UK dealer management system provider Pinewood.AI confirmed talks with private equity firm Apax Partners about an acquisition that would generate more than $250 million for Lithia Motors.
Tesla has struggled to recover market share since its CEO Elon Musk — who led U.S. President Donald Trump's Department of Government Efficiency (DOGE) — backed European far-right figures.
Stellantis robot cuts inventory time | Talk of Tesla merger (Jake Neher) ...
Upcoming trade negotiations, geopolitical tensions and a looming Supreme Court decision could alter the vehicle lineups dealers sell in the coming years.
Porsche has invested in highly automated battery and body production for the Cayenne Electric that, in Turbo form, offer hypercar-level performance.
Dropping Boxster and Cayman electric versions may be necessary because Porsche faces budget constraints due to slumping sales in China and the cost of reversing its EV strategy ...
With new vehicles averaging $50,080 and EV tax credits gone, dealers tell Automotive News what they need heading into the NADA Show.
The European Commission has started accepting proposals from automakers for minimum price floors on China-built EVs exported to the EU as an alternative to punitive tariffs. Here's what to know.
Ford and Chery are acquiring assembly plants from Japanese automakers retreating from emerging markets under pressure from Chinese competition.
TrueCar founder Scott Painter aims to restore profitability within two quarters by cutting jobs, ending most remote work and refocusing the company after his $227 million privatization deal closed Jan ...
Established technology vendors are enhancing their tools with AI while smaller AI-only startups compete for dealer attention at the 2026 NADA Show, says Inga Maurer of McKinsey.
Tight new-vehicle profit margins were top of mind for many of the 140 dealer principals and other store leaders who participated in Automotive News’ Dec. 4-Jan. 9 survey.