Volkswagen Has Marked Down Porsche by €9 Billion in a Year. The 1% Forecast Is Just the Receipt.
Volkswagen’s 1 percent profit forecast is really about a €6 billion Porsche goodwill write-down, its second in a year, and…
September 25, 2026
Group 1’s $1.25 Billion Bond Sale Is a Down Payment on Atlanta Luxury Dealerships
Car dealers usually talk about financing in terms of monthly payments and “what would it...
Volkswagen Just Wrote Off €6 Billion of Porsche. The 911 Is the Only Porsche Still Growing.
Volkswagen's roughly €6 billion Porsche write-down isn't a verdict on the 911. It's the bill for a China, SUV and…
Walser Brings Ford Back After 20 Years. Ford Had Less Say in It Than You’d Think
Walser's largest acquisition returns Ford to its lineup after 20 years. The bigger story is how little control Ford had…
Bosch’s €270 Million EV Write-Down Explains Nearly All of Its Margin Drop
The world’s largest auto supplier just admitted that some of its factories are ready for...
Prosecutors Say a Drugged Driver Killed Two People on an LA Bus. Three More Died Covering the Crash, and She Isn’t Charged for Those. Yet.
Bailee Lynn Rios faces two second-degree murder counts in the Chatsworth Metro bus crash. Whether she's charged for the three…
The Plant That Built Every Modern Dodge Challenger May Soon Build Armored Trucks. Canada Already Paid $222 Million Expecting Jeeps.
Stellantis signed an MOU to sell its idled Brampton Assembly Plant, where the Challenger, Charger and 300 were built, to…
The Steering Bolt Broke on Another Continent. Volkswagen Recalled 208,724 American SUVs Anyway.
Volkswagen is recalling 208,724 Atlas, Tiguan and Audi Q3 SUVs over a steering rack bolt that can corrode and snap.…
Flock Can Build the Cameras. It Can’t Build the Roadside.
Florida and Texas did not ban plate-reading cameras. They pulled the roadside permits and public money Flock depends on, and…
Credit Acceptance’s $694 Million Deal Is 91% Canceled Debt: What Utah Borrowers Get
Subprime car lending runs on one uncomfortable assumption. Some borrowers won’t finish paying, so the...
Greg Biffle’s Estate Is Now Facing $40 Million in Claims. His Ex-Wife Just Asked to Freeze the Money.
Nicole Biffle wants $10 million from Greg Biffle's estate over their daughter Emma's death in the Statesville plane crash, and…
Hyundai’s $5.8B Mississippi River Mill Is a Tariff Hedge Wrapped in Direct-Reduced Iron
Carmakers usually treat steel the way most of us treat tap water. It shows up,...
Today in Automotive History: September 25, 1926 — Henry Ford Announces the Five-Day, 40-Hour Workweek
Henry Ford announced the Ford five-day workweek on Sept. 25, 1926. The weekend it helped create still shapes how cars…