GM preparing to launch a new premium import business in China
General Motors plans to create a new premium brand in China to market what the automaker's China chief Julian Blissett recently described as "halo cars" brought in from the United...
Tesla submits partial response to NHTSA in safety probe of in-vehicle gaming feature
WASHINGTON — Tesla Inc. has submitted a partial response to NHTSA's information request in an investigation of the electric vehicle maker's decision to allow video games to be played on...
Soaring metal costs stemming from Russian invasion hit the auto industry
Studemund's company has also been contending with high prices for nickel. Caspar Rawles, chief data officer at specialist consultancy Benchmark Mineral Intelligence, said that while Russia accounts for 5 percent...
GM to build $393 million EV battery materials plant in Quebec
Parks said Canada will play an “important role” in the company’s effort to develop a battery supply chain in North America, with the project receiving strong backing from the local,...
Wholesale used-car prices fell slightly in February
Wholesale used-vehicle prices dipped in February, more evidence that a monthslong elevation in prices is faltering. Cox Automotive said Monday that its Manheim Used Vehicle Value Index, which tracks vehicles...
Group 1 Automotive buys high-volume Toyota store in Texas
Group 1 Automotive Inc. on Monday acquired Charles Maund Toyota in Austin, Texas, which the auto retailer expects will add $435 million in annual revenue. Group 1, of Houston, said...
Cindy Estrada, head of UAW’s Stellantis department, to retire in December
Cindy Estrada, vice president of the UAW-Stellantis department, will retire at the end of this year after nearly three decades with the union. "The work is not done, but I...
Wholesale used-vehicle prices fell slightly in February
Wholesale used-vehicle prices dipped in February, more evidence that a monthslong elevation in prices is faltering. Cox Automotive said Monday that its Manheim Used Vehicle Value Index, which tracks vehicles...
Intel’s Mobileye confidentially files for IPO in U.S.
Intel Corp. said Monday its Mobileye autonomous vehicle technology unit has confidentially filed paperwork for an initial public offering in the United States, which could value it at than $50...
Asbury Automotive Group sells Toyota dealership in Colorado
Asbury grew to 10 Lexus stores with those acquisitions, and high-performing dealership groups are allowed up to eight Lexus stores nationally under framework agreements, Hult said. Hult also told Automotive...