarter net income soared 84 percent to $182.6 million. Revenue slipped 1 percent to $5.4 billion.

Uber offers more than $1B to buy Daimler, New! 2020-10-21 09:25:51Daimler is ready to sell but BMW wants to offer Uber a stake, Manager Magazin reported.

Mazda draws hundreds of entries for 50-car 'Heroes' New! 2020-10-21 09:19:21Honorees -- U.S. residents who have supported their communities during the coronavirus pandemic -- will be announced starting Dec. 2 and receive a 100

NADA elects Michael Alford as 2021 vice chairman 2020-10-20 17:40:54The National Automobile Dealers Association announced the election results Tuesday during the group's board meeting, held virtually this year because

Clean air champion Nichols on short list to 2020-10-20 17:37:18Environmental advocates call the post central to advancing Biden’s agenda for fighting climate change, while simultaneously bolstering scientifi

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L'Alfa Romeo Giulia GTA (2020) peaufinée par les New! 2020-10-21 12:04:48Les pilotes de F1 Kimi Räikkönen et Antonio Giovinazzi aident Alfa Romeo à terminer le développement de la Giulia GTA.

Porsche : Top 5 des modèles GT en New! 2020-10-21 11:54:15VIDEO. Porsche revient sur cinq modèles GT particulièrement marquants.

Renault Captur 2 : prix, moteurs, hybride, hybride rechargeable, New! 2020-10-21 11:38:19Focus sur le Renault Captur 2 ! Auto Plus vous dit tout sur le SUV citadin de la marque au losange !

L'Audi RS e-tron GT (2020) se montre ! New! 2020-10-21 10:52:24Audi sort la RS e-tron GT, future version sportive de la berline électrique e-tron GT.

Volkswagen Golf GTI Clubsport (2020) : pas de New! 2020-10-21 08:19:45Volkswagen ne prévoirait pas de décliner la nouvelle Golf GTI Clubsport en une radicale version S.

Renault : les modèles sportifs bientôt badgés Alpine New! 2020-10-21 06:23:49Les futures Renault sportives pourraient être développées par Alpine et en porter le nom.

La Volkswagen ID.3 (2020) aux crash-tests Euro NCAP New! 2020-10-21 05:26:35VIDEO. La Volkswagen ID.3 a brillé aux crash-tests d'Euro NCAP.

Hyundai i20 N (2020) : la citadine s'énerve New! 2020-10-21 04:34:47La Hyundai i20 N revendique plus de 200ch pour moins de 1.200kg. On vous la présente en détail.

La Porsche Panamera (2020) grimpe à 700ch ! 2020-10-20 11:38:32Porsche lance trois nouvelles versions de la Panamera restylée, dont une Turbo S E-Hybrid de 700ch.

BMW : un X8 M de 760ch ? 2020-10-20 10:31:44BMW développerait une version M du futur X8, qui pourrait afficher 760ch.

Dacia Spring (2020) : un premier tarif ! 2020-10-20 09:11:13Dacia a communiqué un premier prix pour la Spring. Est-elle la citadine électrique la moins chère du marché ?

Bugatti : une hypercar s'annonce ! 2020-10-20 07:53:18Bugatti annonce en photo un nouveau modèle, qui pourrait être une hypercar de circuit.

Motor Trend

2022 GMC Hummer EV Fast Facts: 11,500 LB-FT 2020-10-20 20:00:52General Motors deemed it a “moonshot”, and those working on the newest GMC model dubbed it Project Obtainium. We know it as the 2022

How GM Fast-Tracked the 2022 GMC Hummer Electric 2020-10-20 20:00:38General Motors is blunt about it. The 2022 GMC Hummer EV, a full-size electric pickup, raced from computer screens to production with mach speed to co

2022 GMC Hummer Electric Pickup First Look: An 2020-10-20 20:00:132022 GMC Hummer EV truck offered exclusively in Edition 1 trim. Lesser Hummer EV trims arrive for the 2023 and 2024 model years. Edition 1 starts at $

2021 BMW M440i First Test: Not Just a 2020-10-20 18:00:19Mt. Baldy road is hardly more than an hour’s drive from downtown Los Angeles, yet it evokes European alpine passes—those that lead from me

2023 GMC Hummer EV SUV: Everything We Know 2020-10-20 16:15:02Hummer is back, albeit as a sub-brand of GMC, not a standalone brand within General Motors. Don’t call it a gas guzzler, either, because the 202

Bugatti’s Latest Vehicle Looks Fit for a Jedi 2020-10-20 15:45:02Time for your weekly dose of “what the heck?” But instead of originating in the darker reaches of the automotive web, this latest installm

Nissan MID4 and MID4-II: The Mid-Engined Supercars That 2020-10-20 14:30:49The above car might look like a discarded design study for the Acura NSX, or maybe an unlicensed BMW M1/Ferrari Testarossa mashup, but it’s actu

Arteon, Wayne: The Volkswagen Flagship’s Cost of Entry 2020-10-20 13:30:01Volkswagen is making considerable changes to the Arteon for 2021. Along with its reworked front end, the upscale VW features an improved interior with

Frozen Bros: BMW X5 M and X6 M 2020-10-20 10:54:30The BMW X5 M Competition (and its swoopy-roofed sibling, the X6 M Competition) are proof that though the laws of physics can’t be broken, they c

What Is a Certified Pre-Owned Used Car? And 2020-10-20 04:10:40The new versus used car debate is as old as time. The price premium commanded by new cars includes warranties and benefits; buying a pre-owned car mea

Land Rover Defender Visual History: How the Off-Road 2020-10-19 17:01:47With the emergence of the Land Rover Defender as our 2020 SUV of the Year—and this Defender marking the first ground-up redesign in the Bri

McLaren’s Upcoming PHEV Sports Car Leaked in Patent 2020-10-19 16:00:04Pour one out for McLaren’s line of Sports Series models, because the British brand’s entry-level model’s production cycle is soon co

Automotive news - from

Malaysia sales jump 26% in September 2020-10-20 12:11:00Malaysia's new vehicle market jumped by over 26% to 56,444 units in September 2020 from weak year earlier sales of 44,666 units, based on registratio

Support for automotive should focus on green recovery 2020-10-20 11:02:00Leaders of the European Automobile Manufacturers' Association (ACEA) have called on EU policy makers and national governments to step up support to t

Ficosa chooses Excelfore for OTA updates in Maruti-Suzuki 2020-10-20 10:46:00Excelfore, a tech company specialising in connected car technologies, has announced it has been chosen by Ficosa to provide its eSync platform for ove

Tesla back in Interbrand Best Global Brands Report 2020-10-20 09:28:00Amazon, set to become one of the global auto industry's (especially new entrant startups') best customers for electric delivery vans, was, along wit

First Dacia EV to be built in China 2020-10-20 08:33:00Renault Group budget brand Dacia has confirmed its first electric model would be produced in China.

Uber and SK Telecom partner in Korea 2020-10-20 08:30:00Uber is to invest over $100 million in a new joint venture with SK Telecom (SKT) plus another $50 million in T Map Mobility - SKT's newly-independent

Hyundai to make Q3 loss due to recalls 2020-10-20 08:03:00Hyundai Motor Group said it expects to make a loss in the third quarter due mainly to KRW3.4trn (US$3.0bn) in provisions for product recalls and quali

GM confirms Spring Hill to build Cadillac luxury 2020-10-20 06:45:00General Motors confirmed on Tuesday (20 October) its Spring Hill, Tennessee assembly plant (built initially in the late 1980s for Saturn) will "begin

Foxconn launches EV open platform and components 2020-10-20 06:16:00Taiwan-based Hon Hai Technology Group (Foxconn - best known as a contractor for Apple iPhones made in China) has said it is ready to formally enter th

BMW reports financial boost as demand rebounds 2020-10-20 06:08:00BMW says that its getting a cash flow boost as vehicle markets continue to recover from the pandemic-induced population lockdowns of the spring.

Thai sales fall 4% in September 2020-10-20 05:59:00New vehicle sales in Thailand declined by just over 4% to 77,433 units in September 2020 from already weak volume a year earlier, according to wholesa

BMW to end Mini Countryman production at VDL 2020-10-20 05:56:00VDL Nedcar will not receive a follow-up order for the new Mini Countryman from BMW Group for the longer term.


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