How well did Nissan CEO Makoto Uchida execute his midterm plan? Here are the grades
Nissan Motor Co. CEO Makoto Uchida gave himself a "B" grade for shepherding Nissan through his first midterm business plan......»»
NHTSA probes 6,813 Fisker Ocean crossovers for unexpected automatic emergency braking activation
U.S. auto safety regulators are investigating Fisker Inc. after reports of unexpected activation of its automatic emergency braking systems......»»
NHTSA probes 200,000 Ford Super Duty trucks for risk of fire
NHTSA said it received 27 complaints alleging diesel fuel leaks due to a "fracture in the secondary fuel filter housing." The proximity of the secondary fuel filter to high heat sources could result in fire, NHTSA said......»»
Zeekr tops IPO goal to raise $441 million
The listing by EV upstart Zeekr is the biggest by a China-based company in the U.S. since Didi Global’s $4.4 billion IPO almost three years ago......»»
Ford hires former Lucid exec Sherry House as incoming CFO
Ford is promoting CFO John Lawler to vice chair, focusing on strategic development, global partnerships and engagement with global leaders......»»
China"s vehicle exports hit record high in April as domestic sales fall
Facing trade threats in Europe, Chinese automakers have been actively exploring South America, Australia and ASEAN markets for exports......»»
Mazda dealership milestone represents new era for the brand
The Retail Evolution facility program is a critical part in its goal to move upmarket......»»
Carvana says price gap between used EVs and ICE cars narrows
Online auto retailer Carvana says its average used-EV sale price fell to $31,000 in the first quarter......»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»
Mazda profits zoom to records on CX-90, hybrid uptake, foreign exchange rates
Mazda reaches record profits thanks to the popularity of its large platform CX-90 crossover and uptake of hybrids, but the Japanese carmaker is bracing for headwinds this year......»»
New-vehicle inventory little changed at 2.86 million
New-vehicle inventories in the U.S. changed little in April, ending at 2.86 million vehicles, Cox Automotive said — safely under 3 million......»»
ACV reports Q1 net loss of $20M; revenue up 22%
ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»
Group 1 Automotive"s Q1 acquisitions cost almost $700 million
The auto retailer also sold the Mike Smith Auto Complex in Beaumont, Texas, to Doggett Automotive Group in the first quarter......»»
First Black female Lexus dealer Ellenae Henry-Fairhurst dies
Henry-Fairhurst made her landmark purchase of an Infiniti dealership in 1999......»»
BP keen to buy Tesla supercharging sites for U.S. expansion
BP Plc’s electric vehicle charging arm is eager to snap up Tesla Inc. supercharging sites across the US — along with the workers behind them — and has pledged $1 billion to expand its network......»»
NHTSA clarifies odometer disclosure rule, paving path for digitized registration
Electronic signatures are permitted on all odometer disclosures, a clarification that could be crucial to the movement to digitize title and registration processes......»»
4 big takeaways from Rivian"s Q1 earnings report
Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»
GM logistics supplier Proficient Auto raises $215 million in IPO
The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»
Editorial: Pedestrian safety measures should go beyond automatic emergency braking
The industry has five years to comply with NHTSA's latest automatic emergency braking rule, but we hope for advancements far sooner......»»
NADA Academy preps future dealership owners, staff for changing times
Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future owners to face an industry challenged by consolidation, inflation and the perils of new technology......»»