NHTSA opens probe into Mercedes vans used for Amazon deliveries, ambulances
The agency said it had 11 reports of 2019 Sprinter 2500/3500/4500 vans rolling away shortly after being shifted to park.
Nikola founder Milton turns to lawyers who defended Tesla’s Musk
Trevor Milton has more in common with Elon Musk than starting a prominent electric vehicle company named after inventor Nikola Tesla. He’s now hired the same lawyers to defend him.
TrueCar revenue rises 12% in Q2, but overall dealer count falls
The vehicle listings provider’s net loss narrowed to about $7.28 million in the quarter ended June 30, from $11.2 million in the pandemic-stricken period a year earlier.
Magna swings to Q2 profit, cuts revenue outlook due to chip shortage
Revenue for the year is now expected to be between $38 billion and $39.5 billion, compared with a previous forecast of $40.2 billion to $41.8 billion.
CarGurus Q2 revenue, profit soar in rebound from early pandemic impact
The second quarter of 2021 compares with a year-earlier quarter that was heavily affected by the early months of the coronavirus pandemic, including discounted fees for dealerships.