
Penske profits from lease returns surge
Penske Automotive Group profits from surge in lease returns driven by popularity of leasing and rising vehicles coming off lease.




























Penske Automotive Group profits from surge in lease returns driven by popularity of leasing and rising vehicles coming off lease.

Heated seats top the list of most-wanted vehicle features in a new AutoPacific survey revealing what drivers truly prioritize in new cars.

EV discounts unsustainable warns trade group as industry hemorrhages billions to meet zero-tailpipe-emission demands for electric vehicles.

Group 1 Automotive unveils a bold rebranding strategy to unify its U.S. dealerships under one name for stronger market dominance.

Mercedes-Benz merges gas and EV models in new GLA lineup. Learn how the German automaker unifies powertrains and retires the EQ sub-brand for a single model app

Ford unveils Fathom electric pickup with a starting price under $30,000, targeting affordable electric truck market with new model.

Unifor pushes automakers to prioritize long-term Canadian operations in contract talks with GM and Stellantis for stable investments.

Volvo sales slipped 4% YoY this summer as China demand fell, but a U.S. rebound helped soften the impact, keeping the brand in the news.

Nissan Q1 earnings rebound with $1.6B revenue increase as the automaker returns to profitability after a prior net loss. Read more.

Electric pickup trucks are set to close the affordability gap as Slate Auto introduces a $25,000 stripped‑down model, offering a budget-friendly alternative ami