Genesis making slow progress on retail stores
Only last year, Genesis opened its first two dealerships — one in Lafayette, La., and the other in Greer, S.C. Though there are about 100 more in some phase of...
Scout Motors picked South Carolina for speed, says CEO
Scout Motors chose a greenfield site just north of Columbia, S.C., for a new $2 billion factory over a number of other sites across the U.S. in part because it...
Murgado Automotive Group buys car dealerships in Illinois
Murgado Automotive Group of Miami has expanded again in the Chicago area, about three months after acquiring two dealerships in the region. The group's CEO, Mario Murgado, on Friday purchased...
Subaru’s Troy Poston named head of U.S. sales
Subaru of America has promoted one of its regional vice presidents to lead its U.S. sales operations effective April 1, succeeding Jeff Walters, who will transition to the brand's top...
EV battery damage might force insurers to write off entire car
Sandy Munro, head of Michigan-based Munro & Associates, which tears down vehicles and advises automakers on how to improve them, said the Model Y battery pack has "zero repairability." "A...
VW has had its Russia assets frozen by a local court
MOSCOW -- A Russian court has frozen all Volkswagen’s assets in Russia, court documents seen by Reuters showed. VW was one of a string of foreign automakers that suspended operations...
Audi CEO Markus Duesmann says Europe is losing race with China
In an effort to catch up, Audi is building an electric vehicle plant in Chengchun and has already rolled out its Q4 E-tron and Q5 E-tron Roadjet in China and...
The latest numbers on the automotive microchip shortage
Automakers cut remarkably fewer vehicles from their production schedules worldwide last week because of the microchip shortage — just 2,400 vehicles, one of the lowest weekly totals in months, according...
2024 Mercedes-Benz GLA update adds mild hybrid
The 2024 GLA, scheduled to arrive at dealerships this year, will have a new grille with vertical louvers and a redesigned front bumper. The headlights and taillights have been changed...
Mackinac Island Ferry Co. has EV plan for VW settlement fund
Volkswagen's diesel emissions cheating scandal is helping a ferry service for tourists in northern Michigan go electric. The Mackinac Island Ferry Co. plans to use a $3 million grant from...