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Automobile
2 EV execs exit as VW ID4 production begins
Speaking June 16 at the Automotive News Congress in Washington, VW of America CEO Scott Keogh said he expects ID4 availability and inventory to build dramatically late this year and into 2023 as production in Tennessee ramps up."We're…
Genesis Electrified G80 launch delayed
Genesis is pushing back the launch of the Electrified G80 sedan after a planned spring showroom debut. The automaker didn't disclose the reason but said more details about pricing and the on-sale date will not be available until late…
Silicon Valley car dealer embraces a tech giant culture
Del Grande dealer group thrives in Silicon Valley by embracing the area's tech culture. The family enterprise invests in training, compensation and the perks expected in the California enclave.
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Bruton Smith was a ‘visionary’ in retail and racing
"She started fighting dirty," laughed Smith in a 2005 interview with Motorsport.com. "You can't fight your mom and God, so I stopped driving."During his teenage years, Smith began to promote dirt-track races. He later would run the…
GM investment opens UVeye tech to dealership service departments
General Motors said it made an undisclosed investment in UVeye, an Israeli-based automated vehicle inspection technology developer, through its GM Ventures unit.
As part of the collaboration, announced Wednesday, GM will have access to…
Porsche, Penske unveil new hybrid racer
Porsche Penske Motorsport team's much-anticipated hybrid LMDh prototype has a name: the Porsche 963.
The new car was unveiled at Goodwood House in England on Friday, and follows the Porsche and Team Penske collaboration that began in…
McLaren developing an electric SUV
McLaren, a steadfast holdout in the stampede among Lamborghini, Bentley, Aston Martin, Ferrari and other ultraluxury and exotic brands to market high-performance utility vehicles, may be reversing course.
That's the conclusion of a…
CarMax used-car sales down again in latest quarter amid inflation, affordability woes
Used-vehicle retail giant CarMax Inc. said it again sold fewer used vehicles in its fiscal first quarter as a result of inflation, vehicle affordability issues and waning consumer confidence.
The company retailed a total of 240,950 used…
CarMax earnings: Used-car sales down again in latest quarter amid inflation, affordability woes
Used-vehicle retail giant CarMax Inc. said it again sold fewer used vehicles in its fiscal first quarter as a result of inflation, vehicle affordability issues and waning consumer confidence.
The company retailed a total of 240,950 used…
CarMax earnings: Used-car sales down again in latest quarter amid inflation, affordability woes
Used-vehicle retail giant CarMax Inc. said it again sold fewer used vehicles in its fiscal first quarter as a result of inflation, vehicle affordability issues and waning consumer confidence.
The company retailed a total of 240,950 used…