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Whelan, a former Marine and BorgWarner manager, was arrested in Moscow in December 2018. He was found […] -
The Federal Reserve indicated labor supply and demand are in sync in the U.S. economy for the […]Auto suppliers continue to face worker shortage and high costs
Auto August 1, 2024 -
Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the […]Lithia net income down 28% in Q2 despite record revenue of $9.2B
Auto August 1, 2024 -
Nissan and Honda are a step closer to forming a new Japanese alliance with Mitsubishi in a […]New Japanese EV alliance emerges with Nissan, Honda, Mitsubishi
Auto August 1, 2024 -
The U.S. light-vehicle market rose 1 to 3 percent in July, analysts said, as many dealers recovered […]Hyundai gains 4%, Kia slips 10% in July; overall market expected to rise
Auto August 1, 2024 -
Maverick Lobo is the latest example of Ford creating subbrands for popular nameplates that include variants to […]Why Ford is expanding Maverick pickup line with Lobo street truck
Auto August 1, 2024 -
Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins […]Hybrids, currency windfalls help Toyota extend record profit momentum
Auto August 1, 2024 -
At VW’s so-called core group, which consists of the VW, Skoda and Seat brands, profitability dropped to […]VW Group profit falls on restructuring charges, lower deliveries
Auto August 1, 2024 -
Launched last year by the Petra Cares Foundation, the philanthropic arm of Petra Automotive Products, the project […]Petra Cares' technician training program celebrates one year of changing lives
Auto July 31, 2024 -
AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits […]AutoNation net income, revenue harmed by CDK cyberattacks
Auto July 31, 2024 -
Automakers, which have made lofty revenue projections about the riches to be found in the sale of […]Lawmakers ask FTC to investigate the sale of driver data, alleging ‘flagrant abuse' of privacy
Auto July 31, 2024 -
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter […]Penske Automotive Q2 net income falls 20% on higher interest costs
Auto July 31, 2024