DARCARS Automotive Group of Bethesda Md., has purchased three luxury dealerships in New York and Connecticut, expanding its presence in the New York City metro area.
Continue Reading the above article 'DARCARS buys 2 Lexus stores, 1 Infiniti dealership...
Fisker said it expects to reach a definitive agreement "in the next few months" to have Magna Steyr start production of the Fisker Ocean at its Graz, Austria, plant as early as the fourth quarter of 2022.
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Boyle's responsibilities include strategic direction of Hyundai's U.S. vehicle lineup, along with market research, business analytics and pricing.
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Delivery revenue, which was growing even before the pandemic, surged 103 percent during the quarter and is now central to Uber’s strategy.
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Hudson Automotive Group, a growing dealership group in the South, plans to buy the four-store Beaman Automotive Group. The deal is expected to close in October or November.
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Documents unearthed by the Center for Auto Safety show a rising number of reports related to false-positive braking events in Nissan Rogue and Nissan Sentra vehicles.
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Sherif Marakby joined Magna on July 6, about eight months after stepping back at Ford, where he was CEO of the automaker’s subsidiary Ford Autonomous Vehicles.
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The diversified Canadian parts supplier is the latest of several major automakers to report losses this week as its customers shut production amid government-enforced lockdowns.
Continue Reading the above article 'Magna posts $647 million Q2 net loss, but sees imp...
The decision comes more than a month after U.S. Trade Representative Robert Lighthizer expressed concern about recent struggles by American aluminum producers. Canada quickly responded with retaliatory tariffs worth $2.7 billion.
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Mitsubishi Motors Chairman Osamu Masuko, one of Japan’s longest-serving auto chiefs, retires citing health reasons, after leading the automaker through more than a decade of turbulent times.
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