Dealership technologies enterprise Autos.com reported it plans to get automotive fiscal engineering business CreditIQ in a $30 million offer. Chicago-centered Automobiles.com mentioned Thursday it expects to entire the transaction this thirty day period. The acquisition will be funded with funds on hand, the business reported, and contains the possibility for […]
Automotive News
MILAN — Ferrari will start a next Icona retro-fashion restricted-operate design this thirty day period, CEO Benedetto Vigna stated this 7 days during the firm’s third-quarter results phone with investors. Vigna did not say what the new car would be known as, and Ferrari did not launch any photographs of it. […]
Ford Motor Co.’s U.S. product sales fell 4 per cent in Oct, marking the automaker’s fifth straight month-to-month decline, though deliveries at Toyota Motor Corp., Honda Motor Co., Hyundai and Kia fell for the 3rd consecutive month as tight chip materials and other bottlenecks continue to undermine light-weight-automobile output and […]
DETROIT — Stellantis North The united states is offering buyouts to pension-suitable salaried U.S. workforce, a go the automaker suggests will aid align its enterprise priorities although transitioning to a lineup of electrified cars. To be suitable, personnel need to be at minimum 55 several years aged and have been […]
The Safeguards Rule took result in 2003 less than the federal Gramm-Leach-Bliley Act, which classifies dealers as financial establishments due to the fact they give financing agreements. Revisions to the rule were approved on a 3-2 vote final thirty day period, with Commissioner Rohit Chopra voting in their favor before […]
Levenson, who manages half a dozen EVs on the motor vehicle-sharing application Turo, claimed Hertz is building a larger guess on the electric market place than several of the far more timid players in the business. Levenson’s rentals are a mix of Tesla Design 3s and Model Ys, additionally a […]