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.
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.
Three-time NASCAR champion Joey Logano, who races Ford Mustangs for Team Penske, bought an ownership stake in Huntersville ...
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.
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.
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.
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.
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 ...
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.
Production of BEVs rose by 15 percent to 1.22 million, while PHEV output was up 54 percent to around 450,000, making Germany the largest global production hub after China.
Renault will use parts supplied by China's Shanghai e-drive as it looks to reduce costs and protect margins in a sluggish European market.
VW, Mercedes and several Chinese brands are taking a closer look at the chemistry, which promises lower costs and better cold-weather performance than lithium-based chemistries.