Business, Science & Industry News

BMW to invest $866 million in Mexico amid global EV push
Auto February 3, 2023 , by BizLizzy Reporter
The expansion, set to add around 1,000 new jobs in San Luis Potosi, is BMW’s latest push […]
Stellantis, Ford, GM and Mercedes-Benz dealerships trade hands in Q4
Auto February 3, 2023 , by BizLizzy Reporter
Stellantis, Ford, GM and Mercedes-Benz dealerships sold in fourth-quarter transactions across Montana, Missouri, New Jersey and Michigan. […]
Musk has a laugh in court as Tesla tweet fraud trial goes to jury
Auto February 3, 2023 , by BizLizzy Reporter
Lawyers for the opposing sides were arguing to U.S. District Judge Edward Chen, whose question about whether […]
Toyota Motor Credit settles $7.6 million repo case in Mass.
Auto February 3, 2023 , by BizLizzy Reporter
More than 500 borrowers in Massachusetts could be eligible for relief in this settlement. Toyota Motor Credit […]
Startup Spartan Radar raised $17M from 8VC, Microsoft and others
Auto February 3, 2023 , by BizLizzy Reporter
The funding will help the Los Alamitos, Calif., company deliver its flagship Ago software-based program that improves […]
Treasury modifies vehicle classifications in EV tax credit after industry pushback
Auto February 3, 2023 , by BizLizzy Reporter
The department said it will now use the consumer-facing EPA Fuel Economy Label standard to determine whether […]
Asbury spends $2.7M in Q4 pursuing 'significant' but unconsummated acquisition
Auto February 2, 2023 , by BizLizzy Reporter
Asbury’s sale of nine North Carolina dealerships in the fourth quarter also was partly agreed to in […]
Farley 'frustrated' with poor execution as Ford loses $2B in 2022
Auto February 2, 2023 , by BizLizzy Reporter
Ford CEO Jim Farley says the automaker left $2 billion in profits on the table in 2022 […]
Sony-Honda vehicles might end up with competing dealers
Auto February 2, 2023 , by BizLizzy Reporter
Sony Honda Mobility wants to challenge the status quo in automaking. That could mean its cars end […]
Parks Automotive buys 2 Stellantis dealerships with Franchise Equity Partners
Auto February 2, 2023 , by BizLizzy Reporter
Parks Automotive Group in January acquired two Stellantis dealerships in North Carolina, aided by a minority investment […]
Lear net income rallies to $118M in Q4 despite continued production issues
Auto February 2, 2023 , by BizLizzy Reporter
Lear landed an unexpected conquest late last year to supply an undisclosed automaker’s SUV platform in North […]
Asbury Automotive net income more than doubled in Q4
Auto February 2, 2023 , by BizLizzy Reporter
Asbury Automotive Group Inc.’s profit more than doubled in the fourth quarter as the Duluth, Ga., public […]

Breaking News

BMW to invest $866 million in Mexico amid global EV push

Stellantis, Ford, GM and Mercedes-Benz dealerships trade hands in Q4

Musk has a laugh in court as Tesla tweet fraud trial goes to jury

Toyota Motor Credit settles $7.6 million repo case in Mass.

Startup Spartan Radar raised $17M from 8VC, Microsoft and others

Treasury modifies vehicle classifications in EV tax credit after industry pushback

Asbury spends $2.7M in Q4 pursuing 'significant' but unconsummated acquisition

Farley 'frustrated' with poor execution as Ford loses $2B in 2022

Sony-Honda vehicles might end up with competing dealers

Parks Automotive buys 2 Stellantis dealerships with Franchise Equity Partners

Lear net income rallies to $118M in Q4 despite continued production issues

Asbury Automotive net income more than doubled in Q4

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