AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue.
In Beijing, automakers are all-in on EVs
The Beijing show comes as green vehicles reached a milestone in China, accounting for over half of passenger vehicles sold.
5 defining moments from Tesla's Q1 earnings
Industry analysts expected bad news from Tesla’s first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year.
Service customer arrested at gunpoint after dealership lost paperwork
A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done.
Don Petersen, CEO who steered Ford to success in late 1980s, dies at 97
A mechanical engineer with a zeal for quality, Petersen led the company during some of its most prosperous years and was only the second person outside the founding Ford family to lead the automaker, after his predecessor, Philip Caldwell.