Dealer Headlines

The preliminary funding agreement requires Wolfspeed "to take additional steps to strengthen its balance sheet to better protect taxpayer funds," it said.

The BMW CEO said the mood in Europe was "trending towards one of pessimism" and the region needed a new regulatory framework to remain competitive.

The Sealion 7 will be BYD's flagship model in Europe, showcasing the automaker's latest battery and manufacturing technology.

The time frame means that Carlos Tavares' successor will decide whether any of the automaker's 14 brands should be scrapped.

A federal judge in Illinois has refused to dismiss a fraud claim by Automobili Lamborghini America against a Chicago dealership, its president and an employee for allegedly selling dozens of luxury vehicles to known resellers, misreporting those sales and wrongly claiming millions of dollars in bonus payments.

A former finance manager took hefty kickbacks from a vendor of extended warranty contracts, according to a lawsuit filed by a New York City dealership.