BizLizzy Reporter, Author at Business, Science & Industry News

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NIADA chief Steve Jordan resigns
Auto August 8, 2020 , by BizLizzy Reporter
Jordan will remain with NIADA in an “advisory capacity” during a 30-day transition, the association said. Read […]
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DARCARS buys 2 Lexus stores, 1 Infiniti dealership
Auto August 7, 2020 , by BizLizzy Reporter
DARCARS Automotive Group of Bethesda Md., has purchased three luxury dealerships in New York and Connecticut, expanding […]
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Fisker has tentative deal for Magna Steyr to build its electric SUV in Austria
Auto August 7, 2020 , by BizLizzy Reporter
Fisker said it expects to reach a definitive agreement “in the next few months” to have Magna […]
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Hyundai names former FCA exec Olabisi Boyle as product, mobility VP
Auto August 7, 2020 , by BizLizzy Reporter
Boyle’s responsibilities include strategic direction of Hyundai’s U.S. vehicle lineup, along with market research, business analytics and […]
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Uber’s quarterly sales tumble, ending a decade of growth
Auto August 7, 2020 , by BizLizzy Reporter
Delivery revenue, which was growing even before the pandemic, surged 103 percent during the quarter and is […]
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Hudson Automotive to buy 4-store Beaman Automotive
Auto August 7, 2020 , by BizLizzy Reporter
Hudson Automotive Group, a growing dealership group in the South, plans to buy the four-store Beaman Automotive […]
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Safety group renews push for Nissan recall over false-positive braking
Auto August 7, 2020 , by BizLizzy Reporter
Documents unearthed by the Center for Auto Safety show a rising number of reports related to false-positive […]
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Magna hires former Ford AV exec to help lead R&D
Auto August 7, 2020 , by BizLizzy Reporter
Sherif Marakby joined Magna on July 6, about eight months after stepping back at Ford, where he […]
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Magna posts $647 million Q2 net loss, but sees improvement coming
Auto August 7, 2020 , by BizLizzy Reporter
The diversified Canadian parts supplier is the latest of several major automakers to report losses this week […]
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Trump reimposes Canadian aluminum import tariff to stem ‘flood’; Canada retaliates
Auto August 7, 2020 , by BizLizzy Reporter
The decision comes more than a month after U.S. Trade Representative Robert Lighthizer expressed concern about recent […]
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Longtime Mitsubishi Chairman Masuko steps down
Auto August 7, 2020 , by BizLizzy Reporter
Mitsubishi Motors Chairman Osamu Masuko, one of Japan’s longest-serving auto chiefs, retires citing health reasons, after leading […]
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CarGurus turns Q2 profit; revenue falls from outbreak
Auto August 6, 2020 , by BizLizzy Reporter
Subscription revenue to CarGurus’ vehicle listings marketplace fell 38 percent in the second quarter. Dealership cancellations stabilized […]

Breaking News

Business, Science & Industry News

NIADA chief Steve Jordan resigns

DARCARS buys 2 Lexus stores, 1 Infiniti dealership

Fisker has tentative deal for Magna Steyr to build its electric SUV in Austria

Hyundai names former FCA exec Olabisi Boyle as product, mobility VP

Uber’s quarterly sales tumble, ending a decade of growth

Hudson Automotive to buy 4-store Beaman Automotive

Safety group renews push for Nissan recall over false-positive braking

Magna hires former Ford AV exec to help lead R&D

Magna posts $647 million Q2 net loss, but sees improvement coming

Trump reimposes Canadian aluminum import tariff to stem ‘flood’; Canada retaliates

Longtime Mitsubishi Chairman Masuko steps down

CarGurus turns Q2 profit; revenue falls from outbreak

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