BP keen to buy Tesla supercharging sites for U.S. expansion

9May 2024

BP keen to buy Tesla supercharging sites for U.S. expansion

BP Plc’s electric vehicle charging arm is eager to snap up Tesla Inc. supercharging sites...

9May 2024

First Black female Lexus dealer Ellenae Henry-Fairhurst dies

Henry-Fairhurst made her landmark purchase of an Infiniti dealership in 1999....

9May 2024

ACV reports Q1 net loss of $20M; revenue up 22%

ACV also said the number of used vehicles transacted by dealers and commercial auto companies...

9May 2024

Group 1 Automotive’s Q1 acquisitions cost almost $700 million

The auto retailer also sold the Mike Smith Auto Complex in Beaumont, Texas, to Doggett...

9May 2024

New-vehicle inventory little changed at 2.86 million

New-vehicle inventories in the U.S. changed little in April, ending at 2.86 million vehicles, Cox...

9May 2024

Automation supplier plots new HQ in Southeast Michigan

Convergix Automation Solutions is planning to expand with a new Auburn Hills headquarters in a...

9May 2024

GM logistics supplier Proficient Auto raises $215 million in IPO

The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides...

9May 2024

Nearly 25% of Ford F-150s built are now hybrids, CEO says

The F-150 is a key pillar of Ford’s hybrid strategy, which is gaining importance amid...

9May 2024

NADA Academy preps future dealership owners, staff for changing times

Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future...

9May 2024

Editorial: Pedestrian safety measures should go beyond automatic emergency braking

The industry has five years to comply with NHTSA’s latest automatic emergency braking rule, but...

9May 2024

U.S. agency raises safety concerns on Ford crossover fuel leak recall

The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the adequacy...

9May 2024

Used-vehicle wholesale prices down in April, Cox Automotive says

Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower...

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