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Sonic Automotive enters New York, adds 6th Chevy dealership

Sonic Automotive purchased its first franchised dealership in New York state. The retailer also exited a Mini franchise in California late last year.

Tavares says 'electrification is a technology chosen by politicians, not by industry'

In an interview, Stellantis CEO Carlos Tavares also nuanced his promise not to shut down plants in Europe.

GM wins tax break from Detroit suburb for $1.3 billion plant expansion for EVs, batteries

If GM decides to move forward with a new capital investment at the 39-year-old assembly plant, the automaker would get a 50 percent reduction in property taxes over 12 years on the new facility.

Ford expects $8.2 billion Q4 gain from Rivian investment

The Rivian gain was one of a number of special items Ford plans to report when it releases earnings next month.

Ford, ADT investing $105M over 3 years to form joint venture for vehicle security systems

The joint venture, called Canopy, will offer both aftermarket accessory as well as in-vehicle security systems, using cameras and motion sensors to stop would-be thieves.

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