Ford, Subaru and Volkswagen dealerships trade hands in Q3 deals
Ford, Subaru and Volkswagen stores were acquired by dealership groups in separate third-quarter transactions.
Magna Q3 income surges on improved global vehicle production
Magna said third-quarter sales surged as greater microchip availability allowed for higher vehicle production globally.
Reality check: $160 billion can't get autonomous vehicles on road
Companies have invested $160 billion in autonomous driving technology but have yet to widely commercialize robotaxis and full autopilot driving.
Volkswagen stops paid advertising on Twitter
Volkswagen said it has recommended to its brands to pause paid advertising on Twitter until further notice.
Longtime GM supplier American Axle says it is not for sale
While denying talk of a sale, American Axle said it is considering “strategic opportunities that serve the best interest of the company.”