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The auto industry is sorting out USMCA compliance, looming tariff threats and disruption from the coronavirus pandemic, […] -
The company reported $1.8 billion of cash and cash equivalents and $2.5 billion of total liquidity. Lear […]Lear posts $294M net loss in Q2
Auto August 4, 2020 -
Lithia Motors is continuing its acquisition spree, this time buying four import brand stores in Dallas and […]Lithia buys 4 import brand stores in Texas
Auto August 4, 2020 -
Hackett will step down Oct. 1 after leading the company for more than three years. Ford said […]Jim Hackett to retire as CEO of Ford; Jim Farley named successor
Auto August 4, 2020 -
Sales of light and commercial vehicles increased 15 percent in July from last year to 2.08 million, […]Sales rise 4th straight month as outbreak eases
Auto August 4, 2020 -
Supplier Altair revealed the recipients of its 2020 Enlighten Award, recognizing companies and products for outstanding lightweighting […]Nissan, Toyota, ZF, Harley and others win lightweighting awards
Auto August 4, 2020 -
The automaker failed to get the British trademark rights for the shape of its iconic Defender SUV, […]Jaguar Land Rover loses court battle over Defender trademark
Auto August 4, 2020 -
Subaru booked an operating loss of 15.7 billion yen ($146.2 million) during the recent quarter, reversing an […]Subaru slumps to quarterly loss on pandemic hit
Auto August 4, 2020 -
Jay Chang replaced William Lee, who left Genesis to become CEO of Hyundai’s marketing communications company, Innocean. […]Hyundai names new global head of Genesis
Auto August 3, 2020 -
Ferrari said its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) would come in between $1.26 […]Ferrari cuts full-year guidance after revenues fall in Q2
Auto August 3, 2020 -
Lordstown Motors said it expects to receive about $675 million of gross proceeds from the deal and […]EV maker Lordstown Motors plans IPO, merging with blank check firm
Auto August 3, 2020 -
Cardholders get money back on vehicle-related purchases and can soon match the color of their card to […]Ford launches credit card to boost customer loyalty
Auto August 3, 2020