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President Obama’s claim that some wanted to let the auto industry die

“It’s good to remember that the fact that there were some folks who were willing to let this industry die. Because of folks coming together, we are now back in a place where we can compete with any car company in the world.” Read full article >>

Auto Review: 2012 Honda CR-V EX-L

Honda’s thoughtful redesign of the best-selling CR-V has produced a solid, well-made crossover at a reasonable price, says Ron Amadon.

Auto/Mate Introduces Desk/Mate, Advanced F&I Desking System for Auto Dealerships

Auto/Mate Dealership Systems (http://www.automate.com) announced today the introduction of Desk/Mate, an advanced F&I Desking System for auto dealers that is available as part of Auto/Mate’s dealership management system (DMS) software. Desk/Mate allows sales managers to easily compare multiple retail, lease and balloon payment options; as well as multiple vehicle choices for the customer ...

Auto Review: 2012 Mercedes-Benz C250 coupe

Mercedes Benz’s new C250 is a relative bargain for German luxury car, writes Ron Amadon.

Auto Review: 2012 Hyundai Genesis 5.0 R-Spec

It’s unusual for Hyundai to miss the mark so completely, says Ron Amadon, but there are more than a few problems with this muscled-up version of the Genesis sedan.

Capital One profit drops 42%; shares fall

SAN FRANCISCO (MarketWatch) -- Capital One reported late Thursday a surprise 42% drop in fourth-quarter profit as expenses grew and the bank set aside more money for loan losses. Shares fell in late trades. Profit was $407 million, or 88 cents a share, down from $697 million, or $1.52 a share, in the same 2010 period. Revenue edged down 2.5% to $4.1 billion. Loans grew 7.9% to $136 billion ...

Auto Review: 2012 Jeep Wrangler Sport

You can’t have more fun than in a Jeep, and updates for 2012 add comfort and a touch of class to the Wrangler’s unmatched offroad performance, says Ron Amadon.