RDS Automotive Group expanded its portfolio of brands — on both ends of the spectrum — with acquisitions in late 2021 and early 2022. The luxury-focused group not only purchased...
NEW YORK — Hyundai plans to build the hybrid version if its Santa Fe midsize crossover and the Genesis Electrified GV70 compact crossover at its plant in Montgomery, Ala., Hyundai...
CarMax Inc. said it sold fewer used vehicles in its fiscal fourth quarter as a result of faltering consumer confidence and affordability issues, though revenues from those sales grew nearly...
Penske Automotive Group Inc. has acquired a BMW-Mini dealership and collision center in Southern California that it expects will add about $115 million in annual revenue. Penske said it bought...
Rival Ford Motor Co. said on Monday it had signed a preliminary deal to buy lithium from a Lake Resources facility in Argentina. Rising sales of EVs and a scramble...
The Air Grand Touring Performance will have 1,050 hp and accelerate to 60 mph in 2.6 seconds, Lucid said. The sport variant will have an EPA-estimated driving range of 446...
Toyota's 2023 bZ4X crossover EV will go on sale this month in U.S. dealerships with a name that raises the most quizzical eyebrows across this industry since the ill-fated Merkur...
It is still far from clear which future opportunities are certain and which are still evolving, said some executives at last week's exposition. Advanced safety is a hot field for...
Partnerships with GM and Sony can been seen as a bridge to the time when Honda develops its own next-generation EV platforms and advanced solid-state battery systems. Cooperating buys time...
DETROIT — Automotive News has promoted an editor and two members of the advertising team.Terry Kosdrosky, 51, is audience engagement editor. He will take on additional responsibilities for Automotive News'...
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