Group 1 Automotive is expanding its portfolio of Honda dealerships while strengthening its footprint across Louisiana and Texas.
Reagor Dykes Auto Group of Lubbock, Texas, after being sued by Ford Credit for financing violations, has filed for Chapter 11 bankruptcy protection.
As interest rates rise, some dealership groups may consider implementing a hedging tool called a swap to keep payments manageable.
Ford is offering its U.S. dealers $1,000 to locate every remaining 2006 model year Ranger on a "do not drive" list issued earlier this year.
NHTSA said there were five complaints alleging fires following the activation of seat-belt pretensioners made by ZF TRW or Takata Corp. during a crash involving the vehicles.
BMW is recalling about 324,000 diesel vehicles in Europe to fix a technical fault that has caused engine fires in South Korea, a German newspaper said.
Tesla CEO Elon Musk, hours following a tweet that set the industry abuzz saying he is considering taking his company private, said "I think this is the best path forward" -- adding that "a final decision has not been made."
After our recently published overview of BMW's main range, we take a closer look at the firm's 'i' range of electrified vehicles. Initially just featuring the i3 and i8, there are now a number of models planned under the electric sub-brand.
Recent chapters in the future vehicles series on BMW Group had cars, then SUVs as their focus, followed by M and i divisions. The series concludes with Zinoro, Mini and Rolls-Royce.
Sport Activity Vehicle is what BMW calls each of its X models. After a recent look at cars, this second feature in the future models series turns to the current and next generation SAVs. The X7 will soon be added to the range, and there may be an X8 and an X9 in the 2020s too.
After 35 years with the automaker, Mike Groff, Toyota Financial Services CEO, will retire Aug. 31. Toyota Financial executive Mark Templin will replace him starting Sept. 1.
BMW's South Korean unit reportedly has apologised over a spate of engine fires, estimated by the country's transport ministry at 27 from January to July, that has prompted a government probe and a major backlash from consumers.
The Giulia showed that if given proper attention by its parent, Alfa Romeo could be successfully reinvented. The Stelvio further demonstrates the depth of engineering and design talent within Fiat Chrysler. Which only makes the minor flaws of this SUV all the more maddening: with just a little more money invested in certain components, Alfa's first SUV could beat the BMW X3 to become best-in-segment.
Daimler has said it had dropped plans to expand its Iran business in reaction to renewed US sanctions, which came into effect on Tuesday (7 August).
Tesla reportedly has started recruiting workers for its new Shanghai factory, according to job postings on its website, just a month after it signed agreements with local authorities for the US$2bn project.
News
7 Aug, 2018
Based on the Lamborghini Huracan, the ARES Panther will cost around £461,000 when it goes on sale later this year
A Munich-based startup has taken advantage of the strong Bavarian sun this summer to test the final development of the charging system of its Sion car, an all-electric solar vehicle that lets you charge as you drive.
A Munich-based start-up has taken advantage of the strong Bavarian sun this summer to test the final development of the charging system of its Sion car, an all-electric solar vehicle that lets you charge as you drive.