Lithia Motors outsells AutoNation in Q1
The nation's No. 2 retailer based on new-vehicle sales volume outsold fellow giant AutoNation in the first quarter of 2022......»»
EV startups collaborated with Foxconn to accelerate production. The wait continues.
Foxconn was supposed to help EV startups such as Lordstown Motors, Fisker and Monarch Tractor get to production faster. Commercial scale is still out of reach......»»
Carlos Ghosn sues Nissan for $1 billion, over finances and reputation
The lawsuit includes Ghosn's plan to bring Nissan, Renault and Mitsubishi Motors under a grand alliance with Fiat Chrysler, which he says fueled concerns within Nissan......»»
Hyundai to consider joining Tesla"s North American charging alliance
Tesla's Superchargers make up about 60% of available U.S. fast chargers. Ford and General Motors have in recent weeks struck deals with Tesla to use its charging technology, now dubbed the North American Charging Standard......»»
Why Deborah Wahl left GM; what’s next for the former CMO
The longtime automotive marketer discusses her General Motors tenure, her new appointment to the board of ad tech player ActionIQ, why she hasn’t gone to Cannes much—plus, what was her favorite campaign over her career?.....»»
Lithia makes 2023 revenue progress with 14-store deal
Lithia Motors said it has acquired dealerships representing $3.2 billion in annual revenue so far in 2023. The auto retailer anticipates that figure being $4 billion by year end......»»
Baxter Auto, Martin Management and AutoNation among Q1, Q2 dealership buyers
Three auto retailers ranked on ' top 150 dealership groups list completed first- and second-quarter acquisitions, while a regional group bolstered its presence in Ohio in February......»»
Mercedes-Benz showcases axial flux EV motor in One-Eleven concept car
The new electric motor is a third the size and mass of a conventional EV motor. Enlarge / Formula 1 battery tech and light, compact, but powerful electric motors would power the Mercedes-Benz Vision One-Eleven. (credit: Jonathan.....»»
Lithia Motors buys 14 car dealerships from Priority Auto Group
Auto retail giant Lithia Motors Inc. confirmed that it purchased the majority of Priority Auto Group's dealerships in Virginia. The deal did not include the group's two Lexus stores......»»
Stellantis says it is evaluating Tesla"s charging standard
Automaker Stellantis STLAM.MI said on Tuesday that it continues to evaluate Tesla's charging standard after Ford Motor Co F.N and General Motors Co GM.N said they were adopting it......»»
AutoNation buys Stellantis, Subaru, Volkswagen, Mazda and Hyundai dealerships in California
AutoNation purchased five dealerships from Bob Baker Auto Group near San Diego. The stores operate within Carlsbad Car Country auto mall......»»
With Ford and GM’s help, Tesla reignites the charging standard war
One plug or two? The EV charging industry reacts to Ford/GM/Tesla deal. Enlarge (credit: General Motors) Up until about a month ago, the electric vehicle charging landscape was finally looking pretty settled. After many.....»»
2024 Buick Envision to launch with Super Cruise
The updated crossover will become the first of Buick's vehicles in North America to adopt General Motors' Super Cruise hands-free driver-assist technology......»»
Lithia adds Priority Auto Group in Virginia
Lithia Motors Inc. said in social media posts early Monday, which have since been taken down, that it has added Priority Auto Group in Virginia......»»
Lithia wants to hit revenue of $25 billion from acquisitions, up by $5 billion
Dealership acquisitions were seen as a key cog in Lithia Motors Inc. reaching its goal of $50 billion in annual revenue by the end of 2025. The auto retail giant is now targeting even more revenue from store purchases......»»
GM joins Ford to adopt Tesla charging standard in North America
General Motors announced on June 8 that it will start integrating Tesla's charging connector into its EVs in 2025. GM will also enable current EV customers to access Tesla Superchargers in North America through an adaptor early next year......»»
Tesla to add General Motors to its charger standard next year
GM EV drivers will need a dongle at first; NACS ports will show up in 2025. Enlarge / GM is the second American automaker to decide to ditch the CCS port (pictured) for Tesla's design. (credit: Cadillac) Tesla's Superch.....»»
When water temperatures change, the molecular motors of cephalopods do too
Cephalopods are a large family of marine animals that includes octopuses, cuttlefish and squid. They live in every ocean, from warm, shallow tropical waters to near-freezing, abyssal depths. More remarkably, report two scientists at University of Cal.....»»
UAW gears up for fight over battery worker pay
The dispute could be lengthy and complex, since the 18,000 or so workers that General Motors Co., Ford Motor Co. and Stellantis NV plan to hire in the U.S. will work for a patchwork of joint ventures not covered by existing labor contracts......»»
VW"s China JV transforming plant for electrification; GM showcases concept car for China
Volkswagen and General Motors are both accelerating electrification in China, the world's largest EV market. SAIC Volkswagen Automotive recently started upgrading one of its Shanghai plants for EV production. GM introduced a concept EV in China, demo.....»»
GM Oshawa getting $209M upgrade to build next-gen heavy-duty ICE trucks
General Motors will spend $209 million to retool its Oshawa Assembly Plant northeast of Toronto so it can build the next generation of internal combustion engine (ICE) full-size trucks......»»