Nissan posted its first quarterly operating loss in over four years on Wednesday. The Japanese automaker reported a loss of 79.1 billion yen, or $534.57 million, for the first quarter....
Tesla has signed a $4.3 billion agreement with LG Energy Solution (LGES) to source lithium iron phosphate (LFP) batteries for its energy storage systems, a person familiar with the deal...
Two top Florida dealers talk about the challenges and opportunities shaping their businesses. In today's episode of Inside Automotive, Judy Lynn Farcus Serra, the COO and CFO of Headquarter Automotive...
There is nothing “clean” about killing America’s car culture. The war on gas-powered cars is heating up again — and it’s being waged through programs that sound helpful on paper but...
Lithia & Driveway (LAD) reported on Tuesday a record second-quarter revenue of $9.6 billion, 4% year-over-year increase, marking the highest in the company's history. Total gross profits increased 4.3% over...
Tokyo, Japan – July 28, 2024 – HPE (NYSE: HPE) today announced that Subaru selected HPE Cray XD670 servers to orchestrate its image recognition technology and AI. This rollout supports Subaru’s vision of increasing...
Ford Motor Co. secured a $3 billion term loan credit agreement. The loan is divided among multiple lenders and will be administered through JP Morgan Chase. Ford says that the...
Waymo, Alphabet Inc.’s autonomous vehicle division, is launching robotaxi service in Dallas in 2026 through a newly announced multiyear partnership with Avis Budget Group Inc. For the first time, Avis...
As affordability tightens and regulatory pressure mounts, independent dealers are navigating a changing automotive market. In today's episode of Inside Automotive, Don Griffin, president of the National Independent Automobile Dealers...
Texas auto sales surged this spring, but that momentum is already fading—and EVs are still gathering dust. In today's episode of Inside Automotive, April Ancira, VP at Ancira Auto Group,...