Nissan, Renault finalize revamped alliance
TOKYO – Nissan has agreed to invest up to 600 million euros ($663 million) in Renault’s electric vehicle spinoff Ampere under a finalized deal to restructure the companies’ longstanding alliance. In...
NFL Tennessee Titans owner sells 3 Texas car dealerships
"Bud Adams was very diversified in his holdings, which turned out to be a good thing in his lifetime," Randy Scofield, president of KSA Industries, told Automotive News. "Some years,...
Callaway Cars founder dies at 75
Performance auto entrepreneur Ely Reeves Callaway III died July 11 after sustaining injuries in a fall. The Callaway Cars and CEO was 75.Callaway founded Callaway Cars in 1977 in his...
AV legislation draws criticism from safety, consumer advocates
Previous legislative attempts have stalled in Congress, with lawmakers generally supportive of a federal framework but divided over various legal and consumer matters. Ongoing pushback from groups representing consumers, trial...
Mazda3, CX-3 vehicles recalled for rearview cameras
Mazda North American Operations said it is recalling certain 2014-18 Mazda3 and 2016-21 CX-3 vehicles. In the affected 227,335 U.S. vehicles, the rearview camera image may not display properly, according...
Bollinger Motors plans $44M expansion, 237 new jobs
The board of the MEDC's funding arm, the Michigan Strategic Fund, on Tuesday approved a $3 million performance-based grant for the project, which the MEDC said would offset the additional...
Why GM is building a next-generation Chevy Bolt
GM has sold more than 175,000 Bolts in the U.S. since it was introduced in 2016. The nameplate began as a hatchback and expanded to include the larger EUV crossover...
GM Financial’s Q2 earnings fall to $571 million.
GM Financial said on Tuesday that elevated interest rates hurt its second-quarter earnings, which were down 31 percent year over year, despite an uptick in loans and lease originations. The...
Elon Musk to appeal loss in SEC case to Supreme Court
Elon Musk plans to ask the U.S. Supreme Court to consider whether the Securities and Exchange Commission overstepped its authority in enforcing a consent decree that he has called a...
Asbury Q2 earnings: Net income slips 2.5%
Last year, Asbury sold four locations in the first quarter and three more in the second quarter to comply with Toyota and Lexus regional store count limits in the wake...