Toyota has created a new class of stock that locks shareholders into holding their certificates for at least five years. Toyota says it needs a financial instrument that will allow it to fund long-term investments that won’t pay off for years. How will U.S.-based automakers compete against that?...More
BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More
We call out vehicles with problematic fit-and-finish, materials, ergonomics or unfortunate design choices. Each of these items resulted in points deducted as WardsAuto editors selected the 2016 Wards 10 Best Interiors.
The Australian Securities & Investment Commission says the German automaker will compensate at least 15,000 consumers who may have suffered financial distress because of loans granted by BMW Australia Finance....More