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Sonic Automotive Q4 net income soars despite EchoPark, powersport segment struggles

The retailer’s fourth-quarter revenue was flat compared with a year earlier....

Fiat Abarth to launch 237-hp version of 600e electric crossover

The sporty Fiat subbrand says the New 600e will be its most powerful model yet....

Continental to cut 7,150 jobs in savings push at auto unit

Continental has also started reviewing possible divestments, joint ventures and partnerships at the auto unit...

Shell closing California hydrogen stations may hurt fuel cell passenger car progress

A Shell Oil subsidiary shuttered its light-duty hydrogen fueling station network in California, which could...

Lithia net income down 13%, revenue at record $7.7 billion in Q4

Lithia Motors Inc. Q4 2023 earnings: Car dealership group reached a record $7.7 billion in...

Maserati delays flagship EV sedan

The Quattroporte is the third Maserati EV that has been delayed following schedule shifts for...

How Toby Keith helped Ford stay afloat during 2008 financial crisis

The late country music singer agreed to continue his long-running partnership with Ford for a...

Lancia’s new Ypsilon counts on Italian elegance as brand expands across Europe

The new Ypsilon, the brand’s first all-electric model, will lead the Stellantis premium brand’s expansion...

Ohio dealership develops ‘playbook’ to show technicians their career path

Ryan Haskell, fixed ops director at Jeff Wyler Honda of Colerain in suburban Cincinnati, created...

U.S. issues $135 million in advance EV tax rebates since Jan. 1

U.S. issues $135 million in advance EV tax rebates since Jan. 1, whereas before buyers...

Rivian hires marketing chief from Meta after signing execs from Apple, Porsche and Stellantis

The new CMO, Jennifer Prenner, has held posts at Meta and Amazon. She joins recent...

Ex-VW CEO Winterkorn to testify over role in diesel scandal

The ex-VW head is testifying as part of a $9.7-billion investor suit over the automaker’s...

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