Fred Beans buys 4 Rosenthal Automotive dealerships

Fred Beans buys 4 Rosenthal Automotive dealerships

Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman...

Toyota invests $1.4 billion in Indiana plant for large EV

The investment will add 340 jobs and a new battery pack assembly line, but details...

Ford preps production start of VW Transporter van in Turkey

Building midsize vans in Turkey will lower VW’s costs and help Ford to build scale....

Pretax charges drop Sonic Automotive’s Q1 net income

The company said $7 million in pretax charges contributed to a 12 percent dip in...

Mobileye quarterly loss widens, revenue plunges as chip orders decline

Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders...

VinFast founder commits $1 billion as EV maker bleeds cash

Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his...

Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record

Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19...

XPeng touts ‘super fast’ software, AI upgrades as it mulls Europe output

XPeng’s exports could grow to around 10 percent of its sales this year from about...

Ex-VW brand design chief Kaban to lead MG’s global design

SAIC has hired former VW and BMW designer Jozef Kaban to shake up design at...

Nissan EVs go bold with diagonal front lighting at Beijing auto show

Nissan has shown a creative and bold front lighting design in a clutch of electrified...

GM’s Marissa West looks to connect with retailers as she oversees North American operations

While growing up, General Motors’ first female North American president would collect brochures at the...

Honda spending $11B on EV assembly, battery output in Canada, reports say

The company’s leadership will be joined by a wide range of government officials, including Canadian...

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