automotive

Abu Dhabi's sovereign wealth fund is set to acquire the automotive division of McLaren, the iconic British supercar manufacturer, in a move that reshapes the ownership of one of the UK's most iconic car brands. The deal follows a…

Rivian Cars (NASDAQ: REVIN) It attracted a stampede of bulls with its initial public offering on November 9, 2021. The electric vehicle (EV) maker went public at $78 per share, and its stock opened at $106.75 before hitting a record high of…

Written by Max A. Cherny SAN FRANCISCO (Reuters) - German industrial giant Bosch will team up with U.S. chip startup Tenstorrent to develop a platform for unifying key elements of automotive chips, Tenstorrent executives said. Plans…

Written by Judy Godoy WASHINGTON (Reuters) - The U.S. Federal Trade Commission sued Asprey Automotive Group Inc. on Friday, alleging that three of its Texas dealerships charged black and Latino customers higher prices than others and…

Group 1 for cars (New York Stock Exchange: GPIShares of Hyundai Motor Co. jumped to an all-time high on Wednesday as second-quarter results beat Wall Street expectations, with strong new vehicle sales offsetting recent disruptions caused…

Mullen Automotive Inc. (NASDAQ:), a leader in the electric vehicle market, has secured additional financing through the issuance of convertible notes and warrants, as detailed in a recent 8-K filing with the Securities and Exchange…

© Reuters. A BMW Vision Neue Klasse is displayed next to the company's logo during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Angelika…

© Reuters. (Reuters) - Auto Parts distributor O'Reilly (NASDAQ:) Automotive Inc forecast full-year profit below estimates on Wednesday, as expenses rise, sending its shares nearly 5% down in extended trading. With electric and…

Article contentLaw firm engaged to assist the Company in reviewing its current fundings and to make recommendations in developing its floorplan for 2024 fundingsBREA, Calif., Dec. 04, 2023 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive,…

Article contentMARKHAM, Ontario — Vehicle leasing is about to get driven in to the 21st century. In an era where digital transformation is reshaping the auto industry, taq Automotive Intelligence is set to modernize the antiquated leasing…