Penske Automotive Q2 net income falls 20% on higher interest costs

31July 2024

Penske Automotive Q2 net income falls 20% on higher interest costs

Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted...

31July 2024

Ford freshens the 2025 Maverick with features customers have clamored for

Ford hopes the new powertrain option — plus a larger center screen, new tech and...

31July 2024

Toyota scandal widens as new violations found; more shipments suspended

Toyota suspended yet more vehicle shipments in Japan after authorities identified new nameplates that underwent...

31July 2024

Toyota scandal widens as new violations found, yet more shipments suspended in Japan

Toyota suspended yet more vehicle shipments in Japan after authorities identified new nameplates that underwent...

31July 2024

Sports car seating supplier Recaro files for bankruptcy

The Recaro name still has an excellent reputation in the auto industry, but the future is...

31July 2024

Honda, MG give fresh hope to fans of Europe’s ailing coupe segment

The MG Cyber GTS and the Honda Prelude coupe concepts put the spotlight on a...

30July 2024

Goodyear hires former Stellantis executives Mamatha Chamarthi, Will Roland

Goodyear CEO Mark Stewart, formerly Stellantis COO for North America, is bringing two former colleagues...

30July 2024

Carvana’s ‘mousetrap’: Analysts expect higher Q2 sales and room to seize more

Carvana could top Wall Street’s expectations for a 3 percent quarter-over-quarter sales volume increase, BTIG...

30July 2024

Stellantis sues dealership to avoid spending $180 million to buy back fleet vehicles

Stellantis has taken a North Carolina dealership to court to avoid having to repurchase several...

30July 2024

Mike Brennan is new Gulf States Toyota COO

Brennan spent more than a decade distributing Toyota vehicles throughout states in the southeast....

30July 2024

China’s BYD preparing to enter Canadian EV market, documents show

Joe McCabe, CEO of U.S.-based AutoForecast Solutions, said the U.S. auto market is BYD’s “Holy...

30July 2024

Legendary sports car seating supplier Recaro files for bankruptcy in Germany

Recaro, the legendary sport seat supplier, is insolvent. The company has a long tradition, but...

Need help?

If you need support, please send an email to [email protected]. Thank you.