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Automobile

European sales plunge 25% in Sept. amid chip shortage

European passenger-car registrations slumped 25 percent in September as the microchip shortage squeezed the supply of vehicles to dealerships. Sales…

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Automobile

Credit Acceptance finalizes $27.2 million settlement with Massachusetts

Credit Acceptance Corp. has formally settled a lawsuit brought last year by the attorney general of Massachusetts, which called into…

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Automobile

Airbag, seat belt supplier Joyson names new CEO

Guido Durrer, who steered Joyson Safety Systems for more than three years following its takeover of Takata Corp.’s business operations,…

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