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UPDATED: 4/25/18 5:48 pm ET -- details plans for cuts

Ford brand sedans to be nixed in N.A. as company nearly doubles cost-cutting target

Ford said it plans to stop selling all Ford brand sedans in North America and that it has nearly doubled its cost-cutting target by 2022 from the plan it laid out only six months ago.

AutoNation's Jackson, Magna's Stronach named to Automotive Hall of Fame

AutoNation's Mike Jackson, Toyota's Kiichiro Toyoda, Magna's Frank Stronach and Car Talk's Ray and Tom Magliozzi will be inducted into the Automotive Hall of Fame.

FCA spiffs dealers to spin Ram through loaner fleets

FCA US, battling a decline in demand for Ram pickups, is offering added April incentives to dealers in the United States who add new trucks to service loaner fleets and count them as sales.

Bosch claims a 'breakthrough' that could save diesel engines

Bosch said its engineers have developed a diesel exhaust system that cuts emissions far below legal limits and can help automakers avoid potential driving bans in Europe.
■ Bosch seeks to restore diesel reputation with new staff rules

GM to reinstate 3rd shift in Spring Hill, plans Holden version of GMC Acadia

GM plans to reinstate a third shift at its assembly plant in Tennessee to meet growing demand in the United States for crossovers and add production of an all-new Holden version of the GMC Acadia.
■ GM banks on Chinese vehicle family to boost Brazil sales

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Penske Q1 net soars behind broad gains

First-quarter net income at Penske Automotive Group soared 31 percent to $108 million, powered by profit gains across all areas of the auto retailer's business.

Lithia Q1 net rises 2.6 percent

Lithia Motors' first-quarter net grew on strong service and parts and finance results, despite a drop in new-vehicle sales and narrowing gross profit margins.

The rise of a used-car powerhouse

Reagor Dykes Auto Group, a budding powerhouse on Automotive News' list of the top 100 dealership groups in used retail sales, sells well beyond its west Texas base.


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