Tag: car dealership

Vroom Inc. released its third-quarter financial results on Monday, reporting a smaller net loss and record profits per used vehicle sold, though both revenue...

Tesla is recalling over 40,000 Model S and Model X vehicles from 2017-2021 because vehicles may experience a loss of power steering assist when...

Tesla CEO Elon Musk is headed to court again, this time to defend his $56 billion payment package against claims that it unjustly compensates...

To increase competitiveness in a struggling market segment, Lidar makers Ouster and Velodyne have agreed to a merger that will combine roughly $400 million...

Ford Motor Company is asking the US government to limit what it calls a "foreign entity of concern" so that more vehicles can qualify...

Japan is joining South Korea and the European Union in pressing the US government to loosen new federal tax credits for electric vehicles found...

James “Jimmy” Edward Ellis, a distinguished auto dealer in the Atlanta area, passed away peacefully on November 5, 2022, at age 67. Ellis had...

The US Labor Department reported job growth in October was better than expected on Friday, despite efforts by the Federal Reserve to slow the...

In a press release, Lucid Motors announced it will live-stream a global launch event called "In the Air and Beyond" on November 15, as...

Carvana shares fell in extended trading after the company announced its third-quarter financial results were worse than expected and reflected a decline in nearly...