The move came as limited online visibility contributed to slower used-vehicle sales and sharply lower profitability at the dealership group in the second half of 2025.
The supplier is also pressing ahead with a restructuring plan that includes as many as 14,000 job cuts in Germany by the end of 2028.
An Ineos executive called the move another step forward for the brand in North America.
Ferrari joins Bentley is pausing Middle East shipments, highlighting how geopolitical risks are starting to affect logistics for luxury automakers.
Research suggests the way Ford plans to build an upcoming electric pickup could make it cheaper to repair than vehicles built ...
Newly appointed CEO Samuel Cochrane said internal issues and a tougher sales environment hampered performance in the fourth ...
The German workers will receive a one-off bonus of €1,250 in May in recognition of their work last year, the automaker said.
U.S. and Canadian safety and emissions standards are aligned, which means Chinese automakers that sell in Canada will have a ...
EV fizzled, Chrysler has new leadership and the brand is back in a familiar place as questions abound once again about its identity and product timeline.
More than 141,000 people who bought a new Subaru over the past year took the automaker up on an offer to return to the dealership after a few weeks to get a free gift and answers to any lingering ...
CarEdge and Car Genius AI are piloting technology that lets dealerships connect directly with buyers, potentially saving the tens of thousands of dollars they spend annually on third-party listing ...
U.S. and Canadian safety and emissions standards are aligned, which means Chinese automakers that sell in Canada will have a regulatory advantage if they expand to the U.S. But tariffs and ...