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Group 1 Automotive Inc. has expanded its U.S. luxury portfolio with the purchase of Mercedes-Benz of Anaheim in California. The store appears to have been owned by Caliber Motors, according to California dealership license records, and was founded in 1984, according to the store’s website. A Group 1 spokeswoman confirmed the transaction happened Thursday. The […]

Two growing dealership groups along with a budding joint venture were among buyers in third-quarter and fourth-quarter transactions. Here’s a look at the deals involving domestic, import and luxury dealerships and stores in Illinois and New York. One deal involved an auto retailer ranked on Automotive News‘ top 150 Dealership Groups list. Dealership owners Jose

The 2022 Automotive News Leading Women conference tackled issues such as diversity and work cultures, leading multigenerational teams and leadership lessons.  Keynote speakers were racing pioneer Lyn St. James and Lisa Bodell, CEO of FutureThink. Automotive News Vice President of Editorial Operations Chrissy Taylor moderates the panel discussion on diversity, equity and inclusion with Lia Theodosiou-Pisanelli,

Tesla Inc. will conduct an over-the-air software update on more than 435,000 electric vehicles made at its factory in China due to a rear-lighting defect. China’s State Administration for Market Regulation said 142,277 Model 3 sedans and 292,855 Model Y crossovers could be affected by the issue, which in extreme cases raises the risk of

Honda Motor Co. will build a fuel cell electric version of its sixth generation CR-V compact crossover starting in 2024. In addition to using fuel cell technology, which promises quick refueling and generous range, the vehicle will feature a plug that will enable drivers to charge the onboard battery for electricity-powered trips around town. The

Solid Power Inc., the solid-state battery startup that went public in a reverse merger last year, said its chief executive officer Doug Campbell is stepping down. Solid Power‘s board appointed company president David Jansen to serve as interim CEO while it searches for a permanent replacement, the Louisville, Colorado-based company said in a statement Tuesday.

Lordstown Motors Corp. made first deliveries on its initial batch of 500 electric pickups for commercial fleet customers. The Lordstown, Ohio, EV startup on Tuesday said it began to move its Endurance pickup after receiving homologation certification from the U.S. government. The Department of Transportation must provide certification a vehicle meets U.S. codes before a

TOKYO – Hyundai Motor Group, just months after announcing it will build a dedicated electric vehicle plant and battery manufacturing factory in Georgia, said it has agreed with South Korean battery maker SK On Co. to supply power packs to its U.S.-built EVs. The deal, announced Tuesday, will “secure supply of EV batteries in North

Kathy Winter, a senior executive who previously worked in the autonomous vehicle technology divisions of Intel, Motorola and Delphi, will become the new COO at May Mobility. The Ann Arbor, Mich.-based developer of autonomous ride-hail vehicles and shuttles said Winter will focus on putting May Mobility’s plans for self-driving shuttles and ride-hailing vehicles into action.

Tesla Inc. is making its controversial driver-assistance system available to customers previously deemed not safe enough behind the wheel to test it out. CEO Elon Musk tweeted that the system Tesla calls Full Self-Driving Beta is now available to anyone in North America who has bought the option and requests it from their car screen.