news

Lithia’s captive finance company Driveway Finance turned a Q2 profit

Lithia Motors Q2 2024 earnings: After just a few years of operation, Lithia’s relaunched captive...

Toyota, BMW to upgrade fuel cell alliance, report says

BMW and Toyota plan to sign a memorandum of understanding for the partnership next week,...

Tesla can challenge Louisiana direct sales ban, U.S. appeals court rules

Tesla accused Louisiana officials of illegally banning direct sales since 2017 and restricting the leasing...

Infiniti plans Lexus RX fighter, electrified crossover in lineup overhaul

Infiniti isn’t planning new generations of the QX50 and QX55 compact crossovers after production of...

Toyota, BMW to upgrade fuel cell alliance, report says

BMW and Toyota will sign a memorandum of understanding for the partnership next week, with...

Xpeng aims to build EVs in Europe to blunt tariffs

VW’s Chinese partner is in the initial stages of selecting a site in the EU...

BYD to use Huawei’s advanced autonomous driving system in off-road EVs

The tie-up follows BYD’s efforts to move upscale as it aims to increase the sales...

Elon Musk foreclosing on former home of actor Gene Wilder

Tesla’s CEO sold the home, which is down the street from where Lee Iacocca used...

Daily 5 report for Aug. 26: Can Ford deliver the goods with new products?

Ford’s future product pipeline will emphasize its subbrands including Mustang, Maverick and Bronco....

CDK Global says employee, customer data safe after cyberattacks

CDK said third-party evaluations after the June 19 cyberattacks haven’t revealed any theft of employee...

Artificial intelligence is powering the latest fraud trends

The automotive retail industry was built on face-to-face interactions, but even experts often cannot spot...

Hyundai Motor America marketing exec Angela Zepeda exits after losing CMO title

The company promoted Sean Gilpin into the role less than a month after giving him...

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