Apr 30, 2024
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight.
Apr 30, 2024
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China.
Apr 30, 2024
The event in Detroit celebrated the best in supplier innovation.
Apr 30, 2024
Current Issue | Dealer Headlines
PACE Awards go to innovations from Dana, Valeo, Yazaki and 10 others
2024 Automotive News PACE Award winners ranged from an advancement in lidar technology to a potentially better way to paint cars in the factory.
Apr 30, 2024
Dealer Headlines
U.S. imposes emergency-braking rule in 2029 for cars to cut roadway deaths, injuries
U.S. authorities have issued a new mandate that will require carmakers to install automatic emergency braking systems on new vehicles beginning in 2029. Regulators expect the rule to save 360 lives a year.
Apr 29, 2024
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March.