Volvo sales drop 2% in February on China hit

Volvo sales drop 2% in February on China hit

Volvo sales fell 2 percent in February to 50,315 cars, the automaker said, pointing to...

Schaeffler misses expectations for 2023 core profit

Schaeffler reported quarterly adjusted core profit (EBIT) of $1.29 billion, weighed by weak demand in...

VW faces lawsuits over claim Porsche EV battery sparked ship fire

The Felicity Ace caught fire near the Azores archipelago two years ago with 3,965 VW...

Tesla halts production at German plant after suspected arson attack

Tesla’s plant near Berlin was left without electricity after a suspected arson attack nearby caused...

Tesla plant in Germany without power after suspected arson attack, report says

Tesla’s Gruenheide plant had to halt production after it was left without electricity following a...

Stellantis cuts supplemental workers at Jeep plants in Detroit, Toledo

Stellantis said the unspecified number of cuts followed an operational review. The automaker previously laid...

Upgraded Mitsubishi site lets customers search for cars they’re prequalified to buy

Mitsubishi has partnered with Santander Consumer USA on an online tool allowing shoppers to get...

Gen Z buyers are a unique opportunity for car dealership F&I office

Younger buyers’ appetite for F&I presents dealerships with an opportunity, but their strategy should not...

Battery startup Our Next Energy lays off another 3 dozen employees

Battery startup Our Next Energy Inc. is again trimming headcount following months of struggles. Crain’s...

Ken Ganley Automotive adds Ohio dealerships, sells Stellantis store

Ken Ganley Automotive Group added two luxury dealerships and a Ford store in two acquisitions...

Santander plans expansion of prequalified auto inventory search site Drive.US

Santander Consumer USA plans a national expansion this year for Drive.US, its digital auto retail...

Nissan joins EV price war, discounts 2024 Ariya 8-10%

The 2024 Nissan Ariya receives a $3,600 to $6,000 price cut depending on trim level....

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