Group 1 Automotive Inc. has announced CEO Earl Hesterberg will retire at the end of this year. According to a statement made on Wednesday, Hesterberg will be succeeded by Daryl...
Lincoln’s new electric concept car combines the company’s past legacy with its vision for the future. Lincoln unveiled the futuristic design as a part of their 100-year anniversary celebration.
The vehicle...
Crude oil futures and natural gas prices both climbed on Tuesday, as the impending energy crisis in Europe impacts prices in the U.S. and around the globe.
The rise in oil...
Ford has begun notifying certain salaried and agency workers of layoffs this week, according to an internal email sent to its employees.
Ford has been signaling for weeks they would layoff...
A former Apple engineer has pleaded guilty to trade secret theft, according to court documents released on Monday. The former Apple employee, Xialong Zhang, had originally pleaded not guilty to...
In the auto industry, you can compare the discipline of sending personalized video to increase your close percentage to the act of consistently working out to decrease body fat percentage. ...
According to AutoForecast Solutions, the number of reported vehicles cut from this year’s production forecast due to the microchip shortage may be underreported. So far this year, 3 million vehicles...
Porsche has high hopes for its full-electric Macan model, which is set to enter into production starting by the end of next year. The company has stated they expect to...
Dodge has unveiled its new concept car, the Charger Daytona SRT, the company’s first all-electric muscle car. The vehicle is expected in 2024 and replaces Dodge’s recently discontinued gas-powered Challenger...
Tesla CEO, Elon Musk, has announced the company plans to increase the price of its premium driver assistance system by 25% starting on September 5th. The price increase will bring...