Automotive News
3,906 FOLLOWERS
Automotive News has been the primary source for all that happening among automotive retailers, suppliers and OEMS since 1925. Automotive News is the leading source of news about the global automotive industry. The Automotive News mission is to be the primary source of industry news, data and understanding for dealerships, manufacturers, suppliers and others allied to the industry.
Automotive News
5h ago
A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done ..read more
Automotive News
11h ago
A mechanical engineer with a zeal for quality, Petersen led the company during some of its most prosperous years and was only the second person outside the founding Ford family to lead the automaker, after his predecessor, Philip Caldwell ..read more
Automotive News
15h ago
CarNow, maker of digital retailing platforms for dealerships, plans to use $40 million in new debt financing to accelerate product development and pursue further market expansion ..read more
Automotive News
18h ago
The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026 ..read more
Automotive News
18h ago
Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group ..read more
Automotive News
20h ago
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue ..read more
Automotive News
20h ago
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory.
..read more
Automotive News
20h ago
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income ..read more
Automotive News
21h ago
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker ..read more
Automotive News
21h ago
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership ..read more