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The automaker’s chairman, Canadian billionaire Lawrence Stroll, expects results to be further boosted by new products such […] -
The plant, dubbed “Project Tera,” requires an estimated 10,000 acres of land according to a document seen […]Rivian ready to invest $5 billion in second U.S. assembly plant, document says
Auto July 27, 2021 -
Mark Chernoby, Scott Garberding and Michael Keegan, all of whom started before the DaimlerChrysler era, are leaving […]3 former Chrysler senior execs to retire from Stellantis
Auto July 27, 2021 -
A North Carolina dealership issued an apology after posting on its Facebook page a photo of a […]North Carolina dealership faces backlash after social media post uses derogatory term for Black customer
Auto July 27, 2021 -
Hudson Automotive Group is slated to acquire two Mercedes-Benz dealerships in Ohio and one in Kentucky. The […]Hudson Automotive to buy 3 Mercedes-Benz dealerships
Auto July 27, 2021 -
Terms weren’t disclosed, but Lithia said it paid for the dealership using existing balance sheet funding. Read […]Lithia enters Alabama with Subaru dealership purchase
Auto July 27, 2021 -
The Japanese automaker lifted its annual earnings guidance on the easing chip shortage and a better sales […]Rebounding Mitsubishi swings back to profitability on hot new Outlander
Auto July 27, 2021 -
Michael Lohscheller will lead the Vietnamese automaker’s push to become a “global smart electric car company,” with […]Opel CEO Lohscheller to lead VinFast's push into Europe, North America
Auto July 27, 2021 -
The company’s net income was roughly equal to its total profit in the previous 12 months. Read […]Tesla Q2 net income jumps to $1.1B on record deliveries
Auto July 26, 2021 -
LMP’s latest planned acquisitions are for Cadillac and Nissan dealerships in Houston, a Kia store in Connecticut […]LMP to buy stores in Texas, Connecticut and N.Y.
Auto July 26, 2021 -
Omar Vargas has worked for 3M Company, PepsiCo and the U.S. Department of Justice. Read MoreGM hires VP of global policy
Auto July 26, 2021 -
Oscar-winning director of ‘Nomadland’ is behind the Wieden+Kennedy campaign promoting electric vehicles. Read MoreFord classics go electric in Chloé Zhao-directed Olympics ad
Auto July 26, 2021