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DealerOn gets private equity investor

Dealership website provider DealerOn said Monday it received an investment from private equity firm NexPhase Capital LP, a partnership the dealer vendor said will help it achieve scale. Terms of the deal were not disclosed, though DealerOn said it will continue to be...

Lincoln opens orders for first China-built product

Ford Motor Co.’s Lincoln luxury brand began taking orders for its first locally produced model, the Corsair crossover, launching a renewed, multi-year plan to boost flagging sales by building more vehicles in China. The Corsair, produced at Ford’s joint venture with...

Nissan Vice COO Jun Seki to resign in blow to turnaround plan

YOKOHAMA — The executive tasked with leading a recovery at Nissan Motor Co. said he had decided to resign just weeks into his new job, a move that could disrupt the automaker’s push to turn the corner on scandal and slumping sales. Jun Seki, Nissan’s...