Sonic Automotive Inc. reported lower net income but higher revenue for the second quarter as new- and used-vehicle volume at its franchised dealerships and its EchoPark used-only stores dropped. Sonic's...
TOKYO -- Shares of Mitsubishi Motors Corp. headed for their biggest one-day gain in six years on Thursday, surging more than 13 percent after the automaker's quarterly profit almost tripled...
Sonic Automotive Inc., citing timing and market conditions, said it ended a strategic review of its EchoPark used-vehicle unit without taking further actions. One analyst covering the publicly traded retailer...
With his experience, Taraborrelli becomes one of the most senior managers on Apple’s EV team and brings some exotic-car panache to the effort. The executive worked on Lamborghini models such...
The U.S. already has offered a swap for Bout but Moscow so far hasn’t accepted it, according to the person familiar with the proposal, who asked not to be identified...
TOKYO – Operating profit at Nissan Motor Co. dropped 14 percent in the latest quarter, as falling sales and production snarls undercut the carmaker's rebound on better pricing power. COO...
Stellantis this year rolled out an ambitious plan to double annual revenues by 2030 and turn its range from traditional combustion engines to EVs. "We are ahead of Tesla in...
For the month of June, Toyota booked record overseas output of 637,240 units, and a best-ever sales total of 750,450 vehicles. The totals include the Daihatsu minicar and Hino truck...
WASHINGTON -- A breakthrough deal between U.S. Sens. Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles, according to...
“We’re moving with purpose and speed into the most promising period for growth in Ford’s history — to innovate and deliver great products and connected services, raise quality and lower...
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