Group 1 Automotive bought at least 9 stores in 3 major deals in Q1
After reporting a sharp drop in net income in the fourth quarter of 2023, CEO Daryl Kenningham promised to be aggressive with acquisitions.
Tesla faces trial over Apple engineer’s fatal Autopilot crash
The trial this week in state court in San Jose centers on Walter Huang, a 38-year-old Apple engineer who was killed on the way to work when his Model X veered off the highway and slammed into a roadside barrier.
China top EV forum to be held in California in May
China’s top electric vehicle forum, the World New Energy Vehicle Congress (WNEVC) will hold a conference in Sacramento, California from May 16-17, according to a statement from the Chinese Society of Automotive Engineers on Sunday.
NHTSA probes Honda's handling of 2023 Accord, HR-V recalls
U.S. auto safety regulators are investigating Honda’s handling of a recall from November involving seat belt restraining issues in new car models.
Toyota developing EV minicars amid low-cost focus
Toyota’s troubled Daihatsu minicar unit wants to “take on the challenge” of making mini EVs as the world’s biggest automaker trails domestic rivals in the emerging segment.