Asbury reports record Q2 net income of $152 million
Asbury’s results continue a streak of landmark earnings among the public dealership groups galvanized by higher vehicle profits during the microchip shortage.
GM's Matt Tsien to retire; Kent Helfrich tapped as CTO, president of GM Ventures
After 45 years with the automaker, Tsien will retire this year from his current role as chief technology officer at GM and president of GM Ventures.
Ford to locate Ion Park battery lab in Romulus, Mich., receive tax breaks
The facility will open by the end of next year and help Ford develop its own battery cells for future electric vehicles.
How Orlando’s Milk District came to be: The story of a dude, a cow and a dream
The backstory of the Orlando Milk District all began in 1925. It is the story of a dude, a cow and a dream.
Tesla Q2 net income jumps to $1.1B on record deliveries
The company’s net income was roughly equal to its total profit in the previous 12 months.