Penske Automotive, Group 1 shares plunge after Brexit vote

Shares of Penske Automotive Group and Group 1 Automotive, two of the three largest U.S. dealership groups, fell Friday to their lowest levels since February on concerns over the U.K.'s decision to leave the European Union.

Musk’s SolarCity bid a rare time investors don't buy his vision

Elon Musk is accustomed to shareholders snapping up whatever his Tesla Motors Inc. has to sell. Now his plan to merge the electric-car maker with

Sign up for our afternoon newscast

AutoNews Now is our afternoon video roundup of the top news stories of the day.

Newsletters