Apr 25, 2024
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue.
Apr 25, 2024
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory.
Apr 25, 2024
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income.
Apr 25, 2024
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker.
Apr 25, 2024
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership.
Apr 25, 2024
The company’s leadership will be joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement.