BMW X1 grows for 2023, adds more power
The redesigned 2023 BMW X1 arrives at U.S. stores in the fourth quarter.
Fire at Rivian plant in Illinois under investigation
A defective battery pack caught fire at the Rivian plant in Normal, Ill., leading to the evacuation of the area where Rivian tests battery packs.
Supplier Marelli selects KKR to lead turnaround, debt restructuring
As part of the turnaround plan, Marelli is seeking the cancellation of about 450 billion yen ($3.5 billion) in debt, out of obligations of about 1.13 trillion yen, Bloomberg reported.
Ford, Texas dealership face lawsuit over recalled Takata airbag
The decadelong Takata airbag recall continues to plague automakers as more litigation emerges following Texas accident.
A brighter business outlook in the States is one reason Canadian dealer groups are buying U.S. stores
It’s not just warmer U.S. weather, but also the promise of a brighter outlook for business that is drawing interest from Canadian dealer groups.