Column: Hey, investors: Moore's Law might not work in automotive
Outside investors and entities have spent nearly half a trillion dollars chasing automotive innovations. Did they blow their money because of a bad assumption?
Carvana laying off more workers amid weak used car sales
Carvana will lay off more workers and take other measures such as reduced work hours as the used-car retailer contends with weak sales, reported on Friday.
Biden administration backs Nevada lithium mine with $700 million loan offer
The DOE issued a conditional commitment for up to $700 million for Ioneer’s Rhyolite Ridge Lithium-Boron Project, a prospective supplier to Ford Motor Co. and Toyota Motor Corp.
Used-vehicle volume hits lowest mark in nearly a decade
The number of used cars and trucks sold in the U.S. decreased nearly 11 percent to an estimated 36.2 million vehicles in 2022, Cox said.
West Herr Automotive Group buys 4 New York dealerships
West Herr Automotive’s acquisition of four dealerships near Buffalo includes Audi, Volkswagen and Mini as first-time brands for the group.