GM's Korea retrenchment gets an early start

General Motors is already scaling back operations in South Korea ahead of an announced plant closure there in May.

UPDATED: 2/16/18 3:46 pm ET - adds details
UAW-Chrysler training center building sold in Detroit

Princeton Enterprises has purchased the UAW-Chrysler National Training Center building in Detroit for an undisclosed sum.

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Subaru prices 3-row Ascent from $32,970

When the new Subaru Ascent reaches dealers this summer, it will be priced well below its competition in the three-row, all-wheel-drive crossover segment, while becoming the brand's most expensive crossover or wagon.

UPDATED: 2/5/18 1:33 pm ET - adds links
FCA shifts Kuniskis to Alfa, Maserati; Bigland role reduced

Fiat Chrysler Automobiles named Tim Kuniskis to be the new global head for Maserati and Alfa Romeo while trimming some responsibilities from the brands' multitasking former boss, U.S. sales chief Reid Bigland.

UPDATED: 2/1/18 4:33 pm ET - adds stock close
AutoNation Q4 net rises, aided by tax changes

AutoNation's fourth-quarter net income increased 31 percent, boosted by the federal tax bill and a strong performance in its F&I and service departments.

Hyundai plans another live Super Bowl ad

Hyundai's Super Bowl spot will again take shape on game day. The brand will highlight its Hyundai Hope on Wheels initiative and the 60-second spot will air in the fourth quarter.

Hammer named to head ADESA

John Hammer has been named president of the ADESA unit of KAR Auction Services, effective Feb. 26. He replaces Stephane St-Hilaire, who resigned.

Kia releases Super Bowl ad teaser

Kia released a Super Bowl ad teaser on YouTube for its 2018 Kia Stinger sport sedan, starring Brazilian racing icon Emerson Fittipaldi and a mystery driver.

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