Same-store finance and insurance gross profit per vehicle fell at 5 of the 6 publicly traded franchise dealership groups in Q1 2024 compared with a year earlier. However, F&I grew as a percentage of ...
In addition to daily industry coverage, Automotive News provides in-depth analysis, enterprise reporting and exclusive data-informed rankings. Here are our deep dives and rankings so far this year: ...
Momenta is working with China International Capital Corp., Goldman Sachs and UBS Group on a potential listing that may happen ...
Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price ...
While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to ...
Electric-vehicle maker Tesla has launched another round of layoffs including staff from the software, service and engineering ...
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter.
Wayve is a UK startup with an AI-focused approach to solving autonomy for cars. It's akin to a vehicular version of ChatGPT.
The Biden administration on Monday said it will spend more than $100 million to help small and medium-sized suppliers retool ...
Aluminum can play a crucial role in automakers’ efforts to increase the range of electric vehicles by reducing their weight.
A customer has accused a South Carolina dealership group of fraud, negligence, breach of contract and a consumer protection ...
More than 100 million consumers in the U.S. struggle to access affordable automotive financing because of their credit. Alternative scores could change that.