Meanwhile, introduction of the Indonesia-built Xpander utility vehicle to Mexico is helping shore up business in another critical North American market, the company said. Mitsubishi, which recently kicked off a...
Group 1 Automotive has acquired three General Motors dealerships in Texas that the auto retail giant expects will add $760 million in annual revenue. The Houston-based dealership group on Monday purchased...
Fisker is facing delays on delivering its debut electric SUV to customers because of problems integrating software into the vehicles, according to people familiar with the matter. The EV startup,...
Lucid is still in the early stages of raising brand awareness and converting EV shoppers to Air owners."We're still early on in our customer growth stage of innovators and early...
Lucid Group Inc.'s first-quarter net losses widened as sales came under pressure after aggressive price cuts from EV market leader Tesla Inc., sending shares lower more than 8 percent in...
Qualcomm Inc. said on Monday that it would acquire Israel's Autotalks Ltd., a maker of chips used in crash-prevention technology in vehicles, as the U.S. firm looks to expand its...
Toyota said Friday it planned to reveal the redesigned 2024 Tacoma on May 19. A day later, the midsize pickup's enthusiast base apparently decided that was too long to wait,...
Noodle beginnings Vuong, 54, is Vietnam’s richest man, with a $3.9 billion net worth, according to the Bloomberg Billionaires Index. He started his own business while studying in Moscow and...
In a sign of its growing regional independence from headquarters in Germany, Volkswagen Group of America has named a Brazilian veteran VW executive as the brand's new head of design...
The sweeping changes come as Volkswagen Chief Executive Oliver Blume conducts a strategic review of every facet of the carmaker after taking over from former leader Herbert Diess last September....
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