Ray Catena Auto Group, an Automotive News top 150 dealership group, was among the sellers in the latest tracked buy-sell transactions.
The CEO survived just three years in the job as the automaker changed its focus to dealing with U.S. tariffs, cooling EV sales and keeping up in software technology.
A VIN-level analysis of new vehicles advertised by dealers in the U.S. by CatalystIQ found the sticker prices of Canadian-built vehicles rose almost 10 percent over the last seven months, the largest ...
The four-year contract, with sizable raises and bonuses, will cover about 3,200 workers and take effect Feb. 23. The UAW said 96 percent of workers who voted agreed to ratify the pact.
Carvana's leadership said expanding ADESA reconditioning sites and building new facilities will help the retailer reach its goal of selling 3 million vehicles annually by 2030 to 2035.
Automakers from Tesla to Hyundai are pivoting into humanoid robots, betting their manufacturing expertise will dominate a market projected at $7.5 trillion by 2050.
Stellantis has set a high bar for its U.S. dealers with its goal of growing retail sales by 25 percent in 2026.
The supplier will supply electric powertrains for a range of passenger vehicles from Indian company Mahindra & Mahindra.
GM has reduced its inventory levels by as much as 40 percent since the pandemic, which executives said will help with profitability during a downturn.
Tesla's Austin robotaxis have been involved in 14 crashes since launching in June, including incidents with minor injuries and a collision with a city bus, federal reports show.
After eliminating hundreds of jobs at the plant in January, the automaker said the added spending underscores the Oshawa Assembly Plant's "critical role" in its pickup assembly portfolio. Europe, ...
The National Automobile Dealers Association and American Financial Services Association have called for negative equity interest to be tax deductible, too.
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