Lincoln puts standalone store plans on hold to address dealer concerns

Lincoln puts standalone store plans on hold to address dealer concerns https://ift.tt/2BqGMwr months after announcing plans to encourage dozens of dealers to invest in standalone stores, Lincoln is temporarily postponing the program amid concerns expressed by some retailers.

Toyota advances plans to replace Takata airbags in 65,000 vehicles

Toyota advances plans to replace Takata airbags in 65,000 vehicles https://ift.tt/2UCRkBc

Toyota said it is advancing by a year plans to replace Takata airbags in about 65,000 Toyota and Lexus vehicles in the United States it had previously replaced.

Musk slams '60 Minutes' for editing comments about chairman

Musk slams '60 Minutes' for editing comments about chairman https://ift.tt/2zVnWh0 CEO Elon Musk criticized “60 Minutes” for editing out parts of his responses to questions about losing the role of chairman last month.

New U.S. consumer watchdog chief lays out goals

New U.S. consumer watchdog chief lays out goals https://ift.tt/2LellTv new head of the U.S. consumer financial watchdog on Tuesday said she intended to continue some of the work begun by her predecessor Mick Mulvaney, including a review of decades-old rules preventing lending discrimination against minorities.

Financing concerns weigh on auto dealers in Q4, Cox survey finds

Financing concerns weigh on auto dealers in Q4, Cox survey finds https://ift.tt/2C8L6lr affordability challenges, high interest rates and difficulty obtaining credit for customers have clouded dealers' typically rosy outlooks, according to Cox Automotive's Dealer Sentiment Index survey.

Cars.com plans to restructure sales operations, cut staff amid investor pressure

Cars.com plans to restructure sales operations, cut staff amid investor pressure https://ift.tt/2Qv3UE2

Cars.com, one of the auto industry's largest online shopping sites, is restructuring its sales operations and eliminating more than 100 positions amid pressure from an activist investment group.