My Own Auto

In this week’s Window Shop episode, we set out to find the best and most interesting cars from brands that no longer exist in the U.S. market. Think Saab, Saturn, Spyker, Sterling, Suzuki—and then wonder why so many dead brands begin with the letter S. Armed with 5000 imaginary dollars, …

Net income fell nearly 60 percent for Ally Financial Inc., one of the largest U.S. auto lenders, in the second quarter as the lender absorbed further impact from the coronavirus pandemic. Volatile used-vehicle values, record-high unemployment and more than a million consumers exiting forbearance protections were among the reasons the …

Henrik Fisker, CEO of EV company Fisker, tweeted out that the upcoming 2022 Fisker Ocean electric SUV will get Volkswagen’s MEB platform. The tweet coincides with an SEC slide deck that mentions the platform as a key element to bringing the Ocean to market. Neither Fisker the company nor Volkswagen …