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Ford was profitable before accounting for its Rivian shares losing more than half their value during the quarter; the company's adjusted pretax earnings still fell 41 percent.
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Penske Automotive delivers most profitable quarter in company history
Used Cars
Carvana gets $1.6 billion junk bond offer from Apollo to help finance Adesa deal
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U.S. prosecutors ask judge in Bob Brockman tax case to disregard defense filing about cognitive decline
Executives
Elon Musk loses court bid to end 'Twitter sitter' deal with SEC
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Cars & Concepts
Dodge plans to reveal Hornet crossover in August
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Finance & Insurance
Upstart foresees $1.5 billion in auto loans, refinancing in 2022
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Dealers
Group 1's Q1 profit soars, revenue rises
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Cars & Concepts
Porsche introducing limited-edition 911
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Opportunities for car dealers exist in high-mileage, ‘high-line' models
Texas sues Vroom for alleged title delays, vehicle misrepresentation
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Cars & Concepts
Mercedes-Benz AMG revs up retooled C-Class sedan with new 402-hp engine
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Lincoln Star concept heralds 3 EVs due by 2025
Best Practices
Shift, job tweaks benefit staff, customers
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Fixed Ops Journal
Retailers tap targeted digital advertising to boost fixed ops
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Mobility Report
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Lucid lands contract to sell up to 100,000 EVs to Saudi Arabia
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Mobility Report
Ford-backed Cavnue seeks to rewire I-94 in Detroit area for self-driving cars
Executives
McLaren names Michael Leiters, Ferrari's former tech chief, CEO
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Manufacturing
Nissan delays Z car launch as Japan output plunges 44% in March
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Regulation & Safety
U.S. saw record number of automotive recall campaigns in 2021, but fewer vehicles affected
Manufacturing
GM Q1 earnings: Net income down 2.7% to $2.9 billion as revenue rises 11%
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Cars & Concepts
Ford CEO: New plant in Tenn. to build 'another truck' that's not F-150 Lightning
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Boston dealership sues over paperwork attack
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Opportunities for car dealers exist in high-mileage, ‘high-line' models
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