Publicly-listed Lithia Motors, Inc. reported the highest 2015 fourth quarter income in the company’s history. Fourth quarter adjusted net income was $46.1 million compared to $37.5 mil... Read more

Sales of light vehicles in the U.S. in February should hit a 15-year high of 1.34 million units of which 58 percent will be light trucks and representing a SAAR of 17.5 million, says Wards A... Read more

A class-action suit against Volkswagen AG alleging widespread fraud in the automaker’s use of software to alter diesel emissions data has been filed in California, the first of what is... Read more

A Ferrari-Maserati dealership will be part of a mixed-use development near Orlando, Fla, including a three-story 55.,000 sq. ft. dealership facility, reports the Orlando Business Journal her... Read more

At a recent Cadillac dealers meeting in California, brand chief Johan de Nysschen pitched a virtual showroom concept for dealerships that sell other brands and not many Caddys, as well as in... Read more

Sergio Marchionne’s streamlining of FCA’s product line has made the automaker a potential powerhouse and attractive acquisition target for the right buyer but not all other autom... Read more