Chip shortage forces automakers to leave out some high-end features

The online used-vehicle retailer said its rate of getting vehicles sale-ready has been improving.

Ed Morse Automotive Group has expanded into Missouri, buying four Detroit 3 dealerships. The group now has dealerships in Florida, Oklahoma, Texas and Missouri.

Maryland-based Culture Brands will get a broad remit as the Korean automaker courts Black buyers in the U.S.

The company posted a $787.4 million net loss a year earlier as the coronavirus pandemic took hold and an almost $1 billion charge was booked for the quarter.

Fraser Dunn, while at Aston Martin, worked on such vehicles as the Vulcan and Valkyrie Hypercar. He’s leaving his post and joining the APMA project full-time.

Aptiv said adjusted operating earnings rose 89 percent while Tenneco said adjusted earnings improved 62 percent. Adient swung to a $69 million net profit.

Magna's rising outlook reflects its growing business in China, where the automaker anticipates light-vehicle production of 24.7 million units in 2021, up from a previous estimate of 24 million.

The aim of the realignment is to have a uniform global presence for the Mercedes corporate brand and its product brands, the automaker said.

The automaker plans to have the database up and running by later this year.

The startup makes a lidar sensor that helps cars gain a three-dimensional map of the road and can also detect the motion of distant objects.