Fair Holdings, Inc., Led by TrueCar Founder Scott Painter, Completes $227 Million Take-Private Acquisition of TrueCar with PenFed, Zurich North America, AutoNation and Others

The acquisition of TrueCar will refocus the business on profitability and the future of how consumers access mobility. SANTA MONICA, Calif., Jan. 21, 2026 /PRNewswire/ — TrueCar, one of the most recognized and trusted automotive brands, today announced the completion of its sale in a take-private transaction with Fair Holdings, Inc., led by TrueCar Founder… Continue reading Fair Holdings, Inc., Led by TrueCar Founder Scott Painter, Completes $227 Million Take-Private Acquisition of TrueCar with PenFed, Zurich North America, AutoNation and Others

Inside Magma: Why Genesis is taking on BMW M and AMG

It’s doing reasonably well in the US and Canada but is less well established in Europe, partly because Genesis only launched here in 2021, and then only in selected countries. Genesis sold around 1000 cars in the UK last year and just over 5000 here in total. It has also had to pivot from original… Continue reading Inside Magma: Why Genesis is taking on BMW M and AMG

Mercedes-AMG priming new GLC 53 with six-cylinder PHEV

Mercedes-AMG is readying a new 600bhp range-topping GLC that will be unveiled later this year, replacing two SUV models in the firm’s stable. Arriving as part of a mid-life facelift for the second generation of the combustion-engined GLC, the new GLC 53 will use the plug-in hybrid powertrain from the E53.  Combining a turbocharged 3.0-litre… Continue reading Mercedes-AMG priming new GLC 53 with six-cylinder PHEV

German Handelsblatt: Mercedes: GLC production in the USA is delayed012239

Las Vegas, Dusseldorf. Against the backdrop of another customs dispute between the USA and Europe, the car manufacturer Mercedes-Benz has announced that it will significantly expand its production in the USA – albeit later than previously planned. The SUV model GLC should now roll off the production line in the US plant in Tuscaloosa “a… Continue reading German Handelsblatt: Mercedes: GLC production in the USA is delayed012239

German Handelsblatt: Mercedes: GLC production in the USA is delayed012237

Mercedes plant in Tuscaloosa: The company also wants to have the GLC manufactured there. Photo: Mercedes-Benz AG Now Mercedes no longer wants to produce the current combustion engine version of the GLC in the USA, but rather the successor model. Apparently Mercedes is hoping for higher demand for the new vehicle. The current GLC was… Continue reading German Handelsblatt: Mercedes: GLC production in the USA is delayed012237

German Handelsblatt: Mercedes: GLC production in the USA is delayed012237

Mercedes plant in Tuscaloosa: The company also wants to have the GLC manufactured there. Photo: Mercedes-Benz AG Now Mercedes no longer wants to produce the current combustion engine version of the GLC in the USA, but rather the successor model. Apparently Mercedes is hoping for higher demand for the new vehicle. The current GLC was… Continue reading German Handelsblatt: Mercedes: GLC production in the USA is delayed012237

NRB USA Opens Product Development Facility in South Carolina

NRB Bearings Corporation has established a New Product Development (NPD) facility in Columbia, South Carolina, marking the company’s entry into domestic manufacturing operations. Vice Chairman and Managing Director Harshbeena Zaveri inaugurated the facility on January 19, 2026. The center will serve NRB’s North American automotive customers, including Meritor, Magna, Dana, Daimler’s Detroit Diesel division, and… Continue reading NRB USA Opens Product Development Facility in South Carolina

Luminar founder Austin Russell agrees to accept subpoena in bankruptcy case

Luminar founder and former CEO Austin Russell has agreed to accept an electronic subpoena for information on his phone related to the company, as part of the lidar maker’s ongoing bankruptcy proceeding, per a new filing Tuesday. Russell now has seven days to file a motion to quash the subpoena, or object to it —… Continue reading Luminar founder Austin Russell agrees to accept subpoena in bankruptcy case

Mercedes-Benz of Arrowhead Highlights Certified Pre-Owned GLA SUVs Available in Peoria, AZ

CPO GLA SUVs Are Available at Mercedes-Benz of Arrowhead PEORIA, Ariz., Jan. 20, 2026 /PRNewswire/ — Mercedes-Benz of Arrowhead is spotlighting its selection of Certified Pre-Owned Mercedes-Benz GLA SUVs, offering drivers in Peoria and the greater Phoenix area a compelling opportunity to experience luxury compact SUV ownership with added value and confidence. The Mercedes-Benz GLA… Continue reading Mercedes-Benz of Arrowhead Highlights Certified Pre-Owned GLA SUVs Available in Peoria, AZ

German FAZ: There is no such thing as a gentle conversion010459

From the rolling hills of Tuscany, some of the difficulties in faraway Germany may seem a little less sharp. But there are tasks that have to be completed, and Wolfgang Reitzle doesn’t want to let anything slide in the last few meters of his professional life. The 76-year-old captain of industry has created a retirement… Continue reading German FAZ: There is no such thing as a gentle conversion010459