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......»»
Shrinking season 2 release date revealed for Apple TV+
One of the best shows on Apple TV+ is about to get a second season. Ted Lasso creator’s other TV+ show, Shrinking, will debut its sophomore season very soon—and core cast members including Harrison Ford are all returning. more….....»»
Lithia increases stake in Pinewood DMS company to more than 25%
Lithia Motors Inc. now owns more than a quarter of the U.K. dealership management system provider Pinewood Technologies following purchases of nearly 5 million shares in the months since its initial minority investment......»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
Rearview camera recalls are becoming common. Here"s why
Ford, Volkswagen, Stellantis and Honda have experienced recalls in recent months because of faulty rearview cameras, all from different suppliers......»»
Take AN"s exclusive tour of Lexus" new high-tech HQ in mountains of Toyota City
Lexus finally moves into its new, unified global headquarters, a sprawling high-tech R&D and design center nestled into a forest-covered mountain. Automotive News went on an exclusive first tour of the facility......»»
Reengineered 2025 Toyota GR Corolla hot hatch picks up optional automatic, added torque
Toyota has reengineered its popular GR Corolla hot hatch to offer an optional eight-speed automatic transmission, as well as added torque and an improved suspension for the 2025 model year......»»
Lithia dealership sued after fatal Challenger test-drive crash
The daughters of a Texas motorist killed after her car was struck by a Lithia dealership's Dodge Challenger allegedly traveling at least 100 mph during a test drive have sued the store as well as the driver and salesman allegedly inside the muscle ca.....»»
GPB Capital founder David Gentile found guilty in Ponzi-like fraud that included dealerships
Gentile’s co-defendant, Jeffry Schneider, who ran Texas-based Ascendant Capital, also was convicted of securities fraud and conspiracy charges by a federal jury in Brooklyn, N.Y., following a trial that lasted more than seven weeks......»»
Group 1 finalizes acquisition of Inchcape; adds 54 U.K. dealerships to its portfolio
Group 1 Automotive Inc. has finalized its acquisition of global automotive group Inchcape, which has 54 U.K. dealerships. The acquisition was announced April 15; Group 1 paid $439 million in cash. It is expected the acquisition will add $2.7 billi.....»»
Hyundai gains 4% while Toyota, Kia slip in July; overall market expected to rise
The U.S. light-vehicle market rose 1 to 3 percent in July, analysts said, as many dealers recovered from the CDK cyberattacks that knocked new-car sales offline in late June......»»
Lithia Motors promotes Adam Chamberlain to COO, Chris Holzshu still EVP
Lithia Motors promoted Chief Customer Officer Adam Chamberlain to COO and returned COO Chris Holzshu to solely an executive vice president role, the company said Aug. 1......»»
Dealerships warned about phishing scams tied to global cyber event
Two cybersecurity consulting firms are warning dealerships about scams relating to CrowdStrike's catastrophic software update on July 19......»»
Hybrids, currency windfalls help Toyota extend record profit momentum
Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins and sell for higher prices......»»
Why Ford is expanding Maverick pickup line with Lobo street truck
Maverick Lobo is the latest example of Ford creating subbrands for popular nameplates that include variants to appeal to different customers......»»
Lithia net income down 28% in Q2 despite record revenue of $9.2B
Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»
Starling Automotive buys 3 dealerships, adds brands
Starling Automotive Group expanded in a spring acquisition, buying its first non-General Motors dealerships......»»
2025 Ford Maverick Loses Controversial Dashboard Cubby
2025 Ford Maverick Loses Controversial Dashboard Cubby.....»»
Ford facelifts its Maverick pickup, adds all-wheel-drive hybrid option
The AWD hybrid is Ford's response to overwhelming customer requests. Enlarge / The cosmetic changes to the MY25 Ford Maverick include a new front bumper, front grille, and new headlamps. (credit: Ford) Ford is giving its.....»»
Ford freshens the 2025 Maverick with features customers have clamored for
Ford hopes the new powertrain option — plus a larger center screen, new tech and updated design elements — will help the Maverick maintain sales momentum, especially among first-time Ford buyers......»»
Toyota scandal widens as new violations found, yet more shipments suspended in Japan
Toyota suspended yet more vehicle shipments in Japan after authorities identified new nameplates that underwent improper certification testing and issued a correction order......»»