Dealers buying their first and second stores, along with some expanding groups, were among buyers in four single-dealership transactions that closed in the first and second quarters. Here's a look...
Lyft Inc. saw an earnings record and increased revenue in the second quarter amid news that the ride-hailing company laid off approximately 60 employees because of the discontinuation of its...
Tesla’s newest car, the Model Y midsize crossover, is already the automaker’s biggest selling vehicle by revenue, he said, and in 2023 would be the volume leader. The Model Y,...
Created with agency of record Johannes Leonardo, it's the latest extension of VW’s ongoing “Drive Bigger” brand platform. Previous spots that broke this summer include "Those Guys," about a guy oblivious to those...
TRAVERSE CITY, Mich. — Forvia, the French supplier formed by Faurecia's acquisition of Hella, came into being in large part because of Faurecia's need to add more software engineers to...
Wheel supplier Superior Industries International Inc. reported a positive quarter on Thursday, with a staggering jump in net income and a tamer climb in sales despite hurdles such as supply...
Self-driving tech startup Aurora Innovation's second-quarter loss widened more than sixfold as it logged a large impairment charge and continued to ramp up spending on autonomous heavy-duty trucks and robotaxis....
Carvana Co. said Thursday it posted a net loss of $439 million in the quarter ending June 30 — a far cry from its landmark $45 million profit one year...
TRAVERSE CITY, Mich. — Greg Brannon's message to the auto industry is probably not what many technology suppliers want to hear these days. It's that the industry's race to fully...
Clearly the EV incentives will influence companies' decisions about what models to make where — with a premium on flexible manufacturing and affordable vehicles. We could also see a surge...
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