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GM logistics supplier Proficient Auto raises $215 million in IPO

The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides...

Nearly 25% of Ford F-150s built are now hybrids, CEO says

The F-150 is a key pillar of Ford’s hybrid strategy, which is gaining importance amid...

NADA Academy preps future dealership owners, staff for changing times

Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future...

Editorial: Pedestrian safety measures should go beyond automatic emergency braking

The industry has five years to comply with NHTSA’s latest automatic emergency braking rule, but...

U.S. agency raises safety concerns on Ford crossover fuel leak recall

The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the adequacy...

Used-vehicle wholesale prices down in April, Cox Automotive says

Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower...

BYD will price its European plug-in hybrids close to ICE rivals

PHEV sales have jumped this year as the market for all-electric cars slumps. BYD, which...

Accounting change drives down Cars Commerce Q1 net income

Cars Commerce’s 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped...

VW brand to strengthen plug-in hybrid lineup as EV sales slump

Volkswagen is adjusting its strategy to feature more PHEV models. Its latest plug-in hybrids have...

Ford design boss Anthony Lo leaves for ‘other opportunities’

Anthony Lo made the decision to leave the automaker himself, Ford said, without saying where...

As Nissan misses goals, CEO Makoto Uchida shifts into volume mode

CEO Makoto Uchida says Nissan has strengthened its business significantly over the course of his...

Nissan has a new plan to spur sales — and it wants retailers to fund it

With a nearly triple-digit days’ supply, Nissan is allowing dealers to advertise 2024 model year...

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