Carvana posts first profit as public company; inventory remains tight
Online used-vehicle retailer Carvana reported its first quarterly profit since going public in Apri ...View More
Supplier Tenneco narrows Q2 net loss
Automotive supplier Tenneco Inc. on Thursday posted a net loss of $10 million in the quarter ended J ...View More
New Ford vehicles destroyed in Missouri train derailment
Dozens of new Ford trucks and vans were destroyed in a train derailment in northeastern Missouri Mon ...View More
What to expect from Stellantis in 2021
The world's newest automotive group, Stellantis, will start life with a war chest of $21.2 billion ...View More
3-row Grand Cherokee priced to fight any rival
The Jeep Grand Cherokee L will be a newcomer to the three-row utility segment when it arrives at de ...View More
Increased variety of EVs boosts industry's recovery
Although U.S. sales declined for most automakers because of weather and parts disruptions, a growin ...View More
Online used-vehicle startup Gettacar raises $25M
Online used-vehicle startup Gettacar has landed $25 million in new funding and plans to focus on dev ...View More
Stellantis cuts 150 jobs at Jeep Cherokee plant in Illinois
Stellantis is cutting 150 employees from the work force at its assembly plant in Belvidere, Ill., wh ...View More
Granholm confirmed to lead U.S. Energy Department
WASHINGTON -- Jennifer Granholm was confirmed as Secretary of Energy, putting the former Michigan go ...View More
U.S. Postal Service names Oshkosh Defense for lucrative fleet contract
WASHINGTON -- The U.S. Postal Service said on Tuesday it will award a multibillion-dollar, 10-year c ...View More
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