Frank Stronach faces 12 charges involving seven complainants for alleged incidents dating back as far as the 1970s.
National Automobile Dealers Association CEO Mike Stanton said, however, that the group would not interfere with dealers adding Chinese franchises.
Europe's auto supplier crisis is forcing what may be the sector's most dramatic strategic pivot in decades: a rush toward defense manufacturing.
Consolidation in Canada’s auto retail market is entering a new phase as buyers explore partnerships over purchases.
U.S. light-vehicle deliveries are forecast to rise slightly in January, helped by one extra selling day, though the seasonally adjusted annual rate of sales — projected at 15 million to 15.3 million — ...
Sales of EVs in the EU could drop as low as 50 percent from 2035, T&E said, after the Commission proposed a 90 percent cut in car and van CO2 emissions by 2035 from 2021 levels, rather than zero.
The report from the Trillium Network for Advanced Manufacturing notes that the last decade has seen U.S. automakers significantly shrink their Canadian footprint, while Japanese companies have kept ...
Jaguar’s upcoming electric sedan will deliver more than 1,000 hp from a three-motor powertrain. The Porsche Taycan rival will use twin rear motors and a single front motor, supported by a 120-kWh ...
Bank of America will continue managing Volvo Car Financial Services through 2030 after the automaker renewed the partnership a year early in November. Dealers shouldn't see any new changes.
Dropping Boxster and Cayman electric versions may be necessary because Porsche faces budget constraints due to slumping sales in China and the cost of reversing its EV strategy ...
Scout’s retail plans, along with a similar strategy by Sony Honda Mobility, are likely to be notable topics during the NADA Show in Las Vegas.
UK dealer management system provider Pinewood.AI confirmed talks with private equity firm Apax Partners about an acquisition that would generate more than $250 million for Lithia Motors.