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Newsby StaffOctober 17, 2022

Four Dealership Sales Close in Four States

Groups acquire various brands, and one also buys a commercial truck business.

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Newsby StaffOctober 17, 2022

Stellantis May Pull Manufacturing From China

Cites geopolitical, local-competition issues.

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Newsby StaffOctober 14, 2022

Nissan Follows Other Brands in CPO Growth

Adds vehicles up to 10 years old and with as many as 100K miles.

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Newsby StaffOctober 13, 2022

Cox Automotive: Vehicle Loss From Hurricane Ian Could Top 50,000

Cox Automotive believes the likely range of severely damaged vehicles that could need replacement is between 30,000 and 70,000 vehicles.

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Newsby StaffOctober 13, 2022

NADA Releases Third Quarter 2022 U.S. Auto Sales Analysis

The third quarter of 2022 closed with a new light-vehicle sales totaling a quarterly average SAAR of 13.3 million units, down slightly from a SAAR of 13.4 million units during the second quarter of the year.

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Newsby StaffOctober 13, 2022

Nikola Founder’s Trial Closes

He’s accused of lying to investors about electric truck maker’s progress and capabilities.

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Newsby StaffOctober 13, 2022

VW Looks to More Automation at New Plant

The aim is to increase production in what’s currently a largely manual process.

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Newsby StaffOctober 12, 2022

Texas VW Dealership Sold to Local Investor

Adjacent property is sold to facilitate the transaction.

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Newsby StaffOctober 12, 2022

Mercedes-Benz and Microsoft Enter Partnership

The partnership will allow Mercedes-Benz to connect passenger car plants to the Microsoft Cloud to make vehicle production more efficient, resilient and sustainable.

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Newsby StaffOctober 12, 2022

Rivian Shares Fall After Recall

New EV maker dinged by big recall due to loose fastener.

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