Column: Why does Wall St. value Tesla 40% higher than Toyota?

10May 2024

Column: Why does Wall St. value Tesla 40% higher than Toyota?

Both face headwinds, but Toyota earned twice as much as Tesla in the most recent...

10May 2024

Mazda profits zoom to records on CX-90, hybrid uptake, foreign exchange rates

Mazda reaches record profits thanks to the popularity of its large platform CX-90 crossover and...

10May 2024

Mazda profits zoom to records on CX-90, hybrid uptake, foreign exchange rates

Mazda reaches record profits thanks to the popularity of its large platform CX-90 crossover and...

10May 2024

In strategy shift, Honda seeks to bring EV value chain in-house

CEO Toshihiro Mibe wants Honda to adopt a vertically integrated approach to developing and manufacturing...

9May 2024

4 big takeaways from Rivian’s Q1 earnings report

Rivian reported a $1.45 billion net loss in the first quarter, higher than a year...

9May 2024

NHTSA clarifies odometer disclosure rule, paving path for digitized registration

Electronic signatures are permitted on all odometer disclosures, a clarification that could be crucial to...

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

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

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

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...

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