Tag: auto industry news
Ford appoints tech veteran Mike Aragon to lead integrated services
Ford Motor Company has announced the appointment of Mike Aragon as the new president of Integrated Services. In this role, he will lead efforts...
Seven Honda and Acura models secure IIHS top safety ratings
Five Honda and two Acura models have achieved a significant milestone in vehicle safety, successfully securing top Safety Pick (TSP) ratings or better from...
New-vehicle affordability reaches best level since 2021
In recent years, vehicle affordability has been a significant pain point for dealers and consumers. However, February marked a turning point. According to the...
Retail used-vehicle sales climb in February as inventory tightens
Retail used-vehicle sales saw a strong increase in February, with 1.57 million units sold at franchised and independent dealerships, according to Cox Automotive's vAuto...
Blue Sky Report: What’s driving the buy-sell boom? – Ryan...
As market conditions shift, dealership acquisitions remain strong, with 2024 marking another record-breaking year for buy-sells. In today's episode of Inside Automotive, Ryan Kerrigan,...
BMW holds prices steady to protects U.S. dealers from new tariffs
BMW of North America is taking proactive steps to protect its dealers from the immediate impact of new tariffs, ensuring price stability for vehicles...
Ford CEO Jim Farley’s compensation drops due to underperformance in key...
Ford CEO Jim Farley saw his total compensation decline by 6.1% in 2024, totaling $24.9 million. According to the automaker's 2025 proxy statement published...
Tax refunds and bonuses boost new-vehicle sales
In early March, the U.S. auto market showed signs of optimism despite ongoing consumer concerns. Sales of new vehicles surged, buoyed by the influx...
Assurant invests in Automotive Ventures’ Mobility Fund II to shape the...
Welcome back to the latest episode of “The Future of Automotive” on CBT News, where we put recent automotive and mobility news into the...
Mercedes taps China’s Hesai for lidar, bypassing U.S. suppliers
Mercedes-Benz has decided to equip its smart driving vehicles with lidar sensors from China's Hesai, making it the first foreign automaker to use Chinese-made...
