NEW YORK — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker amid an ongoing struggle with slumping sales.
December 2, 2024Business, Equipment
Stellantis CEO Carlos Tavares Steps Down
Government, Business, Safety
BMW Recalls 1.5 Million Cars Over Braking System
NEW YORK — BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the German carmaker said was partially triggered by hefty expenses of addressing a braking system recall.
September 11, 2024Business, Technology, Safety
Car Dealerships Disrupted by Pair of Cyberattacks
NEW YORK — Car dealerships in North America continue to wrestle with major disruptions that started last week with cyberattacks on a software company used widely in the auto retail sales sector.
June 21, 2024Government, Business, Safety
Kia Recalls Nearly 463,000 Telluride SUVs Due to Fire Risk
NEW YORK — Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed.
June 7, 2024