Penske Automotive Group Inc. is pausing on its goal to have its standalone used-vehicle CarShop locations sell 150,000 vehicles annually by the end of 2023, as it deals with higher costs of sales and vehicle acquisition woes. Penske announced in February 2021 that it planned to expand its CarShop locations in the U.S. and U.K. […]
Penske backs off sales goal for CarShop used-vehicle stores Read More »
A brisk transition to zero-emission vehicles is underway, but it’s still unclear whether the global transportation sector’s makeover is enough to stave off the worst consequences of climate change. Cars and trucks account for three-quarters of all transportation-related greenhouse gas emissions, including planes, trains and ships, according to McKinsey & Co., and automakers and commercial
Study warns of tight schedule to switch to EVs Read More »
LOS ANGELES — A subsidiary of oil and gas giant Shell will soon support charging for Penske Truck Leasing‘s light-duty electric vehicles. Shell Recharge Solutions will provide Level 2 charging stations to support Penske’s electric truck fleet in five states by the end of the year, the companies said last week at the Advanced Clean
ACT Expo: Shell-Penske truck EV charging deal, battery price surge cools ‘a little bit’ Read More »
There is an old adage in the automotive world that goes when in doubt, flat out. An Infiniti driver whose attempt at drifting was recently posted online is a pretty good example of why that’s not always the case. It seems like the video starts in media res after the car has already started hitting
World’s Worst Drift Proves Why Closed Courses Are A Good Thing Read More »
A destroyed Jeep Wrangler Rubicon has been snapped on the side of a road in New South Wales, Australia in what makes for a very bizarre scene. The story behind this Wrangler remains a mystery but it has clearly suffered such extensive damage that it will probably never be driven again. For starters, both of
What On Earth Happened To This Jeep Wrangler Rubicon? Read More »
We spotted the 2023 Dodge Hornet undergoing testing in what appeared to be production-ready form. The small crossover SUV will be a reskinned plug-in hybrid Alfa Romeo Tonale when it’s revealed this summer. Teaser for modern Scout electric SUV and pickup VW announced it will revive the Scout name as an EV sub-brand with an
Mercedes-Benz of Sugar Land is building customer loyalty and making roads safer at the same time. Since 2014, the Texas dealership has sent more than 260 teenagers through a driving safety school that uses an array of Mercedes vehicles to teach various maneuvers. The initiative started as a perk for dealership clients’ children as part
Mercedes-Benz dealership opens driving school for teens to build loyalty Read More »
EcoMotion highlights GM tie-up, battery tech TEL AVIV, Israel — When General Motors opened its Israeli R&D center in 2008, it was a lonely outpost on the automotive landscape. Today, more than 30 automakers and major suppliers have permanent offices and major tech centers in the country, and they are just a part of the
Israel’s EcoMotion highlights GM, Red Hat tie-up Read More »
Volkswagen dealers were left angry, shocked and suspicious by surprise news last week that the brand’s German parent plans to build a new company in the U.S. to sell an electric pickup and SUV under the Scout name, not least because Volkswagen AG was silent on how it intends to retail the vehicles. The lack
Caught off guard, VW dealers want answers on Scout Read More »
Honda Motor Co. on Friday reported a larger-than-expected operating profit for its fiscal year that ended March 31 but forecast a 7 percent drop in annual earnings for the current year amid higher raw material costs and the ongoing chip shortage. The automaker recorded a full-year profit of 871 billion yen ($6.7 billion), topping its
Honda posts higher-than-expected annual profit but warns of headwinds Read More »
