Penske Automotive Group names Greg Penske vice chairman
Roger Penske’s son Greg Penske was named vice chairman of Penske Automotive Group, while the auto retailer also named two executives to new COO roles.
Lucid joins Tesla-led EV price war with discounts on Air models
Lucid said that customers will get a $7,500 credit on buying certain variants of the Air luxury electric car.
Lexus retakes No. 1 spot in J.D. Power dependability study
Mass-market brands had 182 problems per 100 vehicles, while premium brands had 205 problems per 100 vehicles.
GM makes long-term U.S. microchip deal with GlobalFoundries
The companies said GlobalFoundries will produce components for GM’s chip suppliers in a long-term agreement that offers exclusive capacity for GM.
2024 Subaru Crosstrek gets redesign — and an assist from U.S. factory
In introducing the redesigned 2024 Crosstrek at the 2023 Chicago Auto Show, Subaru said it will begin manufacturing some trims of the subcompact crossover at its plant in Lafayette, Ind., starting this year.