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Around 1,100 workers at Stellantis’ Warren Stamping Plant will vote May 6 on whether to authorize a […] -
The seating and electronics supplier generated record Q1 revenue but saw net income drop 24% as it […]Lear's Q1 net income falls as auto supplier goes full bore into automation
Auto April 30, 2024 -
How the company executes its next growth period is critical, Carvana CEO Ernie Garcia said. Read MoreCarvana's plans to return to growth sought ahead of Q1 earnings
Auto April 30, 2024 -
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.’s developing captive finance company Driveway Finance Corp. lost […]Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Auto April 30, 2024 -
Taking advantage of production subsidies offered by the U.S. may have put the company ahead financially, but […]Why Honda chose Canada for its $11 billion EV hub
Auto April 30, 2024 -
Penske Automotive Group Inc.’s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly […]Penske Automotive Q1 net income falls 28%
Auto April 30, 2024 -
Rebecca Tinucci, senior director of the electric vehicle maker’s Supercharger business, and Daniel Ho, head of the […]Elon Musk dismisses 2 Tesla senior executives, and their staffs, in fresh job cuts, report says
Auto April 30, 2024 -
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 […]Asbury Automotive says 10 dealerships are up for sale
Auto April 29, 2024 -
AutoNation CFO Thomas Szlosek said that AutoNation Finance is making steady progress as the division continues shift […]CFO: AutoNation Finance should break even by 2025
Auto April 29, 2024 -
Financial terms were not disclosed for the deal, announced Monday and expected to close by the third […]Lear to acquire Spanish automation supplier to ease labor costs
Auto April 29, 2024 -
The automotive industry is being pushed to establish a standard to manage the power flow to electronic […]Standardized power management could extend EV battery range
Auto April 29, 2024 -
The justices turned away Musk’s appeal of a lower court’s decision upholding the 2018 settlement reached after […]Elon Musk loses appeal bid for 'funding secured' case at U.S. Supeme Court
Auto April 29, 2024