Jason Cole, govt vice president of Cole Automotive Team, which includes a Ford keep in Ashland, Ky., said the automaker should really “go back again to the drawing board” on the method. He is notably anxious with the income margin framework on foreseeable future EVs. Cole said Ford has indicated […]

Dealership technologies business Automobiles.com Inc. swung to a net loss in the 3rd quarter, citing increased valuations of earnout payments for its acquisitions of automotive economical engineering business CreditIQ and Accu-Trade, a service provider of motor vehicle appraisal and valuation data and logistics technology. Cars and trucks.com, of Chicago, explained […]

TOKYO – Toyota Motor Corp., slammed by increased fees, microchip shortages and slumping earnings, strategies to maximize sticker price ranges for U.S. consumers to enable soften the earnings blow. Executives warned of the looming adjustments expressing they are wanted to offset surging input prices that drove the Japanese juggernaut’s North […]