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The auto retailing veteran and entrepreneur is branching into automotive finance and insurance. Read More -
The settlement resolves allegations Getaround misled consumers “by using phony owner profiles for fleet cars actually owned […]Car-sharing firm Getaround to pay D.C. $950K for operating without a license
Auto July 23, 2021 -
The acquisition would make Lithia the second public dealership group in the Canadian market. Read MoreLithia to buy Canadian dealerships from Pfaff Automotive Partners
Auto July 23, 2021 -
Strong profits generated by Gentex and Nemak signaled that North American auto suppliers will likely report robust […]Gentex swings to $86.5 million profit in Q2, signaling strong quarter for suppliers
Auto July 23, 2021 -
What engineers call structural batteries hold the promise of lighter weight and greater energy efficiency — resulting […]Next step for EVs: Design batteries to strengthen auto bodies, extend range
Auto July 23, 2021 -
Valeo’s first-half earnings before interest, tax, depreciation and amortization rose to 1.21 billion euros ($1.41 billion) from […]Valeo confirms outlook, expects chip shortage to ease
Auto July 23, 2021 -
Volvo reported earnings before interest and tax of 13.24 billion crowns ($1.5 billion) versus a loss of […]Volvo reports record first-half results, but warns chip crisis will hit hard
Auto July 23, 2021 -
The latest version of the driver-assist technology will debut on the GMC Hummer EV pickup this year […]GM to add trailering, automatic lane change to Super Cruise
Auto July 23, 2021 -
Veoneer — which spun off from longtime safety equipment supplier Autoliv in 2018 — will be combined […]Magna International to buy Veoneer for $3.8 billion
Auto July 23, 2021 -
The Biden administration is laying the groundwork to spend roughly $52 billion on semiconductor research and manufacturing […]Biden team plans for chips funding even before Congress acts
Auto July 22, 2021 -
SPAC company Churchill Capital Corp. IV adjourned its Thursday shareholder meeting that was to determine the fate […]EV startup Lucid Motors risks SPAC deal collapse
Auto July 22, 2021 -
The German supplier, which has its North American headquarters in suburban Detroit, said it will produce solid […]Supplier ZF wins $6 billion axle contract, will hire 250 in Michigan
Auto July 22, 2021