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Toyota Ventures raises $300 million more for early-stage investments

Two new funds, Toyota Ventures Frontier Fund II and Toyota Ventures Climate Fund II, will...

Tavares warns of plant closures if Italy gets Chinese EV factory

The Stellantis CEO said the Fiat, Alfa Romeo and Maserati owner “might not need so...

Inventory climbs above 2.8 million, highest since December 2020

U.S. new-vehicle inventory rose again in March above 2.8 million vehicles, Cox Automotive said, as...

CarMax’s market share prospects in focus ahead of Q4 earnings

CarMax, of Richmond, Va., reports earnings Thursday for the fiscal quarter and year ended Feb....

Ineos Grenadier Quartermaster pickup priced from $86,900

Ineos’ second vehicle in the U.S., a pickup, will command a significant price premium over...

Stellantis consolidates 9 U.S. business centers to 6, lays off 30, in bid to boost dealer support

The automaker said the move will strengthen its dealer support as it begins launching electric...

2025 Mercedes EQS sedan gets beefier battery, updated grille

The 2025 Mercedes-Benz EQS sedan will arrive at U.S. dealerships in the second half of...

Alfa Romeo returns to small cars with Milano electric SUV

The Milano could become Alfa Romeo’s best-selling model because the small SUV segment is Europe’s...

Fiat Panda ICE version to continue to 2030, Stellantis CEO Tavares says

Fiat’s bestseller in Europe will continue in production until the Stellantis marque becomes an all-electric...

China’s Chery nearing deal to build cars in Spain

Chery could build cars for European markets in a former Nissan plant in Barcelona....

Tekion works to prove DMS mettle in competitive year

The dealership management system upstart, founded by a former Tesla executive, has plenty to prove...

BMW, Rimac partner on high-voltage EV battery technology

Rimac, an electric hypercar maker owned 45 percent by Porsche, is expanding its reach as...

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