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.
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.
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 ...
AJ Stuyvenberg and Mak Parshall built custom AI agents to find and buy vehicles using Reddit, Visor.vin and ChatGPT. They represent a new type of customer dealerships with whom dealers are learning ...
Nvidia's Jensen Huang believes in the company's automotive business, even as revenue is a fraction of the big picture. The Federal Reserve kept its benchmark interest rate target at 3.5 percent to ...
Research suggests the way Ford plans to build an upcoming electric pickup could make it cheaper to repair than vehicles built ...
A Massachusetts software developer used an open-source AI agent to negotiate his Hyundai Palisade purchase — bypassing traditional listing sites and dealerships ...
Ferrari joins Bentley is pausing Middle East shipments, highlighting how geopolitical risks are starting to affect logistics for luxury automakers.
The German workers will receive a one-off bonus of €1,250 in May in recognition of their work last year, the automaker said.
Newly appointed CEO Samuel Cochrane said internal issues and a tougher sales environment hampered performance in the fourth ...