Lithia Motors buys Ferrari-Bentley-Lotus dealership
Lithia Motors Inc.’s collection of exotic and ultraluxury dealerships expanded with a purchase of a store in Colorado.
Recycling EV batteries critical to meeting electrification targets, executives say
Finding ways to effectively recycle electric vehicle batteries will be crucial for the auto industry as it looks to figure out where it will source critical materials in 2030 and beyond.
Ford tightens grip as No. 2 EV maker; Korean brands cool
Tesla led EV registrations in the January-October period with a 65 percent market share, according to Experian. Tesla was also the No. 1 luxury brand, regardless of fuel type, by a wide margin.
Tesla to postpone hiring, shorten shifts at Shanghai plant
Tesla, facing rising inventories, may need to cut prices in China further in the coming year because it increasingly appears to have a demand issue, one analyst said this week.
Wholesale used-car prices show slight decline in November
Cox Automotive said its Manheim Used Vehicle Value Index fell just 0.3 percent in November from October, following more substantial declines earlier in the autumn season.