According to new data from Cox Automotive, the U.S. auto market is closing 2024 on a strong note. November sales maintained a seasonally adjusted annual rate (SAAR) of 16 million...
President-elect Donald Trump is preparing a broad energy package to bolster U.S. oil and gas production while rolling back key climate-focused policies from the Biden administration. The plan, which will...
SUVs continue to dominate the U.S. auto market, capturing 58% of all vehicle transactions between January and October 2024—a record high, according to Edmunds.
Meanwhile, the share of smaller cars...
Porsche is undergoing a significant strategic shift by reintroducing combustion engines and hybrid models into its vehicle lineup. This decision marks a notable departure from its previous commitment to having...
Hertz Global Holdings reported a challenging Q3 2024, with revenue totaling $2.6 billion—a 5% decrease year over year. This marks the company's fourth consecutive quarterly loss, with a GAAP net...
On November 12, Alphabet's Waymo swiftly removed its waitlist and expanded its robotaxi service to all of Los Angeles.
Almost overnight, a staggering number of over 300,000 Los Angeles residents transferred...
Analysts project new vehicle sales will rise in the first quarter despite a demand cooldown observed in March, as echoes from the post-pandemic boom continue to be felt throughout the...
Recruiting and retaining new and capable workers has been an ongoing challenge for dealers due to the low unemployment rates and rising customer demands. A component of Street Volkswagen's operations...
On July 18, Norm de Greve was appointed senior vice president and chief marketing officer at General Motors.
De Greve joins GM after serving as chief marketing officer of CVS Health...
Coming off one of its most successful quarters, General Motors has revised its 2023 guidance to account for greater earnings and revenue than it previously anticipated.
The automaker surpassed Q1 expectations...