Automobile

BEIJING — If global automakers think they can extend their dominance in China into the electric era, they may be in for a shock. Kings of the combustion age such as General Motors and Volkswagen Group are falling behind local players in…

     • Hyundai Canada extends hockey ties      • Volkswagen settles UK class action lawsuit      • Report: Renault's partnership proposals Source link

Q: Your role includes oversight of world markets, including India, Europe, the Middle East and Africa. How do you decide your priorities? A: The No. 1 priority I was given was to strengthen the North American market first, with the U.S.…

ECARX plans to announce partnerships with two new global automaker clients in the next six months, according to Shen. The electrification of cars will be an opportunity for ECARX and contribute about 15 percent of this year’s revenue,…

Elon Musk is dropping plans to partially fund his purchase of Twitter Inc. with a margin loan tied to his Tesla Inc. stake and increasing the size of the deal’s equity component to $33.5 billion. Musk will provide an additional $6.25…

Cannon Motor, a family-operated company, formed in 1956 in Calhoun City, Miss., starting as a used-car business. The group has 19 franchised dealerships across Mississippi and Arkansas, plus three used-vehicle dealerships in…

Ford continues to struggle with getting enough Broncos delivered to customers, but that delay is because of the chip shortage. Despite this, Ford sold 13,113 Broncos in the U.S. in April -- the most of any month since its June 2021…

Ford continues to struggle with getting enough Broncos delivered to customers, but that delay is because of the chip shortage. Despite this, Ford sold 13,113 Broncos in the U.S. in April -- the most of any month since its June 2021…

The nation's largest new-vehicle retailer is commencing a multimillion-dollar "Go Be Great" advertising campaign that it says coincides with an employee retention and recruitment effort.Auto retail giant AutoNation Inc. said on Tuesday…

Stanton acknowledged that Keogh had "been a consistent and full-throated advocate for the franchise dealer retail model," but warned that "the longer your dealers go without information and answers to their questions, the more that…