TrueCar CEO: ‘Nimble team' working well together after job cuts
New CEO Jantoon Reigersman said it is business as usual for the vehicle listings company in the wake of job reductions and a restructuring.
Fremantle Highway ship disaster likely to exceed $330 million in initial damages, economist says
The damaged carrier has been towed to a location away from shipping lanes as part of salvage operations, the Dutch public works and water management ministry said Monday.
BorgWarner Q2 revenue rises amid spinoff, acquisitions
BorgWarner’s net earnings fell 5.5 percent to $204 million, but operating income surged 40 percent to $383 million from last year.
Tesla Cybertruck sized competitively for EV pickup segment
CEO Elon Musk says the Cybertruck beats rivals in space utility. It’s shorter than a Ford F-150 with a longer bed. And it’s longer than a Rivian R1T with far more space overall.
Credit Acceptance Q2 net income plunges 79%
Q2 2023 Credit Acceptance Corp. earnings saw its net income fall 79 percent but car loan volume up 13 percent and dealership count grow 16 percent.