Henio Arcangeli Jr., a newcomer to the auto industry when he joined American Honda in 2017, is leaving the company at the end of the month to spend more time with family.
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Officials in Nanterre have been looking into a party Carlos Ghosn threw for his wife at the Versailles palace, among other financial dealings. A judge has been assigned to the case to launch a formal investigation, Reuters reported.
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CEO Jim Hallett said he expects TradeRev, the company's mobile app-based vehicle trading platform, to break even sometime in 2021.
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U.S. prosecutors say Michael Grimes, who worked as an assistant in the UAW’s General Motors department, conspired with two unidentified senior union officials on multiple schemes going back to at least 2006.
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Nissan procures more than 800 parts from factories in the outbreak epicenter of Hubei to make cars worldwide and is concerned that most of those components will run out if plants in the province stay idled beyond Feb. 21.
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The supplier said in an SEC filing that it anticipates "a significant number" of production delays through February with some plants resuming operations in mid-to-late February, working to achieve full production through March.
Continue Reading the above article 'Coronavirus impacts Aptiv revenue by $150-$200 mil...
The two stores being acquired by Lithia are the only Lexus dealerships in the Sacramento metro area, and both are Elite of Lexus award winners.
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Sonic Automotive's revenue jumped 6.8 percent to $2.75 billion, as each part of the business posted gains except for wholesale vehicles.
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A government official said GM will provide severance pay and an additional bonus to employees at the manufacturing site being sold to China's Great Wall.
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The membership, which costs from $699 to $899 per month, includes unlimited vehicle swaps — as often as a vehicle a day.
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