Lithia Motors Inc. has entered Georgia with the acquisition of a Honda store and separately bought a Chrysler-Dodge-Jeep-Ram-Fiat dealership in Southern California. Both transactions closed on Monday. Combined, the two acquisitions will add an expected $320 million to Lithia’s annual revenue. Lithia bought Curry Honda in Chamblee, Ga., northeast of Atlanta, from Bernie Curry. Lithia
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In this article DAI-DE BMW-DE VOW3-DE 9868-HK NIO The electric vehicle sector is seeing its “most exciting moment” now — and consolidation in the sector cannot be avoided, says Bain & Company’s Helen Liu. “I would say that consolidation is an inevitable trend in this industry,” Liu, partner at the consultancy firm, told CNBC’s “Capital
Laurens van den Acker took over as head of Renault Group design in 2009 and presided over a successful revamping of the Renault brand’s lineup. Now, under new CEO Luca de Meo, he is stepping into a less hands-on role at the automaker as executive vice president, group design. Van den Acker spoke with Automotive
Here’s an example of dealership marketing based on first-party customer data — the data the dealership keeps about its own customers. A Ford shopper bought an F-150 pickup from Dealership A and is now searching for lease deals on a new truck. But Dealership A’s advertising provider doesn’t have visibility into the store’s sales history,
What kind of car is the 2022 Subaru BRZ? What does it compare to? A small two-door sports coupe that’s low on power but high on fun, the Subaru BRZ competes against the Toyota 86, Mazda MX-5 Miata, and Hyundai Veloster N, as well as larger American iron like the Chevrolet Camaro and Ford Mustang.
Sir Lewis Hamilton didn’t have much time between emerging from under Max Verstappen’s Red Bull in Monza last Sunday to traveling to New York for the annual Met Gala on Monday. But at the fashion event, he made an impression by buying an entire table to celebrate up-and-coming Black designers. Per The New York Times,
DETROIT — Right after its official debut during Sunday night’s nationally televised NFL game, the redesigned 2022 Toyota Tundra will make its first auto show appearance next week here. The full-size pickup will be shown at Motor Bella, an outdoor event set for Sept. 21-26 at the M1 Concourse in Pontiac, a suburb about a
The Environmental Protection Agency (EPA) has confirmed the estimated mile range of two AWD versions of Volkswagen’s all-electric ID.4 SUV. The dual-motor trims of the ID.4 Pro and Pro S were announced over the summer, but we are just now seeing the EPA estimated range of each to compare the previous rear-wheel-drive versions. Volkswagen’s ID
In this article TSLA The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Alexandria Sage | Reuters As part of its investigation into Tesla Autopilot safety issues, the National Highway Traffic Safety Administration on Monday requested data from 12 other big automakers about their
Porsche and Siemens Energy have broken ground on a synthetic fuel pilot plant called Haru Oni, the automaker announced Tuesday in a press release. Located in Punta Arenas, Chile, the plant will produce fuel that is nearly carbon neutral and can be used with existing internal-combustion engines, Porsche claims. Fuel will be produced using electrolysis
Chevrolet’s newest premium off road truck, the Chevrolet Silverado ZR2, is all new for 2022. How does it stack up against this increasingly competitive segment? Check out our first look impressions right here. ➡️ https://bit.ly/3jWe9hL #Chevrolet #Silverado #MotorTrend MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. Get
LONDON — Aston Martin have started work on a new Formula One factory and wind tunnel that team owner Lawrence Stroll said underpins his commitment to the sport and aim of fighting for world championships in the next three to five years. The Canadian billionaire told reporters the factory and ‘campus’ at Silverstone, central England,
BMW showed a concept car made almost entirely from recyclable materials at the Munich auto show last week. The i Vision Circular concept previews “a sustainable car of the future,” CEO Oliver Zipse said. But the future, in this case, is still a long way off — around 2040, BMW said. The concept’s design is
A bizarre Chrysler PT Cruiser was recently snapped in a British parking lot and, as you can see, manages to look even worse than the stock car, which wasn’t a beauty to begin with. These photos were posted to Reddit and show a PT Cruiser adorned with a raft of modifications inspired by Chucky, the
Toyota Motor Corp. and Tesla Inc. clashed with Ford Motor Co. and the UAW over a proposal by Democrats in the U.S. House to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. Toyota on Monday said the plan includes “exorbitant” tax breaks for the wealthy. Toyota is one of several non-unionized automakers complaining
Right to repair is so important for cases like this. Aside from range, the lack of charging infrastructure in many areas, and the high upfront cost, many people are concerned about buying an EV due to battery degradation or battery-related issues. Folks know that batteries can have problems and will eventually degrade, and they also know
In this article BABA A Deeproute.ai robotaxi on display. Deeproute.ai GUANGZHOU, China — Alibaba has led investments worth more than $300 million into Chinese autonomous driving start-up DeepRoute.ai. The Shenzhen-based start-up makes the self-driving systems for vehicles that involve hardware and software. DeepRoute.ai runs a fleet of autonomous taxis with some operated by its partners
Qualcomm has made a formal bid to buy automotive technology company Veoneer for more than $4 billion, beating a previous offer from Magna International, according to people familiar with the matter. The U.S. semiconductor company has formalized its offer of $37 a share, the people said, asking not to be identified discussing confidential information. Qualcomm