Hudson Automotive, TKO Group buy dealerships in Southern states
Hudson Automotive Group and TKO Group have increased their dealership counts with June transactions, while Grey Wolf Automotive Group has entered Alabama.
Lamborghini is almost sold out this year as pandemic gloom lifts
The automaker has sold about 10 months of its production capacity already this year as an easing pandemic unleashes free-spending among some consumers.
Market slips after 13 straight monthly gains
Vehicle sales in China fell 3 percent to 2.13 million in May, the China Association of Automobile Manufacturers said Friday, adding the global chip shortage and surging raw material prices are having an increasing impact on automakers.
German environmental groups fight Tesla gigafactory permit
The objection is based on the claim that Tesla has not sufficiently clarified what precautions it will take to prevent highly poisonous gas from escaping from the factory.
Shyft to launch its first EV chassis to meet demands of delivery companies
Michigan-based Shyft — formerly named Spartan Motors — sold its emergency vehicles business in February 2020 to focus on making multi-stop trucks through subsidiary Utilimaster.