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......»»
Hybrids, crossovers drive Toyota, Honda, Hyundai, Kia to August U.S. sales gains
U.S. auto sales are projected to rise 7 to 8 percent last month, analysts estimated, with average transaction prices falling as inventory rises and incentives increase......»»
Ford recalls more than 100,000 vehicles due to faulty engine part
F-150, Ford Edge, Bronco, Explorer, Lincoln Nautilus and Aviator 2021-22 models may have intake valves that crack or break, leading to a loss of power......»»
Ford starts deliveries of enhanced-range E-Transit electric vans
The new battery charges at a higher rate, and onboard power can be used in motion. Enlarge / Refrigerated delivery with an E-Transit is now feasible, as the onboard power is now available while the van is in motion. (credit: Ford.....»»
12-year-old keeps burglarizing Md. dealerships
Police told a Maryland TV station they've caught the boy at least eight times but that he's too young to be charged with the crimes he's committing......»»
Toyota"s new SmartPath F&I tool may be a ‘game changer" for dealers
The new F&I piece joins previous sales, service components to Toyota and Lexus' digital retailing suites, enabling purchase completions online......»»
Celebrity group"s 4 dealerships sue CDK over cyberattack
Celebrity Motor Car Co.'s four dealerships have all sued CDK Global, accusing it of soliciting business by relating the risks of a dealership breach and the cybersecurity CDK could provide — only to be hacked itself and unavailable to retailers aft.....»»
AutoNation sale of 2 Ford stores may just be start
AutoNation Inc. in August sold two Ford dealerships and it appears it may have more dealerships slated to sell, according to a regulatory filing......»»
Toyota recalls over 45,000 vehicles due to risk of tow hitch detachment
Increased warranty claims alerted Toyota of potential issues with their 2023-24 Sequoia Hybrids......»»
Top 5 stories of the week: Ford Future Product; Angela Zepeda leaves Hyundai
A quick look at the top automotive stories of the week as determined by reader interest......»»
Toyota design boss asks if radical Lexus next-gen EV styling ‘going to be OK?"
As Lexus readies a next generation of electric vehicles with a radical, new design language, design bosses promise the departure will be as dramatic as when the Japanese premium brand introduced its polarizing spindle grille. The new guiding mantra a.....»»
Ford joins Harley in scaling back DEI policies amid backlash
Ford is joining Harley in scaling back DEI policies amid a backlash......»»
Ed Morse Automotive completes purchase of 6 Arizona dealerships
The dealerships represent the first in the state for the group......»»
Cybersecurity jobs available right now: August 28, 2024
Business Information Security Officer Toyota North America | USA | On-site – View job details Acting as an Information Security ambassador to the business, this role works with technology, data, risk, business, and the larger TFS Info.....»»
Toyota, Lexus top Consumer Reports" reliability rankings for used cars
At the bottom of Consumer Reports' rankings were Tesla, Dodge and Chrysler......»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
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......»»