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Terms weren’t disclosed, but Lithia said it paid for the dealership using existing balance sheet -
The Japanese automaker lifted its annual earnings guidance on the easing chip shortage and a better salesRebounding Mitsubishi swings back to profitability on hot new Outlander
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Michael Lohscheller will lead the Vietnamese automaker’s push to become a “global smart electricOpel CEO Lohscheller to lead VinFast's push into Europe, North America
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The company’s net income was roughly equal to its total profit in the previous 12 months. ReadTesla Q2 net income jumps to $1.1B on record deliveries
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LMP’s latest planned acquisitions are for Cadillac and Nissan dealerships in Houston, a Kia storeLMP to buy stores in Texas, Connecticut and N.Y.
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Omar Vargas has worked for 3M Company, PepsiCo and the U.S. Department of Justice. Read MoreGM hires VP of global policy
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Oscar-winning director of ‘Nomadland’ is behind the Wieden+Kennedy campaign promoting electricFord classics go electric in Chloé Zhao-directed Olympics ad
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Lucid’s debut comes after it completed a reverse-merger with SPAC firm Churchill Capital Corp.EV maker Lucid gets warm reception on Wall Street after SPAC deal
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The agreement comes a month after Lordstown warned it may not be able to continue as a […]Lordstown Motors says hedge fund may buy up to $400 million of its stock
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Sheeran, who joined Canoo’s board in December, is the executive chairman of the McCain Institute.EV startup Canoo names former diplomat Josette Sheeran as president
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CEO Elon Musk faces pressure to deliver on breakthrough batteries and new factories and models, whichTesla's plans for batteries, China scrutinized with Q2 report coming today
Auto July 26, 2021