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A federal judge allowed a lawsuit brought by a former JLR dealer who alleges the automaker inappropriately used its right of first refusal to kill a proposed sale.
Sid DeBoer took Lithia public in 1996 and used that money to fuel its growth. Son Bryan DeBoer has continued that growth with even bigger deals.
Wayve’s autonomous driving platforms have been powered by a partnership with Nvidia, whose chips are now bolstering a global AI boom.
The sudden collapse of Tricolor, which focused on lending to individuals with little to no credit history, has ensnared some of Wall Street’s biggest players.
Hyundai reaffirmed its global target of 5.55 million worldwide sales by the end of the decade, strengthened by new hybrid and EV offerings across Hyundai and Genesis.
Hyundai reaffirmed its global target of 5.55 million worldwide sales by the end of the decade, strengthened by new hybrid and EV offerings across Hyundai and Genesis.
VW Group CEO Oliver Blume said the company is being strategic in adjusting U.S. prices in response to tariffs.
Jose Muñoz said that detained workers were doing the "final calibration and testing of advanced battery production technology.” ...
The move comes after Ford called employees back to the office four days a week and as part of efforts across the auto industry to attract and retain talent with updated, modern workspaces.
Altered production plans at the Oshawa and Windsor assembly plants came on the heels of two federal policy developments. Experts say the timing may not be a coincidence.
The next-generation CLA sedan will launch with an all-electric version in late 2025, when demand will be uncertain without the $7,500 tax credit.
In a memo to dealers obtained by Automotive News, Nissan said it will stop importing the electric crossover to the U.S. from Japan.
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