Automotive News

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News about all aspects of the automotive industry updated continuously each business day

Mar 11, 2024
A California bankruptcy court approved dividing up the digital assets of used-vehicle retailer Shift Technologies in separate sales. Bidders on the assets were TrueCar founder Scott Painter, a limited liability company and a Canadian nonautomotive company.
Mar 11, 2024
Asbury Automotive Group Inc. sold a Lexus dealership, Baxter Auto bought a Toyota dealership and a Puerto Rico dealer bought his first U.S. mainland store.
Mar 11, 2024
The safety probe covers 2019-22 Honda Insight hybrid sedans and Honda Passport midsize crossovers.
Mar 09, 2024
U.S. electric vehicle startups are turning to cheaper models, slamming the brakes on their production ramp-up plans and laying off employees to navigate a slump in demand due to steep borrowing costs and high repair expenses for the vehicles. Tesla has told suppliers it wants to start production of a...
Mar 09, 2024
The few startups and programs still in operation are trying to find the right pricing and logistical models to survive.
Mar 08, 2024
The state sees a chance to double down on the EV maker as it plans to launch production of a new vehicle at its factory in Normal, Ill., instead of Georgia.
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