Victory Automotive Group sells Honda dealerships in New York, Alabama

Victory Automotive Group sells Honda dealerships in New York, Alabama

Victory Automotive Team, just one of the largest privately owned dealership teams in the U.S., offered two Honda dealerships in independent transactions past thirty day period and seems to have exited two states. Victory Automotive, of Canton, Mich., on Could 25 sold Victory Honda of Ontario in Canandaigua, N.Y., to West Herr Automotive Group, an

The UK’s EV push faces battery challenge

The UK’s EV push faces battery challenge

At Britishvolt’s development site in Blyth, government chairman Peter Rolton rattles off the location’s pros. Previously a coal heap for a power station, it had a lot of minimal-cost land, with a suitable grid relationship and a seaport subsequent door for products. An undersea Norwegian hydroelectric electricity line emerges from the ground across the street.

Tesla watchers worry that Elon Musk is too distracted

Tesla watchers worry that Elon Musk is too distracted

To be confident, other automotive shares, this sort of as Ford Motor Co., have fallen a similar amount as Tesla year to day. But Tesla’s slide comes as analysts forecast potent car or truck income expansion and earnings this 12 months, though legacy automakers have struggled with slipping manufacturing on elements shortages. Tesla’s report stock

Global automakers losing ground on booming EV battlefield

Global automakers losing ground on booming EV battlefield

BEIJING — If international automakers think they can lengthen their dominance in China into the electrical era, they may well be in for a shock. Kings of the combustion age this sort of as Common Motors and Volkswagen Team are slipping driving community players in the booming electric powered car or truck current market in China,

Illinois Kia dealership sued over adverse action notice

Illinois Kia dealership sued over adverse action notice

A tricky credit pull is a regular, formal inquiry that normally influences a consumer’s credit history score. A gentle credit history pull is considerably less official, will not influence credit rating rankings and can be employed to give customers a perception of what degree of funding they can count on and what car they are

GM DE&I chief Telva McGruder: Auto industry must commit to ‘continuous improvement’

GM DE&I chief Telva McGruder: Auto industry must commit to ‘continuous improvement’

DETROIT — Speaking to a collecting of automotive business specialists at a meeting on diversity, equity and inclusion, Common Motors‘ best DE&I government encouraged the viewers to produce “self sustaining” place of work environments that foster such initiatives. “It means that we’ve designed an natural environment that will maintain by itself, and what we intention

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