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The company's net income was roughly equal to its total profit in the previous 12 months. Continue reading...

LMP's latest planned acquisitions are for Cadillac and Nissan dealerships in Houston, a Kia store in Connecticut and a...

Zeigler Auto Group closed on the acquisition of four dealerships in Wisconsin from Home Run Auto Group, including its first Toyota and...

Omar Vargas has worked for 3M Company, PepsiCo and the U.S. Department of Justice. Continue reading...

Lucid's debut comes after it completed a reverse-merger with SPAC firm Churchill Capital Corp. IV. Continue reading...

The agreement comes a month after Lordstown warned it may not be able to continue as a "going concern." Continue reading...

Tata Motors reported a loss of 44.5 billion rupees ($598 million) in the three months ended June 30 as sales at the luxury UK unit were...

Sheeran, who joined Canoo's board in December, is the executive chairman of the McCain Institute. Continue reading...

Zeigler Auto Group expects to close on the acquisition of four dealerships in Wisconsin from Home Run Auto Group, including its first...

Polestar says it's on track to double its global retail locations to 100 this year and the Volvo subsidiary believes having 200...

CEO Elon Musk faces pressure to deliver on breakthrough batteries and new factories and models, which are late. The automaker reports...

A diverse group of pioneers were celebrated in Detroit for their lasting impact on the industry. Continue reading...

Lithia Motors could surpass auto giant AutoNation in annual revenue next year, as Lithia continues to buy dealerships at a feverish...

The automaker aims to go from selling almost no plug-ins today to 40 percent of its U.S. sales being electrified by 2030. Continue...

Battery-powered vehicles are set to start arriving at dealerships, though many gasoline-powered alternatives will remain. Continue...