Porsche AG reported a 6% drop in global deliveries for the first half of 2025, citing intensifying competition in China and slowing momentum in the U.S. While North American sales...
LOS ANGELES--(BUSINESS WIRE)--Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Los Angeles, California-based US Auto Trust in the sale of its Jaguar Land Rover...
President Donald Trump announced a 25% tariff on imports from Japan and South Korea, effective August 1, as part of a broader trade offensive targeting up to 12 countries. The...
Tesla shares continue to slide as the feud between CEO Elon Musk and President Donald Trump escalates. After Musk announced plans to form his own political party called the "America...
Mercedes-Benz Group AG reported a 9% decline in global vehicle sales during the second quarter of 2025, as President Donald Trump’s tariffs on imported vehicles and parts, along with retaliatory...
Waymo announced it will begin testing its self-driving technology in Philadelphia as part of its ongoing expansion into northeastern U.S. markets. A limited fleet of manually operated vehicles with human...
Jaguar Land Rover (JLR) reported a 10.7% drop in first-quarter sales, according to its parent company, Tata Motors. The British luxury carmaker has experienced steep sales declines in the U.S.,...
Congress just sent a jolt through America’s automotive industry - and this time, it’s not about subsidies or mandates. It’s about getting Washington out of the driver’s seat.
On July 4,...
Penske Automotive Group has completed its acquisition of a Ferrari dealership in Modena, Italy, which expands its European footprint and luxury portfolio. Located in Emilia-Romagna, a key region in Italy’s...
Atlanta., July 02, 2025 (GLOBE NEWSWIRE) -- Porsche is expanding the 911 model range with three new variants. The 911 Carrera 4S is available as a coupe and Cabriolet. Together...