Honda’s first new-era EV marks the beginning of the automaker’s ambitious push to hit half a million electric vehicle sales in North America by 2030.
The used-car retailer reported net income of $118.6 million in the three months ending Aug. 31, down 5.8 percent year over year. Net revenue fell 13 percent to $7.1 billion.
Volvo Group plans its own freight hauling business as it looks to tap an estimated $42 billion autonomous trucking market along the southern tier of the U.S.
The Grenadier, a rugged, boxy BMW-powered four-door off-road vehicle made in France by Ineos Automotive, will arrive at the company's 18 U.S. dealers in about 8 weeks.
Graham Ourisman Automotive, a partnership between Graham Holdings and Ourisman Automotive Group, added a Toyota dealership in Virginia to its portfolio.