Tag: automotive industry newsinsights
Penske Q3 profits drop amid BMW recall and rising interests costs
Penske Automotive Group reported a 14% drop in net income in Q3 due to the BMW recall and rising interest costs. Penske, a diverse...
White House urges Stellantis to honor commitments to UAW after plant...
Stellantis is under pressure from both the White House and the United Auto Workers (UAW) union to follow through on its 2023 promise to...