Maserati pushes back launches of electric Levante, Quattroporte

The successor to the Levante will appear in 2027, while the next Quattroporte will debut in 2028. The delay leaves big holes in the Stellantis luxury brand's lineup.

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Morrie's Auto Group adds three stores in Wisconsin

Morrie's Auto Group bought three dealerships in Wisconsin, expanding its store count in the Midwest.

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Chevrolet adds Trail Boss to Silverado HD pickup

The 2025 Silverado HD and the Trail Boss version will be on sale in the summer, Chevy said. Pricing was not disclosed.

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Dealership valuations dip from 2022, but remain high, experts say

Despite a decline in dealership valuations through the first three quarters of 2023 compared with 2022, valuations are still about two times higher than pre-COVID figures, buy-sell experts say.

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Lincoln cutting 200 U.S. dealerships in 2-year consolidation push

The brand is offering Lincoln retailers buyouts that include sweeteners such as more Ford inventory and special incentive plans for loyal customers.

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GM's Cruise robotaxi unit faces U.S. probes over dragging incident, vows reforms

Cruise said a report it commissioned from law firm Quinn Emanuel found that the evidence did not establish Cruise leadership or employees "sought to intentionally mislead or hide from regulators the details."

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GM to invest $1.4 billion in Brazil by 2028

GM is set to invest 7 billion reais ($1.42 billion) in Brazil between this year and 2028, in a bid to boost "sustainable mobility."

 

 

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