news

CarGurus reports net income jump, more digital wholesale losses

The vehicle listings company said its marketplace revenue grew by double digits and work to...

Carvana says price gap between used EVs and ICE cars narrows

Online auto retailer Carvana says its average used-EV sale price fell to $31,000 in the...

Mazda dealership milestone represents new era for the brand

The Retail Evolution facility program is a critical part in its goal to move upmarket....

China’s vehicle exports hit record high in April as domestic sales fall

Facing trade threats in Europe, Chinese automakers have been actively exploring South America, Australia and...

Ford hires former Lucid exec Sherry House as incoming CFO

Ford is promoting CFO John Lawler to vice chair, focusing on strategic development, global partnerships...

Zeekr tops IPO goal to raise $441 million

The listing by EV upstart Zeekr is the biggest by a China-based company in the...

Kia teases Europe-focused electric small SUV

The EV3 compact SUV may be built for European markets at Kia’s plant in Slovakia....

Ford to build 300,000 cars a year at Spanish plant, ministry says

Adding production of another model in Valencia will guarantee the workload for the factory, Spain’s...

NHTSA probes 6,813 Fisker Ocean crossovers for unexpected automatic emergency braking activation

U.S. auto safety regulators are investigating Fisker Inc. after reports of unexpected activation of its...

NHTSA probes 200,000 Ford Super Duty trucks for risk of fire

NHTSA said it received 27 complaints alleging diesel fuel leaks due to a “a fracture...

Honda shifts strategy, seeks to bring EV value chain in-house as earnings climb

CEO Toshihiro Mibe wants Honda to adopt a vertically integrated approach to developing and manufacturing...

CEO Makoto Uchida’s report card for Nissan’s midterm plan

Here’s a report card on how the Japanese carmaker fared under the Nissan Next midterm...

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