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Ally Financial warns of ‘intensifying’ credit challenges, shares slump

Ally Financial warned of challenges that have intensified over the quarter as borrowers struggled with...

Ex-NFL wide receiver Kevin Johnson buys Ford car dealership

Drafted by the Cleveland Browns, Kevin Johnson ended his football career in Detroit. The dealership...

NHTSA investigates mysterious fires in Jeep Wrangler and Gladiator

The Office of Defects Investigation is assessing the need for a recall that could affect...

VW could start layoffs at six German plants from June 2025

VW has canceled several agreements linked to a three-decades-old pact that was supposed to safeguard...

Magna CEO says North American contract assembly plant unlikely amid heightened uncertainty

Magna is pumping the brakes on a potential North American vehicle assembly plant as the...

Lucid teases ‘midsize’ model for 2026; says Gravity EV will use Tesla’s NACS plug next year

Lucid’s three-row Gravity crossover will use Tesla’s NACS plug next year while its lower-cost ‘midsize’...

Lithia Motors enters north Florida, buys 3 dealerships

Lithia expects the stores to add more than $200 million in annual revenue....

Jeep seeks ‘perfect quality’ on EV launch in quest to reverse sales slide

The brand originally vowed it would launch the Wagoneer S this fall, but CEO Antonio...

BYD sets higher annual sales target, brokerage report shows

The goal would put BYD almost at par with Ford, which ranked sixth by global...

Lucid teases ‘midsize’ model for 2026; says Gravity EV will use Tesla’s NACS plug next year

Lucid’s three-row Gravity crossover will use Tesla’s NACS plug next year while its lower-cost ‘midsize’...

BMW cuts guidance after faulty brake systems prompt recall

BMW cut its annual outlook over over a faulty braking system from Continental that prompted...

Bentley Flying Spur Speed will be brand’s most powerful sedan to date

The new Flying Spur Speed gets the same V-8 plug-in hybrid powertrain as the newly...

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