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NHTSA probes in Ford’s recall, VW CEO pushes more plug-in hybrid...

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Top Stories  Ford faces 'significant safety concerns' over SUV recall. Read More VW CEO introduces more plug-in hybrid models alongside ID.4 electric crossover. Read More U.S. commerce...
Vice President Kamala Harris announced $100 million in federal grants for automotive suppliers, accelerating industry transition toward EVs

Automotive weekly roundup: Bill aims to nullify EV tax credit, VP’s...

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Earlier this week: Republicans proposed an IRA bill to repeal the U.S. EV tax credit, which would give China an advantage in EV production....

GM halts Malibu production, Tesla’s wire fraud investigation, Cars.com Q1 financial...

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Top Stories GM halts its Chevy Malibu production at its Kansas Plant. Read More  U.S. prosecutors further investigate Tesla for potential wire fraud. Read More Hyundai, Kia...
Tesla reported $1.13 billion in net income for the January-through-March period as the effect of slow sales and price cuts cut into profits.

Tesla profits plummet in Q1, company accelerates new product development

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Tesla reported steep declines in first-quarter revenue and profit but rallied shareholders over promises of new products. The electric vehicle manufacturer reported revenue of $21.3 billion,...
Cars.com 2024 list of best-value new cars has been updated to include a wider range of vehicles, such as compact cars & various SUV sizes.

New-car inventory rises and best-value cars for 2024 revealed, Cars.com report

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According to the most recent Cars.com report, new-car inventory is on the rise—particularly in the under $30,000 segment—marking a significant recovery. Vehicles now average...
Hyundai and Ivego Group will continue working together to build commercial vehicles powered by battery and fuel cell technology.

Hyundai to build more electric commercial vehicles with Iveco Group

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Hyundai has signed a letter of intent with Iveco Group, a commercial vehicle brand, signaling its commitment to accelerate innovation in the heavy-duty truck...
Group 1 Automotive announced the acquisition of Modern Classic Motors in Hilton Head, South Carolina adding $140 million in revenue.

Group 1 expands with Modern Classic Motors acquisition in South Carolina

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On March 11, Group 1 Automotive, one of the nation's leading auto retailers, announced the acquisition of Modern Classic Motors in Hilton Head, South...
The 2024 Pied Piper PSI Internet Lead Effectiveness Study highlighted Infiniti as among the top performers in customer engagement.

Infiniti tops dealership customer engagement ranking in Pied Piper study

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The 2024 Pied Piper PSI Internet Lead Effectiveness (ILE) Study, which assessed responses to online customer leads at 3,957 dealerships, highlighted Infiniti as among...
IIHS ups demands on automakers for Top Safety Pick & Pick+ awards, claiming Improvements are required in vehicle protection features.

IIHS raises the bar: 71 vehicles earn top safety awards

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In 2024, the Insurance Institute for Highway Safety (IIHS) is ramping up its demands on automakers, pushing for advanced pedestrian crash avoidance systems and...
Group 1 owns and runs 200 car dealerships, 262 franchises, and 43 collision centers in the U.S. and the U.K.

Group 1 acquires 2 high-volume Lexus stores in California

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Group 1 Automotive, one of the nation's largest and top-selling automotive retailers, announced the acquisition of Newport Lexus and Tustin Lexus from Wilson Automotive. The...