Ford adding overtime Ranger production as first-month sales hit 1,200

Kumar Galhotra, Ford's president of North America, said more than 300,000 hand-raisers have indicated they'd like to purchase the vehicle.

from Section Page News - Automotive News http://bit.ly/2GbBR6s via Falls Church auto repair

Ally's originations rise on used vehicles, fall on new

Ally Financial's used-vehicle originations continued to grow in the fourth quarter, driven in part by loans to Carvana, DriveTime and CarMax customers, while total auto originations fell.

from Section Page News - Automotive News http://bit.ly/2UrltCz via Falls Church auto repair

Ally's used originations rise, while new originations fall

Ally Financial's used-vehicle originations continued to grow in the fourth quarter, driven in part by loans to Carvana, DriveTime and CarMax customers, while total auto originations fell.

from Section Page News - Automotive News http://bit.ly/2HSBosr via Falls Church auto repair

UAW increases pressure on GM to save U.S. plants

The UAW is increasing its efforts to pressure General Motors not to end production at four U.S. plants in 2019.

from Section Page News - Automotive News http://bit.ly/2Uv3Kue via Falls Church auto repair

VW aims to open EV platform to competitors, report says

The automaker is in advanced talks with competitors over opening its modular MEB platform to rivals, a German paper cited the VW brand's strategy chief as saying.

from Section Page News - Automotive News http://bit.ly/2DIBfnb via Falls Church auto repair

Koenigsegg super cars team up with China-owned Saab successor for EVs

The Chinese-backed company born from the remnants of bankrupt Saab is investing about $171 million in a venture with Swedish super car brand Koenigsegg to develop new electric vehicles.

from Section Page News - Automotive News http://bit.ly/2BbdIcV via Falls Church auto repair

Ghosn accuses Nissan execs of 'plot' to thwart Renault plan

Carlos Ghosn told Japan’s Nikkei newspaper that his detention for alleged financial misconduct is the result of "plot and treason" by Nissan executives opposed to his plan for deeper integration with Renault.

from Section Page News - Automotive News http://bit.ly/2HNxD7A via Falls Church auto repair