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Latest News Dealer News Mobility News Used Car News

Latest News

Ex-Nissan exec Greg Kelly speaks up in his defense
Posted on Sunday May 16, 2021

As he took the stand in his own defense, he stuck up for his former boss, Carlos Ghosn.

Marelli partners up to play in e-axles
Posted on Sunday May 16, 2021

It just joined a growing list of big-league suppliers that plan to produce EV drive systems.

Ford brings Alexa along for the ride
Posted on Sunday May 16, 2021

The automaker said its six-year agreement is the industry's "broadest rollout of the embedded Alexa hands-free experience to date."

Fleets join the club of those looking to acquire vehicles
Posted on Sunday May 16, 2021

In an upside-down used-vehicle market, rental car companies are no longer big sellers, but buyers.

Ex-DOT chief weighs in on Biden proposal, EVs and equity
Posted on Sunday May 16, 2021

Anthony Foxx says the U.S. has been underinvesting in infrastructure for a long time and has an opportunity to change that with the current administration's $2 trillion plan.

Dealer News

Napleton suit alleges ex-general manager stole trade secrets, raided employees for competitor
Posted on Tuesday May 18, 2021

Garrett McDonald stole confidential information from Napleton Kia of Carmel in Indianapolis and used it advantageously when he accepted a position at Bob Rohrman Kia in Lafayette, Ind., the lawsuit alleges.

Zeigler to acquire its first Subaru dealership
Posted on Tuesday May 18, 2021

Zeigler Automotive Group said it plans to update the Subaru dealership's showroom, add additional service capacity and increase the display area for new- and used-vehicle inventory.

DealerSocket to be acquired by Solera
Posted on Monday May 17, 2021

Terms of the acquisition by Solera Holdings, which specializes in data and software for the insurance and automotive industries, were not disclosed.

Automakers, dealers, suppliers to review mask mandates
Posted on Monday May 17, 2021

Despite relaxed CDC guidance, most companies haven't gone mask-free yet. Many seem to be taking a wait-and-see approach as regulators catch up with the CDC's latest decision.

N.H. dealer reacquires Nissan dealership
Posted on Monday May 17, 2021

Key Auto Group, of Portsmouth, N.H., which last month acquired two dealerships, sold a Nissan store last week to another dealer in the state.

Mobility Report

Stellantis, Foxconn agree to form JV for connected-car technologies
Posted on Tuesday May 18, 2021

The two companies have signed a memorandum of understanding to form Mobile Drive, a 50-50 joint venture based in the Netherlands.

Trouble in the SPAC world
Posted on Sunday May 16, 2021

Shares of electric vehicle companies that went public by merging with special-purpose acquisition companies have plummeted as investors question whether their visions for a greener future are divorced from reality.

Small group takes EV plunge as others stand back amid uncertain economics
Posted on Sunday May 16, 2021

Automakers around the world have some big plans, but a handful of brands have declared a complete makeover.

Ex-DOT chief weighs in on Biden proposal, EVs and equity
Posted on Sunday May 16, 2021

Anthony Foxx says the U.S. has been underinvesting in infrastructure for a long time and has an opportunity to change that with the current administration's $2 trillion plan.

Tesla crash victim lauded 'full self-driving' in videos on TikTok
Posted on Sunday May 16, 2021

Two videos of a man driving with his hands off the wheel were posted on the alleged Tiktok account of the victim, 35-year-old Steven Hendrickson of Running Springs, Calif.

Used Car Market

CarLotz shares start trading after reverse merger
Posted on Friday January 22, 2021

The company began trading shares Friday under the "LOTZ" ticker symbol. CarLotz CEO Michael Bor said going public should help raise the online used-car retailer's profile and visibility.

Used-car consignment store CarLotz to go public via merger
Posted on Wednesday October 21, 2020

The deal would make CarLotz the third major U.S. online car seller to go public this year, following in the trails of Vroom and Shift Technologies as online vehicle sales boom during the coronavirus pandemic.

Cars.com looks to shed part of Chicago headquarters
Posted on Wednesday September 16, 2020

The move comes four months after the company announced a round of layoffs triggered by the COVID-19 crisis.

McLaren North America rebrands certified pre-owned program
Posted on Monday September 14, 2020

The British exotic brand, in the latest tweak to its North American retail operations, is retiring McLaren Qualified after seven years.

Intent to buy used stabilizes while new-car intent weakens, study finds
Posted on Wednesday August 05, 2020

Between June and July, new-vehicle purchase intent in the U.S. declined 4 percent while used-vehicle intent rose 2 percent, according to a survey by McKinsey & Co. on how consumers are responding to COVID-19.


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