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......»»
Ford, utility team up to pay EV owners for using less power
Ford is the first automaker to participate in a Southern California Edison program that pays customers $1 per kilowatt-hour in reduced usage during periods of peak demand......»»
Ford will tap closed India factory to export
Ford will likely use the Indian plant, a source of low-cost production, to export to key markets, and possibly China, where it and other global automakers are losing ground to domestic rivals......»»
Leasing, variety expand EV popularity, according to Q2 credit data
The Hyundai Ioniq 5 moved to fourth place from ninth and the Ford Mustang Mach-E moved to third from sixth......»»
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»
Denso goes workerless under new factory concept for Toyota Group
Denso's new ¥69 billion ($482.9 million) workerless plant will make advanced on-board computers that bundle together control of multiple functions in the car, accelerating the transition of Toyota's top supplier into a software-driven mobility compa.....»»
Ex-NFL wide receiver Kevin Johnson buys Ford car dealership
Drafted by the Cleveland Browns, Kevin Johnson ended his football career in Detroit. The dealership acquisition marks Johnson's foray into automotive retail......»»
BYD sets higher annual sales target, brokerage report shows
The goal would put BYD almost at par with Ford, which ranked sixth by global sales in 2023 with 4.4 million vehicles sold......»»
Jeep seeks ‘perfect quality" on EV launch in quest to reverse sales slide
The brand originally vowed it would launch the Wagoneer S this fall, but CEO Antonio Filosa said he needs to ensure the EV is high quality before sending it to dealerships......»»
Lithia Motors enters north Florida, buys 3 dealerships
Lithia expects the stores to add more than $200 million in annual revenue......»»
Now an established luxury brand, Genesis is refining strategy to win loyal customers
Hyundai's premium brand expects more growth on strong product, new dedicated dealerships and a focus on loyalty......»»
Toyota and Lexus offer SiriusXM 3-year payment option
Consumers, weary with subscription fatigue, can access streamlined vehicle audio services with one upfront fee......»»
Why are U.S. dealers getting more pessimistic about the market? This Cox Q3 poll gives clues
Pessimism crept into franchised car dealers' outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers' political uncertainty continue to burden dealerships......»»
Bill Ford shows off 1964 Mustang pace car on ‘Jay Leno"s Garage"
Ford's executive chair said he recently bought the car, which was built in the first hour of Mustang production and driven on the Indy 500 track by his uncle......»»
Toyota cuts 2026 global EV output plans by a third, report says
Toyota will build one million EVs in 2026 instead of 1.5 million, a Japanese newspaper said. Other automakers have scaled back EV plans as sales slow......»»
Toyota, Nissan, Mazda, Subaru bolster EV battery plans with aid from Japan
EV laggards Toyota, Mazda, Subaru and Nissan up their game with massive new investment in next-generation battery production, backed by government subsidies, as Japan races to catch up to global rivals......»»
Ford Truck 30,000 Pounds Over Weight Limit Smashes Through Historic Bridge
Ford Truck 30,000 Pounds Over Weight Limit Smashes Through Historic Bridge.....»»
Daily 5 report for Sept. 5: Ford joins the hybrid-powered gain in August U.S. sales
Major gain in hybrid vehicle deliveries led Ford's 13% rise in August U.S. sales......»»
Toyota dealer gathering to focus on partnership, products, says brand head Dave Christ
Toyota dealers will gather for their national dealer meeting in Las Vegas on Sept. 10-11 to discuss the Japanese brand's upcoming products and strategy, while dealers may want to question the brand about a spate of embarrassing recalls......»»
Column: Digital retailing transformation means some will lose, disappear as efficiencies grow
St. Charles Toyota is all in on Toyota's SmartPath digital retailing system, and it's transforming the dealership's relations with outside vendors......»»
Ford dealer waives $20,000 repair bill for lawn-mowing charity
Anderson Ford in Lincoln, Neb., responded when it heard that Rodney Smith's van broke down while he was delivering free lawn mowers to teenagers around the country......»»