Month: May 2021

Ed Morse Automotive Group, already one of the nation’s largest dealership groups, just got a bit bigger as it entered a new state, adding four Detroit 3 stores. The Delray Beach, Fla., group and CEO Teddy Morse this week bought three dealerships in Missouri from Larry Lindsay and Darrell Lindsay and one from Ken Rhinehart.
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The Ferrari 812 Superfast just got a little less super with the arrival of the 812 Competizione and Competizione A (apparently the names Superfaster and Superfaster A never stood a chance). The two models are the latest evolution of Ferrari’s front-engined V-12 supercar, with the Competizione maintaining a traditional coupe body style and the Competizione
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What kind of vehicle is the 2022 Kia Sportage? What does it compare to? The Sportage is a compact crossover SUV with front- or all-wheel drive, room for up to five people, and a choice of turbo-4 or non-turbo engines. It’s a rival for vehicles like the Hyundai Tucson, Toyota RAV4 and Ford Escape. [embedded
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Uber Technologies Inc. and Lyft Inc. both turned in narrower losses than expected in the first quarter. Uber on Wednesday said its food-delivery business continued to grow, but ride-hailing bookings were flat from the previous quarter. The company said March delivered the first signs of U.S. recovery from the COVID-19 pandemic. The ride-hailing mobility business had
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Skoda has increased the size of the new Fabia small hatchback and expanded safety and comfort equipment, but it will not offer a hybrid version to keep down costs. Skoda unveiled the Fabia online on Tuesday ahead of its sales launch in Europe in September. A station wagon version will follow later. The fourth-generation Fabia
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General Motors’ defense subsidiary appointed a new president and officially opened its North Carolina manufacturing center, the company said in a statement Tuesday. The production plant, in Concord, has already begun building GM Defense’s Infantry Squad Vehicle for the U.S. Army. GM Defense was awarded the $214.3 million contract last June. The Army has an
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FRANKFURT — Japan’s Nissan Motor Co. said on Tuesday it was selling its roughly 1.5 percent stake in German carmaker Daimler AG through an accelerated transaction offer, following a similar move by alliance partner Renault in March. The French carmaker, with Nissan, had exchanged stakes with Daimler a decade ago to strengthen their industrial partnerships.
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Mainstream sedans may have have fallen by the wayside, but that’s not the case in the highly competitive luxury segment. Quite the opposite, as Mercedes recently unveiled the redesigned C-Class and Genesis pulled the wraps off the facelifted G70 not long ago. The segment has also seen plenty of fresh blood as the Cadillac CT5,
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The HR-V will become the second vehicle offered in Europe by Honda only with a full-hybrid drivetrain. The crossover will use the same drivetrain as the Jazz small-segment hatchback with two electric motors and a 1.5-liter gasoline engine that make a combined output of 129 hp, Honda said in a statement. The e:HEV powertrain has
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The Ford Crown Victoria is one of the most well-known sedans ever produced in North America but chances are, you didn’t know that Ford also produced a limited-edition variant known as the ‘Clown Vic.’ Obviously, the Crown Vic is best known for being used by police forces throughout the U.S. but images recently shared to
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The pace of auto industry change has become more exponential than linear, said Swamy Kotagiri, CEO of Magna International. And keeping up with it now requires a comprehensive product portfolio, partnerships and alliances — but also agility, Kotagiri said during an Automotive News Congress Conversations webcast last week. Kotagiri, who took the helm of the
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