BMW is launching a new all-electric SUV, the iX3, as the first of 40 vehicles built on its all-new “Neue Klasse” platform, a sweeping initiative that aims to reposition the...
Foxconn, the Taiwanese electronics manufacturer best known for assembling Apple iPhones, has sold its former Lordstown, Ohio, manufacturing facility for $88 million to Crescent Dune LLC, a company it described...
As federal tax credits for electric vehicles begin to phase out, dealers across the country are bracing for a shift in consumer behavior and sales performance. In this episode of...
Hyundai Motor Co., Kia America and Genesis each posted record U.S. sales for July 2025, fueled by strong consumer demand for SUVs and electrified vehicles. Hyundai’s sales rose 15% year-over-year...
Ford Motor Co. is set to unveil a new “breakthrough” electric vehicle and platform on August 11 in Kentucky, signaling a renewed push into affordable EVs made in the U.S....
Stellantis appointed Scott Krugger as head of North America Design on Thursday. This newly created position will allow Krugger oversight of the creative direction and design strategy of Stellantis's North...
Renault has appointed Francois Provost as its new chief executive officer following the departure of Luca de Meo, who left to become CEO of Kering, the parent company of Gucci....
Jack Hollis, the former executive vice president and COO of Toyota Motor North America, has joined Accrual Equity Partners (AEP) as a managing partner. The announcement marks Hollis’ first post-retirement...
Ford Motor Co. reported record second-quarter 2025 revenue of $50.2 billion, up 5% year-over-year, driven by strength in its commercial Ford Pro unit and growing electric vehicle sales. However, the...
BMW reported a 32% decline in second-quarter pretax earnings to $3 billion (€2.6 billion) but reaffirmed its full-year 2025 forecast, citing advantages from its large U.S. manufacturing footprint amid new...