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Continental has also started reviewing possible divestments, joint ventures and partnerships at the auto unit that has […] -
The retailer’s fourth-quarter revenue was flat compared with a year earlier. Read MoreSonic Automotive Q4 net income soars despite EchoPark, powersport segment struggles
Auto February 14, 2024 -
Sony Honda Mobility will roll out an SUV in 2027 and a compact sometime in 2028 or […]Sony, Honda joint venture to roll out three EVs before 2030, report says
Auto February 14, 2024 -
A California agency has rejected Chrysler-parent Stellantis’s STLAM.MI bid to void a 2019 state emissions deal with […]California agency rejects Stellantis bid to void rivals' emissions deal
Auto February 14, 2024 -
The average cash penetration rate for internal combustion vehicles in 2023 was just over 18 percent, up […]Cash deals are on the rise, for both gas-powered and electric vehicles
Auto February 14, 2024 -
Japan’s Nikkei reported BYD has launched a feasibility study for the Mexican plant and is negotiating with […]BYD plans new EV assembly plant in Mexico, report says
Auto February 14, 2024 -
Dealership sales leads declined because of high interest rates, pricey vehicles and excessive inventory. At the same […]Digital sales leads grow as more car shoppers begin the process online
Auto February 13, 2024 -
Group 1 Automotive’s purchase of RRR Automotive is expected to provide more than $500 million in annual […]Group 1 Automotive buys RRR Automotive Group to expand presence in mid-Atlantic states
Auto February 13, 2024 -
The company said in a statement it is trying to reduce internal bureaucracy, improve decision-making response times […]AutoNation cut back regional executives, reports $7 million in severance expenses
Auto February 13, 2024 -
The deal with Westwater Resources provides the supplier of batteries to Ford, Hyundai and Volkswagen with a […]SK On inks deal for 34,000 tons of EV battery graphite for North American plants
Auto February 13, 2024 -
Tesla is offering $1,000 off until March in the U.S. and Puerto Rico “since most people don’t […]Tesla tries a winter discount for Model Y in cooling U.S. EV market
Auto February 13, 2024 -
Kevin Voelkel, president of Toyota’s truck plant in San Antonio, will succeed Brian Krinock, who is retiring […]Toyota's Texas truck factory chief promoted to head of 5 more North American assembly plants
Auto February 13, 2024