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According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud.

DOJ further investigates Tesla for possible securities, wire fraud

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According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud by deceiving investors and customers about its...
On May 8, GM announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new EVs.

GM halts Chevrolet Malibu production for electric future, invests $390M in...

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On May 8, General Motors announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new electric...
On the latest episode of Inside Automotive, Lizz Callaway joins us to share how privacy and data security is evolving in the industry.

Discover AI’s impact on the industry and what it means for...

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We've seen the expanding role of AI in our daily lives as well as within the retail automotive industry. On the latest episode of...
Jonathan Dawson shares his insights into the core principles that help entrepreneurs drive business success in a challenging environment.

Understanding the fundamental principles behind business success 

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To make their business successful, entrepreneurs must always be willing to learn new approaches and perspectives that can enable them to drive efficiency and productivity....
In this article, we take a look at how technology can help dealers streamline their inventory management strategies for more efficiency.

How real-time data is empowering dealers to manage inventory more efficiently

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In today’s market, stocking your dealership’s lot with the right inventory is crucial and has a direct impact on overall dealership profits and success...
Wholesale used vehicle prices continued to weaken in April, with luxury models retaining more value than others.

Wholesale used vehicle prices dip in April as retail sales cool

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Wholesale used vehicle prices in April continued declines observed throughout the first quarter, with retail sales taking a hit as tax season drew to...
Toyota reported record-breaking sales and profits for the fiscal year ending in March but set cautious expectations for the coming months.

Toyota lukewarm on earnings guidance despite record-breaking profits

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Toyota reported record-breaking profits for the fiscal year ending March after a massive surge in hybrid demand but set cautious earnings expectations for the coming months,...
Honda to launch self-driving taxis in Japan by 2026

Honda to launch self-driving taxis in Japan by 2026

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Honda Motor is collaborating with taxi companies to deploy self-driving taxis in Japan. According to a report by Nikkei Asia, the automaker will provide...
UAW members at Stellantis' Warren Stamping plant have voted in favor of striking if critical safety issues are left unaddressed.

UAW members authorize strike at Stellantis plant over safety concerns

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United Auto Workers (UAW) members have voted to authorize a strike at Stellantis' Michigan stamping plant if talks between company leadership and union officials...
Lucid reported first-quarter earnings revealing better-than-expected revenues and expressed optimism toward the remainder of 2024.

Lucid losses narrow in first quarter despite price cuts

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Lucid's first-quarter earnings revealed positive shifts for the fledgling brand, with most financial metrics improving despite a global cooldown in battery-powered car demand. The electric...