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Lithia makes minority investment in fleet management company Wheels

Lithia Motors Inc. increased its interests in the fleet management space with a minority investment...

Toyota recalls 11,000 Lexus RXs, NXs over head restraint issue

Vehicles built between March and May are subject to the recall....

Jeep Renegade EV’s sub-$25,000 price point seen as difficult to reach

Industry observers suggest electric Jeep can boost sales even if most Renegades sell for more...

Vehicle lessee, Asbury employee sue CDK after cyberattacks

An Asbury Automotive Group Inc. employee and a consumer who leased a vehicle from a...

CDK cyberattacks delay dealership acquisition closings

Cyberattacks at dealer management system provider CDK Global have delayed some dealership acquisitions, buy-sell brokers...

Electrify America boosts charger reliability, access

Electrify America has replaced legacy charging equipment with more sophisticated chargers that can quickly power...

Ram tops J.D. Power quality survey; Porsche is No. 1 premium brand

Ram climbed to first place in the 2024 J.D. Power U.S. Initial Quality Study, but...

Rivian reaffirms flat 2024 production of 57,000 vehicles during investor event

Rivian’s stock price was falling in midday trading after the automaker projected second-quarter deliveries in...

Cloaked Audis, covert CEO meeting: How VW’s $5B Rivian bet unfolded

The deal is crucial for both companies as Rivian gets a financial lifeline to survive...

Continental names board member Olaf Schick as CFO

Olaf Schick is currently responsible for integrity and law at Continental. He adds the title...

Mercedes is spending more than previously planned on combustion engines, report says

CEO Ola Kallenius’ comments come after the executive told investors in February that Mercedes would...

Week 2 of CDK outage changes dealers’ way of doing business

Dealerships that quickly cobbled together workarounds with old-school techniques and by having other DMS providers...

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