Lithia unloads Toyota, Ford and Bentley-Lotus dealerships
Lithia Motors, fresh off two June acquisitions, sold three U.S. dealerships this month, including one it had just purchased......»»
Westlake Financial launches fleet financing product to power micro leasing at dealerships
The vehicles used in micro lease programs can fall into a gap not covered by traditional floorplan or rental financing......»»
Ford Expedition spy art confirms Tremor variant, digital display
The images confirm Automotive News reporting of the Tremor variant, which until now has been limited to Ford pickups, as well as a digital display that is smaller than the pillar-to-pillar screen on the Lincoln Nautilus and Navigator......»»
Ford promotes EV design chief Todd Willing to global head of design
Ford tapped a 21-year veteran with global experience who led exterior design of the 2017 GT supercar to replace the recently departed Anthony Lo......»»
New Lexus brand "taste" will come from sweeping rework of body rigidity
Lexus says it has found the missing piece in its quest to match the long-lauded driving dynamics of Germany's big premium players — better body rigidity. To deliver a better signature, Toyota's top-shelf marque is reworking ride and handling across.....»»
Lithia"s captive finance company Driveway Finance turned a Q2 profit
Lithia Motors Q2 2024 earnings: After just a few years of operation, Lithia's relaunched captive finance car loan company Driveway Finance Corp. turned a profit during the second quarter and was on track to stay that way......»»
Toyota, BMW to upgrade fuel cell alliance, report says
BMW and Toyota plan to sign a memorandum of understanding for the partnership next week, with an official announcement set for Sept. 5, Nikkei Asia reported......»»
Daily 5 report for Aug. 26: Can Ford deliver the goods with new products?
Ford's future product pipeline will emphasize its subbrands including Mustang, Maverick and Bronco......»»
Ford emphasizes flexibility with new hybrids, expanded gas lineup
The automaker has positioned itself to continue making money on gasoline vehicles to help fund its EV ambitions, while ramping up hybrid sales for those customers not fully ready for battery power......»»
Ford lineup exudes ‘passion and purpose"
The automaker has positioned itself to continue making money on gasoline vehicles to help fund its EV ambitions, while ramping up hybrid sales for those customers not fully ready for battery power......»»
Ford ups Bronco Sport"s off-road chops with steel bumpers, Sasquatch package
Ford designers said they wanted to "close the capability gap" between the Bronco Sport and larger Bronco for customers who hunt or camp......»»
Dealerships can best use AI for specific processes
An expert with Infobip talked with Automotive News about the benefits of targeted AI use at dealerships......»»
Burglars trash Toyota showroom
The vandals, whom managers identified as an employee and a friend they had recently fired, destroyed 60 computer monitors and five TVs in a half hour......»»
Dealerships kept contracts digital in Q2 despite CDK Global outage, Wolters Kluwer says
Car dealerships sent auto lenders more digital car loan contracts in the second quarter opting against paper documentation, despite the CDK Global outage in June following two cyberattacks......»»
Ford dials back EV spending in costly pivot
Ford will now focus its efforts on hybrids as well as a flexible EV platform from a team led by former Tesla engineers. That will underpin a midsize pickup in 2027......»»
Ford, VW could face fines for missing EU"s 2025 CO2 goals amid EV market slowdown
Geely and Tesla are below their EU-mandated targets. Toyota is the closest to reaching its goal, while Ford and VW Group face the biggest gap, according to a study......»»
Property insurance: Dealer hurdle over EVs
Zurich Insurance Group issues recommended best practices for dealerships servicing EVs that could add costs......»»
Francis Ford Coppola calls out his critics in Megalopolis trailer
Francis Ford Coppola is doing things his way by calling out critics in the trailer for his sci-fi epic Megalopolis......»»
1 Thing We"re Talking About: MyKaarma, Sunbit integrate to bring customers flexible repair payment options
Service drive payment and communication platform myKaarma has integrated with Sunbit, a financial technology solution provider found at more than half of U.S. franchised dealerships......»»
Presumed Innocent: Which one is better, the 1990 movie or the 2024 TV show?
There are two notable adaptations of Presumed Innocent. One is a movie with Harrison Ford and one is a TV show starring Jake Gyllenhaal. Which is better?.....»»
Ford rethinks EV strategy again—ditching 3-row SUVs, adding vans
The automaker plans some new pickups and smaller, cheaper EVs. Enlarge / Ford hoped to build 600,000 EVs a year by now, a mix of Mustang Mach-E crossovers, E-Transit vans, and F-150 Lightning pickups. This year, sales are up 71.....»»