The automaker is said to have cut costs to about $700 million from $1 billion for a platform it is developing to build EVs.
The sector had 48,700 fewer employees than a year earlier at the end of September, a decline of 6.3 percent and the biggest drop in any major industrial sector with over 200,000 staff.
GM supplier Avancez plans to lay off 143 workers in a Detroit suburb because of its customer slashing production at the all-electric Factory Zero in Detroit.
Dealers applying a strictly transactional model to used-car sales and not offering the same experience they do on the new-vehicle side, are setting themselves up to lose longterm, one expert said.
The spectacle betrayed decades of apolitical words and actions by Toyota Motor Corp., and did so in gleeful celebration of a man whose deeds this year have caused billions in losses to the auto ...
Jeep is ushering in an era of electric off-road adventures with the 2026 Recon, its first trail-rated EV. Toyota CEO Koji ...
Penske Automotive Group Inc. on Nov. 19 acquired Penske Motor Group’s four dealerships, including Longo Toyota.
The electric version expands the lineup of the ever-important Cayenne, a nameplate that battles with the smaller Macan crossover to be Porsche's No. 1 seller globally.
The adjudicator sided with the dealership, saying the customer did review and sign the purchase agreement and pay the requested price.
Lt. Darren Schlosser explains steps dealers should take during in‑progress auto finance fraud and how to document and report older scams to police.
In areas such as the America West, mountains and canyons interrupt cell signals that many vehicles depend on. More cellular towers are required in those areas, such as these in Ut ...
Customers will have access to Ford Pro’s fleet management software including tools to make their businesses run more efficiently.