The announced combination of Goodyear and Cooper Tire, the largest and fifth-largest tire manufacturers in North America, is set to not only increase competition with...
Lucid Motors, the luxury electric vehicle maker, is close to a deal for an initial public offering (IPO) at a $12 billion valuation after a...
AutoNation, Inc. reported as part of its financial results that same-store revenue climbed 5 percent from Q4 2019 to Q4 2020, according to a Tuesday...
In this week’s news, BMW, Magna or others might team with Apple on self-driving cars, while product drops and exclusive sales bolster retailers’ bottom lines. Plus,...
The newly installed CEO of CarGurus said Thursday (Feb. 11) the online automotive marketplace left 2020 with good momentum, citing increased subscription and average revenue...
Subscriptions in the world of cars has had some trouble getting into gear. In 2018, both Audi and BMW announced subscription programs that would allow...
Plus, formerly known as Plus.ai, which works in automated trucking, is done with a $200 million funding round, according to a press release. The round...
Electric vehicle startup Rivian Automotive, which counts Amazon and Ford Motor Company among its investors, is eyeing the possibility of a September initial public offering...
Bonds backed by auto loans are seeing an unprecedented rise in prices, the Financial Times (FT) reports. The riskier triple-B groups are now trading with...