news

Lamborghini’s revenue rises 14% as switch to hybrid models nears completion

First-half deliveries increased 4 percent, putting Lamborghini on course to beat last year’s record....

Automakers reverse course on EV targets

Cooling sales growth, high vehicle prices and uncertain political outcomes have forced automakers to pivot....

Cox: Wholesale vehicle valuations tool adds automakers’ factory-installed options

Cox Automotive said it has enhanced the Manheim Market Report, its wholesale vehicle valuations tool....

How one car dealership group tackles health care insurance costs

A Carter Myers self-insured plan allows it to manage costs and potentially give leftover money...

Hyundai dealership customer sues CDK over cyberattacks

A Hyundai dealership lease customer on July 22 joined other consumers who have sued CDK...

Employee charged with stealing more than $50,000 from New York CDJR dealership

A Victory Chrysler-Dodge-Jeep-Ram employee in Rome, NY., allegedly stole more than $50,000 from the dealership...

Rivian sales chief and former Porsche exec Kjell Gruner resigns after 11 months

The California company said in a regulatory filing that Kjell Gruner is resigning, and had...

Gentex Q2 net income falls 21% on lower vehicle production

The mirror supplier said net income and revenue declined after a drop in light-vehicle production....

Some dealer customers want higher CDK cyberattacks compensation

CDK said dealers it has spoken with have been ‘grateful and appreciative’ of compensation offer....

Top 5 stories of the week: Toyota engine recall; Stellantis CEO calls out U.S. plants

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

Detroit 3 financials ‘disappointing’ as challenges mount

Second-quarter results for GM, Ford and Stellantis reflect a bumpy road as they juggle costly...

Automotive tech company CDK must face antitrust class action, judge says

Software vendors can band together as a class to sue automotive technology giant CDK Global...

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