Car-shopping website TrueCar posted a first-quarter loss of $11.7 million, up slightly from $11.6 million, as the company expanded its roster of dealers and had a hand in more transactions.
General Motors and Lyft will reportedly begin testing self-driving Chevrolet Bolt taxis on public roads within a year.
Elliott Management stepped up pressure on dealership vendor CDK Global, saying the software company needed to streamline operations or explore a sale.
Have 5 minutes? Catch up on what you want to know twice each day.
Our in-depth authoritative automotive coverage and degree of access from the boardroom to the showroom makes Automotive News unrivaled in the industry. Chances are, if you're not subscribed to Automotive News, you're missing information that's vital to your business.
Sign up today to get the best of Automotive News delivered straight to your email inbox, free of charge. Choose your news - we'll deliver.
Entire contents © Crain Communications, Inc.
Use of editorial content without permission is strictly prohibited. All Rights Reserved.