Penske Automotive resolves stock buyback lawsuit through voting agreement
Under the agreement, Roger Penske is giving up majority voting control of the auto retailer, while still getting a majority of dividends, a business expert said......»»
Best Dealerships To Work For winners have qualities, offer benefits unsuccessful entrants don"t
Automotive News' Best Dealerships To Work For employees are more likely to feel valued by their employers than workers at nonwinning stores......»»
Audi Tysons Corner named 2024 Best Dealership To Work For
The 2024 Automotive News Best Dealerships To Work For program includes new categories such as Best Single-Point Dealerships and Best Rural Dealerships......»»
Donald Trump, in Detroit, says he would make interest on car loans tax deductible
He also said if elected, he will invoke a six-year renegotiation provision of the United States-Mexico-Canada Agreement that took effect in 2020......»»
New-vehicle inventory continues pullback to 2.78 million, Cox says
New-vehicle inventory levels pulled back in September to 2.78 million, down from 2.91 million the previous month, according to Cox Automotive......»»
Donald Trump, in Detroit, says he would make interest on car loans tax-deductible
He also said if elected, he will invoke a six-year renegotiation provision of the United States-Mexico-Canada Agreement that took effect in 2020......»»
Daily 5 report for Oct. 9: Yes, really, Gen Z and millennials are collecting cars
Automotive News report dispels the myth that younger generations aren't partaking in the joy of collecting cars......»»
Kinetic teams with Young Automotive Group to open digital repair hub in Salt Lake City area
Kinetic, which offers precision digital sensor recalibration for advanced driver-assistance systems, has partnered with Young Automotive Group to open a new hub in suburban Salt Lake City......»»
The legality of free music streaming app Musi may be settled as developer sues Apple
The legal status of the free music streaming app Musi has long been unclear – but the matter may now be settled, thanks to a lawsuit the developer has filed against Apple. Musi sourced its music from YouTube using a method it claims was perfectl.....»»
Former general manager forms auto group, buys first dealerships
A former general manager has purchased his first dealerships, in Iowa, as part of the newly created Coleman Automotive Group......»»
Daily 5 report for Oct. 8: How does a flooded car catch fire? Here"s how
In a hurricane, often, a dealership is damaged. Or an auto parts plant gets shut down. Sometimes, an assembly plant goes offline. But in the aftermath of Helene, an unanticipated automotive story: cars that catch fire in a flood......»»
VIP Automotive Group, Stellantis dealership face sexual harassment allegations in EEOC lawsuit
Male employees at the Hempstead, N.Y., dealership allegedly harassed female colleagues, creating a hostile work environment, according to the lawsuit......»»
KC Crain: Approaching a century of Automotive News
Throughout 2025, we will honor our legacy by connecting topics of today with our historical coverage as we look ahead to the next 100 years......»»
Apple kicked Musi out of the App Store based on YouTube lie, lawsuit says
Popular music app says YouTube never justified its App Store takedown request. Musi, a free music-streaming app only available on iPhone, sued Apple last week, arguing that Apple.....»»
EVs, China and an election make for a turbulent political stew in Michigan
It is complicating Michigan’s efforts to lead the next stage of automotive evolution and highlighting geopolitical tensions with China......»»
Linamar finds all N.C. employees safe after Hurricane Helene; recovery efforts continue
The Canadian automotive supplier is slowly getting operations running at two plants in western North Carolina. The full extent of the damage remains unclear......»»
Asbury asks court to block FTC administrative law case, calls agency system unconstitutional
Asbury Automotive Group on Oct. 4 asked the U.S. District Court for the Northern District of Texas to block the Federal Trade Commission's administrative law case against the group, arguing that the FTC's separate internal legal proceedings against i.....»»
Detroit lands another prominent mobility conference
MOVE America, an annual gathering of transportation innovators, automotive executives and government officials, will be held in Detroit starting next year, event organizers said......»»
Lucid Q3 sales rise 91% to record 2,781 on generous incentives for Air sedan
Lucid Q3 production increased a modest 16% as the automaker cleared out vehicle inventory. The EV startup's stock price rose about 2% higher in midday trading......»»
Customer sues Ill. Napleton store, alleges unauthorized credit check
Arlington Heights CDJR shopper's lawsuit seeks class-action status for other consumers who allegedly also saw unwanted "hard" credit pulls by the Napleton Group......»»
Smaller crossovers, pickups outpace U.S. market in Q3 as affordability challenges remain
Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»