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World Omni and Lincoln, Mercedes-Benz captives lead in consumer financing satisfaction

Lincoln Automotive Financial Services and Mercedes-Benz Financial Services tied as the highest ranked luxury-brand auto lenders in J.D. Power's 2018 U.S. Consumer Financing Satisfaction Study, while World Omni Financial Corp.
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VW's CEO Herbert Diess says big changes are ahead for automaker, 'big potential' in United States

Herbert Diess has been CEO of Volkswagen Group only since April, yet the 60-year-old former BMW executive now heading one of the world's largest automakers has a clear vision of where he wants to lead his company.
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Carvana expansion not impeded by wider losses

Carvana Co.'s aggressive growth shows no sign of slowing: The online used-car retailer continues to charge into new markets on the strength of investor backing and improving vehicle sales and gross profit. Net profit, however, remains elusive.
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Chase Auto unifies marketing, direct lending

Chase Auto has handed the direct lending reins over to its chief marketing officer. The move is part of its effort to unify its consumer-facing auto business and to present Chase Auto as more of a holistic resource than a traditional auto lender.
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VW CEO Herbert Diess says automaker has put most of its diesel emissions scandal in the past

CEO Herbert Diess says that, thanks in part to a global strategy shift to electric vehicles and efforts to clean up its own house after spending more than $30 billion to make things right, VW has put "most" of the diesel scandal in the past.
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VW may invest in Ford-backed Argo as alliance talks advance

The two automakers are nearing a framework agreement to join forces on electric and self-driving vehicles #8212; capital-intensive areas that are reshaping the auto industry and straining carmakers' finances across the globe #8212; people familiar...
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VW still faces a 'lot of work' after diesel violations, compliance auditor says

Volkswagen and an independent monitoring team still have "a lot of work to do" before the company's compliance procedures can be certified after a $27 billion global emissions cheating scandal, an independent auditor said.
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Mazda3 teaser photo signals new design language

Mazda will pull the curtains on the next-generation Mazda3 small car at this month's Los Angeles Auto Show, kicking off a new era of performance-oriented vehicle platforms and Skyactiv-X drivetrains, all wrapped in a voluptuous new design language.
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