Three dealership groups expanded with second- and third-quarter acquisitions, while a new group bought a pair of dealerships in May. Here's a look at the deals involving luxury, domestic and...
WASHINGTON — NHTSA chief Steven Cliff is leaving the nation's top auto safety regulator and will join the California Air Resources Board as its executive officer on Sept. 12, the...
Last month, LMP said it signed an agreement to sell its Stellantis store in White Plains, N.Y., which it expects will generate $15.8 million. That transaction also is expected to...
WASHINGTON — U.S. auto safety regulators are investigating certain Hyundai and Kia vehicles from the 2020-22 model years after allegations of exploding seat belt pretensioners that have been linked to...
WASHINGTON — U.S. auto safety regulators have opened a safety probe into more than 1.7 million Ford Fusion and Lincoln MKZ midsize sedans after reports alleging front brake hose failures....
Inventory levels continue to stagnate in the U.S. at just over a million vehicles as continuing supplier issues block automaker attempts to boost production, despite a slowdown in sales, according...
TOKYO -- Mazda Motor Corp. said on Friday it would ask its parts suppliers to increase stockpiles in Japan and produce components outside China after COVID-19 lockdowns in Shanghai destabilized...
Marchionne, the suit said, "formally solicited GM for a merger" in the spring of 2015 and was rejected. From there, the suit alleges that Marchionne orchestrated a negotiation of the...
Rivian Automotive Inc. reported revenue tallied $364 million in the second quarter while the EV maker's net loss widened to $1.71 billion, from $580 million a year earlier. The startup,...
The bill comes 18 months into a disruptive global microchip shortage that has crimped auto production worldwide and sent average vehicle transaction prices soaring. Automakers have cut 13.5 million vehicles...
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.