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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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
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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,
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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.
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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
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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
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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,
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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
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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
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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
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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
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