Metro Toyota in Cleveland suburbs acquired by Victory Auto Group

2April 2024

Metro Toyota in Cleveland suburbs acquired by Victory Auto Group

Victory Auto is privately held and led by founder Jeffrey Cappo. It represents 14 auto...

2April 2024

EPA emissions rule still goes too far, industry leaders say

The rule, though less stringent than proposed regulation, outpaces consumer demand, speakers said at the...

2April 2024

March U.S. sales edge up at Hyundai, slip again at Kia

U.S. light vehicles sales are projected to rise 4.7 percent to 12 percent in March,...

2April 2024

EV startup Canoo’s 2024 revenue forecast disappoints, shares tumble

The company reported a net loss of $302.6 million for the year ended Dec. 31,...

2April 2024

BMW to form SDV joint venture with India’s Tata Technologies

BMW said the venture will leverage Tata Technologies’ digital engineering expertise and talent pool in...

1April 2024

U.S. traffic deaths down 3.6% in 2023 but remain above pre-pandemic levels

NHTSA estimated that 40,990 people died in traffic crashes last year compared to 42,514 deaths...

1April 2024

EVs, AVs and software-defined vehicles take spotlight at SAE’s WCX conference

Nearly 100 suppliers on the floor at Huntington Place will show 3D printers, testing devices,...

1April 2024

Some would-be Tesla buyers step back as Elon Musk’s reputation dips

Caliber’s “consideration score” for Tesla fell to 31 percent in February, less than half its...

1April 2024

Mustang Mach-E sales underscore pricing issue

Sales data reveals customers are willing to make the switch to EVs at the right...

1April 2024

Tesla worries Wall Street about Q1 sales amid softer demand, high interest rates

Analysts lowered projections for this week’s deliveries report as the first quarter ended. Some on...

1April 2024

Will industry learn lesson from lean inventories?

Automakers pledged to maintain lower inventories for higher profits when the production crisis abated. As...

30March 2024

Hyundai used New York to illustrate its product path forward

Hyundai Motor Group has a big story to tell at the moment, and it used...

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