McLaren 750S to supplant 720S flagship with more horsepower

The 750S will be available in coupe and convertible variants at launch, a rarity for McLaren, which typically launches convertibles two years later. There is no LT (long tail) variant.…

Germany, UK and the Nordic countries dominated EV sales in 2022

Sales increased sharply in most of the smaller Eastern European markets, although generally from a very low base. Two Tesla models lead the list of Europe’s best-selling all-electric vehicles in…

Volvo readies EV blitz in biggest product revamp under Geely

Volvo Cars has launched an electric blitz to convert all its flagship models (three SUVs and two sedans) into battery electric vehicles and introduce a luxury electric van aimed at…

Porsche dealers’ car supply will remain tight

Porsche dealers attended the brand’s make-up meeting at the NADA show with one thing in mind. Product supply, or shortage thereof. Most of the questions from retailers center around the…

BMW hikes prices for some models on higher costs

SHANGHAI — BMW has raised the suggested retail prices of some models sold in China due to soaring global raw material and logistics costs. The automaker immediately raised the manufacturer’s…

Daimler Truck unveils advanced Freightliner SuperTruck II

LAS VEGAS – Daimler Trucks North America unveiled the SuperTruck II on Wednesday, showcasing an efficient diesel heavy-duty rig intended to demonstrate fuel-saving technology that can be deployed as the…

Betty Jotanovic named president of Chrysler Capital

Betty Yotanovich has been named president of Chrysler Capital and the automotive affiliate of financial provider Santander Consumer USA. Jotanovic will assume the role in March. She will succeed Bruce…

Vehlo acquires Velocity Automotive to expand suite of vehicle reconditioning software

Software can help remove barriers to distributor success, but given the multitude of products on the market, store owners need a place where they can find the services they need…

Rivian to cut 6% of jobs following Ford, Tesla price cuts

Despite the blockbuster initial public offering in November 2021, Rivian stock From that month’s peak to Tuesday’s close, it had fallen nearly 90%. “We must focus our resources on the…

Service and parts forecast cloudy with a dose of confidence

During my first few years at the National Auto Dealers Association annual conference, I walked around the exhibit floor anonymously. I was new to the service and parts beat and…