Nearly 80 members of Congress, including Senate Majority Leader Chuck Schumer and Senator Dick Durbin, have called on automaker Stellantis
Tesla reported a strong net income of $2.2 billion for the third quarter (Q3), reflecting a 17% increase compared to
Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in
According to COO Adam Chamberlain, Lithia Motors successfully reduced expenses by $200 million by the end of the third quarter,
Top stories Lawmakers urge Stellantis to honor UAW investment commitments amid rising tensions. Read More Tesla posts robust Q3 earnings
In today’s competitive automotive market, selling your dealership can be daunting, whether you’re planning to retire, shift industries, or capitalize
As front-end gross profits continue to dwindle due to inventory normalization post-COVID, dealerships are placing an even greater emphasis on
Car subscription services are gaining traction as an alternative to traditional car ownership models by offering flexibility and convenience in
Top stories U.S. Energy Department races to finalize $1.7 billion in EV plant conversion grants. Read More Trump proposes tax
U.S. Energy Secretary Jennifer Granholm said on Tuesday that the U.S. Department of Energy is moving swiftly to finalize $1.7