IDEA Auto Group's Toyota, Subaru and Nissan stores in the Austin, Texas, market, sold to two different buyers.

With improved cash flow, GM has a "safety blanket" that makes it comfortable with short-term EV losses as it pursues profitability, CFO Paul Jacobson said.

Up more than 50 per cent since the start of the pandemic, used-vehicle prices are expected to remain elevated as limited inventory, lofty new-vehicle costs and lingering trade uncertainty keep used ...

Allowing Geely to use Ford’s excess capacity in Europe would enable the Chinese automaker to avoid steep EU tariffs on electric vehicles imported from China.

Three-time NASCAR champion Joey Logano, who races Ford Mustangs for Team Penske, bought an ownership stake in Huntersville ...

The new Asia Newsletter distills the week in autos from Japan, South Korea, China and the broader Asia-Pacific region, delivered to your inbox every Thursday.

Tight new-vehicle profit margins were top of mind for many of the 140 dealer principals and other store leaders who participated in Automotive News’ Dec. 4-Jan. 9 survey.

To encourage ADAS adoption, automakers need to educate consumers about the features, show them how to use them and include the cost of the technology in the purchase price, a new survey shows.

Tight new-vehicle profit margins were top of mind for many of the 140 dealer principals and other store leaders who participated in Automotive News’ Dec. 4-Jan. 9 survey.

Tight new-vehicle profit margins were top of mind for many of the 140 dealer principals and other store leaders who participated in Automotive News’ Dec. 4-Jan. 9 survey.

Tight new-vehicle margins threaten dealerships’ overall profitability in 2026. Some stores are harnessing their service lanes and used-car operations to bolster other profit centers.

Volvo Cars Americas President Luis Rezende believes the EV, slated to arrive in the U.S. this summer, can draw buyers with its technology, 400-mile range, fast-charging capabilities and performance.