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The subprime auto lender reported $214.3 million in profit last quarter off $455.7 million in revenue. -
GM and Inrix will use crash, vehicle and vulnerable-road-user information, along with data from the U.S.GM partnership to provide safety data to transportation officials
Auto May 4, 2022 -
The Department of Energy said it is launching the Electric Vehicles for American Low-Carbon Living programU.S. launches $45 million program for EV battery development
Auto May 4, 2022 -
KAR expects to finalize the sale of ADESA to Carvana within the next week. KAR CEO Peter […]KAR Global close to finalizing ADESA U.S. sale to Carvana
Auto May 4, 2022 -
Invisible AI has developed a sophisticated motion capture device that Toyota will begin using on a widespreadToyota to use innovative AI technology to boost factory efficiency
Auto May 4, 2022 -
The investment in Group14 Technologies comes after Porsche raised its EV sales targets for 2030 to morePorsche leads $400M investment in EV battery startup
Auto May 4, 2022 -
Aston Martin has hired former Ferrari boss Amedeo Felisa as CEO and ex-Ferrari engineer Roberto FedeliAston Martin replaces CEO Tobias Moers with ex-Ferrari boss Amedeo Felisa
Auto May 4, 2022 -
Penske Automotive Group Inc. and Lithia Motors Inc. each announced new single-store acquisition deals.Penske nabs Hyundai-Genesis location near Indianapolis; Lithia adds Ontario store
Auto May 3, 2022 -
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Apple has recruited a longtime Ford executive, Desi Ujkashevic, who helped lead safety efforts and vehicleLongtime Ford exec leaves for Apple to accelerate iPhone maker's EV work
Auto May 3, 2022 -