News - Auto News

Activist investor turns up heat on Hyundai

Activist hedge fund Elliott Management dismissed Hyundai Motor Group's restructuring plan as insufficient on Monday and called on the South Korean conglomerate to adopt a holding company strategy and appoint more independent board members.

2019 Toyota Avalon gets price bump after redesign

The fifth-generation Toyota Avalon that goes on sale next month as a 2019 model shares almost nothing with the previous generation, including the pricing.

VW's internal handling of emissions scandal 'unsatisfactory,' U.S. monitor finds

VW's independent monitor, former U.S. Deputy Attorney General Larry Thompson, has criticized the automaker's internal response to its emissions scandal, a German newspaper report said.

GM Korea, union reach tentative wage deal

GM's South Korean unit said that it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the automaker to prevent it filing for bankruptcy.

Texas' Reagor Dykes group climbs used-car ranks

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.