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Penske Automotive resolves stock buyback lawsuit through voting agreement

Under the agreement, Roger Penske is giving up majority voting control of the auto retailer,...

Hyundai skips Super Bowl again in favor of Viking-filled championship weekend campaign

Hyundai seeks to appeal to weekend warriors—and it hopes that the ad buy during the Chiefs-Ravens...

Lithia to buy 9-store Carousel group in Midwest from Pohlad Cos.

Lithia Motors will buy the nine-store Carousel Motor Group, a dealership group with stores in...

EV maker Polestar to cut around 450 jobs globally

The company has struggled to gain market share in a weakening economy and tough competition...

How GM’s Cruise tried — and failed — to contain self-driving safety crisis

Intentional or not, delays in sharing information on robotaxi crash played outsized role in how...

Hyundai finalizes Russia exit as local company buys its two car plants

Hyundai had said it planned to sell its Russian assets for 10,000 rubles ($111.69), taking...

Autoliv predicts higher margins after stronger than expected Q4

Autoliv said it expects margins to rise this year, after the world’s largest producer of...

Maserati pushes back launches of electric Levante, Quattroporte

The successor to the Levante will appear in 2027, while the next Quattroporte will debut...

Polestar to cut around 450 jobs globally

The Swedish electric vehicle maker has struggled to gain market share in a weakening economic...

U.K. car industry warns of tariff risk from pause in Canada trade talks

Under Britain’s existing trade deal with Canada, which effectively rolled over after Brexit, U.K. automakers...

Lexus RZ 2024 long-term test

Upmarket electric family SUV arrived with plenty to prove, especially to its keeper Why we...

BMW X5

In its 25th year, is BMW’s original SUV back to its very best? Since the BMW...

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