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Openlane Q1 earnings: Net income rises 46%; revenue down 1%

Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the...

Rivian to report Q1 earnings as EV maker cuts costs, prepares new models

While Rivian announced an $827 million incentive package from the state of Illinois last week,...

Magna Steyr to cut 500 jobs as output of Fisker, BMW, Jaguar models are phased out

Production has halted or will come to an end on a slew of models this...

BYD is welcome to open factory in France, French finance minister says

Finance Minister Bruno Le Maire said BYD and the Chinese auto industry “are very welcome...

EU warns BYD, Geely, SAIC over insufficient information in anti-subsidy probe, report says

The China Chamber of Commerce to the EU said the reported allegations of non-cooperation were...

2024 Toyota Land Cruiser, 2025 4Runner are similar — but different

The redesigned 2024 Toyota Land Cruiser goes on sale this spring with a higher price...

Volvo sales rise on strong EV demand in April

Volvo sales rose 27 percent in April to 65,838 cars, boosted by demand for EVs,...

EU warns BYD, Geely, SAIC over insufficient information in anti-subsidy probe, report says

The China Chamber of Commerce to the EU said the reported allegations of non-cooperation were...

France sets new targets for EV sales amid growing Chinese competition

A pact between the government, French business groups and unions aims for a fourfold increase...

From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits

Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales...

Magna expects $400 million revenue loss from Fisker production halt

Magna builds the Ocean EV for Fisker. Magna said it will “monitor (the) situation and...

Magna adds 363 jobs at 3 operations in Michigan

Magna, the world’s fourth-largest auto supplier, will open an engineering center for lighting in Novi...

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