Lynk & CO targets 1 million sales as it unveils new crossover
The brand is aiming to lift sales over the next two years by expanding into new markets and targeting young, affluent drivers with its new midsize 09 crossover.
Rivian pressured on environment, human rights ahead of IPO
Automakers have come under pressure to prove that minerals such as lithium and cobalt for their EVs are sourced without human rights abuses.
Tesla named fastest-growing brand of 2021, annual study says
Elon Musk’s electric vehicle brand tripled its worth while tech still dominates in Best Brands 2021.
Magna cuts sales outlook on chip crunch, supply chain woes
The company said it expects 2021 sales of $35.4 billion to $36.4 billion, compared with $38.0 billion to $39.5 billion forecast earlier.
Lithia's Q3 net income nearly doubles amid acquisition binge
Lithia continued its dealership acquisition tear in the third quarter, with purchases in Alabama, California, Texas and Georgia.