Two groups on Automotive News‘ top 150 dealership groups list bought stores this month to grow in Kentucky and Colorado, respectively. Here’s a look at the deals involving domestic and luxury brands. Jeff Wyler Automotive Family Inc. on Monday acquired its second Mercedes-Benz store when it bought Mercedes-Benz of Louisville from Peterson Automotive Collection, owned
It’s official, Chrysler’s Airflow electric crossover concept will make its public debut at CES 2022 in Las Vegas on January 5, 2022, when the brand will also outline its future electrification strategy. CES 2022 will feature the first public display of the Chrysler Airflow Concept, which was previewed in Stellantis EV Day and Software Day
The all-electric Lucid Air may come from an automaker with no prior experience building cars but it has proven itself to be one of the finest electric vehicles on the market. A bunch of journalists have had the opportunity to drive the Lucid Air over the past couple of months and most recently, the guys
A C7 Chevrolet Corvette Stingray was split in half following a recent crash in Roseville, California but remarkably, the driver managed to escape without injury. Details about what led to the crash are unclear but video footage shows the aftermath and it is not a pretty sight. Evidently, this Laguna Blue Corvette will now be
A potential deal between Geely and Renault could pave the way for Geely’s Lynk & Co. brand to reach the U.S. Geely and Renault in August signed a Memorandum of Understanding for a comprehensive deal that will see them jointly introduce Renault-branded hybrids in China, using vehicle platforms and production capacity supplied by Geely. The
BERLIN — Tesla and relevant authorities have submitted all the documents necessary for the approval process for the automaker’s planned factory near Berlin, the environment ministry of the German state of Brandenburg said. The approval process is still ongoing, the ministry said on Wednesday. Due to environmental objections and red tape, it remained unclear when
Vehicle auction and remarketing company XLerate Group said Wednesday it has signed an agreement to acquire America’s Auto Auction, another major auction company. Once combined, Carmel, Ind.-based XLerate and Dallas-based America’s Auto Auction will have 39 auction sites spread across 19 states. The deal is expected to close by the end of the year. Financial
Pro driver Randy Pobst hot laps the 2020 Lamborghini Huracán Evo AWD around WeatherTech Raceway Laguna Seca for MotorTrend’s 2020 Best Driver’s Car presented by Tire Rack. Get the pros and cons right here ➡️ https://bit.ly/34CAMjq #MotorTrend #Lamborghini #Huracan #TireRack Best Driver’s Car and World’s Greatest Drag Race 10 YouTube Schedule: Best Driver’s Car hot
By Joey Klender Posted on December 22, 2021 Tesla (NASDAQ: TSLA) has rebounded from a slight pullback earlier this week on the stock market to regain its status as a trillion-dollar company. Shares closed at $1,008.87, up 7.49%, on Wednesday. Shares surged during Wednesday trading hours based on Musk’s comments, which seemed to entail that
What kind of car is the 2022 Mazda 3? What does it compare to? The Mazda 3 sedan and hatchback are compact entry-level cars with lovely interiors and lots of safety equipment. They’re competition for cars like the Toyota Corolla, Honda Civic, Toyota Corolla, and Hyundai Elantra. Is the 2022 Mazda 3 a good car?
The new Lamborghini Countach LPI 800-4 is an homage to the ultimate bedroom poster car. The original Countach defined “super” for a generation of car enthusiasts as they gazed up at its remarkable and futuristic lines. So what better way to celebrate this new model than with a series of five new posters. Lamborghini turned
In this article LAD Dealer inventory levels across the country remain extremely low due to a semiconductor chip shortage that has led to sporadic plant shutdowns and depleted vehicle inventories in 2021. Michael Wayland / CNBC DETROIT – The Christmas wreaths and lights are hung at a General Motors dealership in metro Detroit, but there’s
BEIJING — Geely Holding and Renault are likely to soon announce a deal to jointly produce the Chinese automaker’s hybrid vehicles in South Korea and look at possibly exporting cars duty-free to the United States, three people familiar with the matter said. The joint venture will allow Renault to shore up its struggling business in
WASHINGTON — U.S auto safety regulators said Wednesday they have opened a formal safety investigation into 580,000 Tesla Inc. vehicles sold since 2017 over the automaker’s decision to allow games to be played on the front center touchscreen. The National Highway Traffic Safety Administration said its preliminary evaluation covers various 2017-2022 model year Tesla Model
2:31 AM ET Mick Schumacher, the son of seven-time Formula One world champion Michael, will double up as a Ferrari reserve driver next season while also having a regular race seat at U.S.-owned Haas. Team boss Mattia Binotto told reporters that the 22-year-old German would be available to stand in at 11 of the record
A number of companies are facing a shortage of workers, but Russia’s Kamaz might have found an unlikely solution. According to Reuters, the CEO of the country’s largest truckmaker is considering using prison labor. No decisions have been made, but Sergei Kogogin told reporters the company is “assessing how to apply the program developed by
Over a year after being seriously injured in a paracycling crash, 55-year-old racing driver and Paralympian Alex Zanardi has left the hospital to continue his recovery process at home in his native Italy. The news was first reported by Motorsport on Monday, and confirmed by Zanardi’s wife Daniella in a statement published by BMW on
BERLIN — Volkswagen said allegations made against it by Acer were unfounded, after a magazine reported that the Taiwanese computer maker had sued the automaker for infringing on its mobile network patents. German weekly WirtschaftsWoche had reported on Tuesday that Acer had filed a suit in the U.S. state of Virginia, alleging that VW had
An Ohio BMW dealership has agreed to pay $390,000 in damages and back pay and beef up anti-discrimination practices to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission. The EEOC alleged that Davis Automotive Group’s BMW Cleveland location had fired two employees because of their age. BMW Cleveland also allegedly retracted an
Part 4 of Ultimate Adventure 2018. We awoke on Day Five in Ellenville, New York, at Northeast Off-Road Adventure facility. With 68 acres of trails running from beginner to expert, we restyled Rick Pewe’s hair after he lost a bet, locked the hubs, and hit the trail….and the trail hit back, pitching the Warn Golden
Redwood Materials, the battery materials and recycling company founded by Tesla co-founder JB Straubel, hired Tesla’s Director of Quality Bruce Watson away from the electric automaker. Straubel’s Redwood Materials was best known as a Nevada-based company developing new processes to recycle materials with a focus on electric car batteries, but the company announced that it
The first reviews of the 2022 Subaru WRX have hit the web, providing us with our first chance to see what the new car is all about. For the first time in the WRX’s history, this new model shares no body panels with the Impreza, nor does it share any of its powertrains with the
12:16 PM ET Canadian Nicholas Latifi spoke out on Tuesday after receiving death threats and online abuse over a crash at the Dec. 12 Abu Dhabi Grand Prix that led to Red Bull’s Max Verstappen winning the Formula One title and Lewis Hamilton missing out. The Williams driver brought out the safety car late in
What kind of car is the 2022 Mazda CX-9? What does it compare to? With the CX-9, Mazda has a seven-seat SUV and its largest vehicle ever. The three-row crossover rivals vehicles like the Toyota Highlander, Subaru Ascent, even the Volvo XC90. Is the 2022 Mazda CX-9 a good car? Review continues below We give
Honda is helping children aged four to nine at Children’s Health of Orange County (CHOC) get from their hospital rooms to their medical appointments with a new vehicle called “Shogo.” The name comes from a Japanese word and is intended to mean “soaring into the future.” Featuring hand controls, a steering wheel, and no doors,
In this article NKLA Trevor Milton CEO of Nikola Massimo Pinca | Reuters Electric truck maker Nikola has agreed to pay the Securities and Exchange Commission $125 million to settle charges that it defrauded investors by misleading them about its products, technical capacity and business prospects. SEC officials said they hoped the penalty would serve
TOKYO — Toyota said it will launch a service next year offering customization and updates for cars as customers increasingly hold on to their vehicles for longer. The service, known as Kinto Factory, will start in late January and offer new safety features, refreshed interiors, and software upgrades to car computer systems. Toyota is trying
KPMG warned that used-vehicle prices could fall abruptly and raise negative equity issues once new-vehicle supply rebounds. The used-car market has historically been closely correlated with the new car market, KPMG global head of automotive Gary Silbert told Automotive News on Monday. But used-vehicle prices are up 42.4 percent over January 2020 levels, while new-vehicle
All electric vehicles experience losses during the charging process. We recently posted a couple of articles explaining why there are charging losses and where they are incurred, but we continue to get questions and comments about it so I decided to record my 2021 Tesla Model 3 charging on an Electrify America DC fast charger
Just 600 examples of the Honda Civic Type R Limited Edition are heading to U.S. shores and sadly, one of them has already been destroyed in a fire. This particular Civic Type R has been listed up for sale through IAAI and while no details about the incident that led to its destruction have been