AutoCanada has rebranded its nine U.S. locations as the Leader Automotive Group under a turnaround plan that includes selling underperforming stores, Canada’s lone publicly traded dealership group said Thursday. AutoCanada, which in April 2018 acquired nine stores from the Grossinger Auto Group, said in a news release detailing second-quarter earnings that it also plans to
You ready for the truth? Very few crossovers start under $20,000. But wait! Before you go, let us show you highlights from new crossovers you can get for around $20,000 (including destination, before incentives). Plus, we’ll reveal a few surprises—cars that deliver part of the subcompact SUV experience you crave for an equally affordable price.
Fiat Chrysler Automobiles CEO Mike Manley said the automaker will not have to pay fines for failing to comply with tougher European CO2 regulations in 2019 and 2020. FCA will be compliant because of a regulatory credit deal with Tesla, the forthcoming debuts of plug-in hybrid versions of the Jeep Compass, Renegade and Wrangler, as
It’s tough living in the shadows, but Ford has done its best to ensure the new-for-2018 Expedition gets its chance at the spotlight. Our 2018 Ford Expedition XLT 4×4, like all new Expeditions, is built with lessons learned developing the best-selling, Truck of the Year-winning Ford F-150. Its sleek new sheetmetal is made of aluminum,
Uber Technologies Inc. reported a $5.2 billion loss for the second quarter on Thursday as growth in its core ride-hailing business slowed, sending its shares down in after-hours trading. The latest red ink, up from a loss of $878 million a year earlier, reflected $3.9 billion of stock-based compensation expenses related to its IPO earlier
Kia has announced pricing for its unlikely new sport compact, and we’re impressed. The 2020 Kia Forte GT starts at $23,215. This price will get you a seven-speed dual-clutch transmission paired to a 1.6-liter turbo-four making 201 hp and 195 lb-ft of torque. Interestingly, if you want a six-speed manual, you’ll pay $600 more. At
India vehicle manufacturing giant Mahindra & Mahindra Ltd. said it plans to revitalize the former General Motors Buick City complex in Flint, Mich., in a deal that could lead to 2,000 jobs if it wins a major U.S. government contract. Mahindra North America Inc. signed a letter of intent with RACER Trust to build a
After more than a year with the CR-V LX, its versatility really stands out. With a cavernous cargo area and second-row seats that fold flat from either the back or the second row, it’s easy to fit in large objects. I often hauled my 8-foot surfboard, and it was painless to load into the cabin.
Lyft Inc.on Wednesday reported a 72 percent jump in revenue in the second quarter, allowing the ride-hailing company to lift its forecasts as more riders used the service and price competition with rival Uber eased. The increase in second-quarter revenue, to $867.3 million, was fueled by more active riders, who spent about a quarter more than
If you’re at fault in an accident, there’s a good chance your insurance rates are going up. But just how much more money can you expect to shell out? A new study by Insurance.com ranks the best and worst states for car accident claims, based on the average rates drivers pay following an at-fault accident. Michigan
President Donald Trump’s plan to freeze U.S. vehicle efficiency standards would hike costs for motorists without doing anything to boost highway safety, according to an analysis by Consumer Reports that undermines the administration’s chief talking points in favor of the move. The analysis comes as the White House reviews a final drafted plan for easing
Turns out limited-production hypercars aren’t necessarily great moneymakers, even when they cost more than $2 million. Automobili Pininfarina shocked audiences at the 2019 Geneva Motor Show with the Battista, an all-electric hyper-GT with nearly 1,900 hp and 1,700 lb-ft of torque. The car’s incredible design and projected performance figures may justify its price tag, but
The electric truckmaker in talks to buy General Motors’ idled factory in Lordstown, Ohio, that President Donald Trump has championed reported a dismal quarter of results as vehicle shipments ground to a halt. Workhorse Group Inc. had just $6,000 in sales during the three months ended in June, down from about $171,000 a year earlier. The Cincinnati-based company
Ford likes to tease information about the hot new 2020 Shelby GT500 one tiny piece at a time. And before we get ourselves behind the wheel, here are eight cool facts we recently learned about the Mustang: 850 Gross Horsepower View 44 Photos According to Pat Morgan, powertrain manager at Ford Performance, in order to
Automobili Pininfarina is looking to follow up its Battisa full-electric hypercar with a range of vehicles that could include a sedan and an SUV, CEO Michael Perschke said. The new Munich-based brand with Italian roots is currently in talks with partners to create a platform that would underpin the cars, which would cost between $220,000
Because the CT6 is a larger, all-wheel-drive machine, the CT6-V drives like a different beast than the rear-drive CTS-V. On the road, the driving character of the Blackwing Caddy is less ostentatious and less shouty, more retired Super Bowl-winning lineman who can still squat 500 pounds and lift a woman from her overturned car with
A recent compromise between four major automakers and California’s clean-air regulator on fuel efficiency had already been rejected by the Trump administration months earlier as not “a productive alternative. The deal — which Ford Motor Co., Honda Motor Co., BMW AG and Volkswagen Group announced on July 25 alongside the California Air Resources Board —
We’ve examined the 2020 Chevrolet Corvette‘s design compared to its C7 predecessor, and to its exotic mid-engine rivals. Now, we’re taking a closer look at how the Stingray differs from the only vehicle to ever truly challenge its title as the everyday sports car: the Porsche 911. So, what should an everyday sports car look
DETROIT — Former UAW Vice President Norwood Jewell is scheduled to be sentenced today for his role in a multimillion-dollar corruption scandal that tarnished the union and Fiat Chrysler Automobiles. Jewell, the highest-ranking union official charged in the sweeping probe to date, was charged in March with one count of conspiracy to violate the Labor
The C8 Corvette’s LT2 V-8 is sure to make some delightful music on its own, but Chevrolet has once again partnered with Bose to make the ‘Vette’s audio system equally compelling. While a 10-speaker surround-sound system will be standard equipment in the Stingray, an optional upgraded 14-speaker setup will be the most powerful Bose has
Editor’s note: This story will be part of a special section focusing on 15 emerging materials that are solving auto industry needs, to be published in the Aug. 5 issue of Automotive News. Hitting an unlined pickup bed with an aluminum bat typically would result in significant dents and a lofty repair bill. But not
The NTT IndyCar Series is the latest top-flight racing organization to embrace hybrid powertrain technology. The electric power boost is set to debut for the 2022 season in its Dallara-supplied race cars, which are presently powered by either Honda or Chevrolet. Following on the heels of hybrid or electric powertrains now running in Formula 1,
HANDLER, Ariz. — At a time when the idea of self-driving vehicles has barely left the pages of science fiction in the minds of many consumers, Damian Nichols has already made them a fixture in his everyday life. Nichols, a married father of three, lives in the Phoenix suburbs, where he works in information technology
The Mini John Cooper Works Clubman gets a new 301-hp engine for 2020—and a boost in price, too. After driving the updated JCW Clubman on the outskirts of Frankfurt we found the car was eager to take twisty roads and happy to drive at high speeds in the autobahn. But at $40,000, the JCW Clubman
Editor’s note: This story will be part of a special section focusing on 15 emerging materials that are solving auto industry needs, to be published in the Aug. 5 issue of Automotive News. Ford Motor Co. revolutionized the use of aluminum for its 2015 F-150 pickup. Now it’s innovating with steel. To form the roof
In the market for a performance car? One that gives you the most pony per dollar? Well, you’re in luck because Dodge has announced its Power Dollars program. What does that mean? For every horsepower you get $10 off on three vehicles: the Challenger, Charger, and Durango. The best part is the lack of limitations.
Renault and Nissan Motor Co. have held talks that would see Renault reduce its stake in the Japanese carmaker and help the French company restart merger discussions with Fiat Chrysler Automobiles, The Wall Street Journal reported. The sides are weighing plans under which Renault would cut its 43.4 percent holding in Nissan, a move meant
Toyota‘s off-road 4Runner is a decade old now, but its reliability, rugged competence, and throwback charm keep it a popular option. For 2020, the brand is updating the SUV. Good news: More features come standard. Bad news: You have to pay for them, and not just a little bit. What’s new across the lineup? An
American Axle & Manufacturing Holdings Inc. on Friday reported a 65 percent drop in second-quarter net income due to softer-than-expected sales, prompting the supplier to lowered its full-year outlook. The supplier of driveline and drivetrain systems reported second-quarter net income of $52.5 million, or $0.45 per share, on revenue of $1.7 billion, compared with net income
Jump inside the 2019 Altima and you’ll find a spacious cabin that accommodates four passengers comfortably (plus a fifth passenger in a pinch). Despite the low-slung roofline, the 2019 Altima has excellent visibility to keep you from feeling claustrophobic and there’s abundant head- and legroom for all but the tallest adults. Got gear to haul?