Live talk at noon July 2: The dealership acquisition market

28June 2024

Live talk at noon July 2: The dealership acquisition market

Join us at noon on July 2 for a live talk on dealership mergers and...

28June 2024

CDK CEO Brian MacDonald thanks dealers for ‘resiliency’ and ‘heroism’

CEO Brian MacDonald’s letter on June 28 said CDK workers were “heads-down and focused” to...

28June 2024

CDK continues rebooting, but will customers forgive it?

The dealership management system provider is continuing a phased effort to bring customers back online...

28June 2024

Saudi Aramco to take 10% stake in Renault-Geely combustion-engine JV

The transaction is set to value Horse Powertrain at about €7.4 billion ($7.9 billion) with...

28June 2024

Rivian outlines path to profitability with $5 billion investment from Volkswagen Group

Rivian will use its cash and Volkswagen money to build new Rivian models, executives said...

28June 2024

CDK outage: Michigan Honda dealership adjusting ahead of June sales end

Germain Honda of Ann Arbor is tracking to meet its June sales goal, but the...

28June 2024

Renault-backed EV startup plans assembly in Hong Kong

BeyonCa, which is backed by Renault Group and Dongfeng Motor, said it will locate its...

28June 2024

NHTSA probes Honda over rearview camera recall

U.S. auto safety regulators are investigating Honda over concerns that the parts involved in its...

28June 2024

Toyota Motor in talks to build Lexus factory in Shanghai, report says

Toyota seeks a deal similar to what Tesla received, including tax breaks, policy support, land...

28June 2024

Polestar reports growing red ink for 2023 as EV demand slows

The electric-vehicle maker had repeatedly delayed reporting results because of accounting issues. Net losses widened...

28June 2024

Polestar reports decline in 2023 revenue as EV demand slows

The electric-vehicle maker had repeatedly delayed reporting results because of accounting issues. Net loss widened...

28June 2024

Fisker to recall over 12,000 Ocean SUVs

Fisker is recalling 8,204 Ocean SUVs in the U.S., 513 in Canada and 3,806 in...

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