Heightened price competition and dwindling new car sales have luxury dealers turning to the used car market where there's new financial opportunity.
In Carvana's most recent quarterly earnings call, CEO Ernie Garcia said the company more than tripled its customer-sourced car volume in 2018, but still lags behind the industry leader.
The U.S. Department of Transportation will award as much as $60 million in grants this spring to communities seeking to demonstrate automated-driving systems. The applicants include a number of smaller communities.
Carlos Ghosn is deeply compromised as a messenger, but there is merit to his message about leadership.
Honda is encouraging collaboration on mobility ventures by opening a glass-walled garage intended to encourage passersby to look in and see what engineers are working on.