Ally’s EV lease strategy includes tax credits, residual guarantee

Ally’s EV lease strategy includes tax credits, residual guarantee

Ally Financial has rapidly expanded its EV leasing business after receiving a 50 percent residual...

Celebrity group’s 4 dealerships sue CDK over cyberattack

Celebrity Motor Car Co.’s four dealerships have all sued CDK Global, accusing it of soliciting...

AutoNation sale of 2 Ford stores may just be start

AutoNation Inc. in August sold two Ford dealerships and it appears it may have more...

JP Clausen brings auto, tech experience to GM manufacturing

JP Clausen, who previously worked for Tesla, Google and Lego, joined GM in April to...

U.S. delays final ruling to hike tariffs on EVs made in China

Higher duties of 100 percent on EVs, 50 percent on semiconductors and solar cells, and...

Toyota design boss asks if radical Lexus next-gen EV styling ‘going to be OK?’

As Lexus readies a next generation of electric vehicles with a radical, new design language,...

Daily 5 for Aug. 29: GM hopes to bolster its fleet business by branding BrightDrop vans as Chevrolets

Welcome to today’s edition of the Daily 5. Back in July, we ran a report...

GM delays additional $330M investment in Thacker Pass, Lithium Americas says

Lithium Americas said General Motors has delayed the second tranche of investment, worth $330 million,...

Toyota recalls over 45,000 vehicles due to risk of tow hitch detachment

Increased warranty claims alerted Toyota of potential issues with their 2023-24 Sequoia Hybrids....

How the world of rally racing helps Subaru of America connect and engage with customers, fans

Subaru of America’s marketing goes beyond love, dogs and safety. An integral component is derived...

Top 5 stories of the week: Ford Future Product; Angela Zepeda leaves Hyundai

A quick look at the top automotive stories of the week as determined by reader...

Editorial: When Fed lowers rates, don’t take advantage of customers

The Federal Reserve signaled that the highest interest rates in more than two decades should...

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