Tesla Model Y was the world's best-selling car in Q1

The premium midsize crossover beat the Toyota Corolla for the title with 267,171 Model Ys sold in the first quarter.

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Tesla Model Y was the world's best-selling car in Q1

The premium midsize crossover beat the Toyota Corolla for the title with 267,171 Model Ys sold in the first quarter.

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Honda, Acura well positioned in 2023, says American Honda's Mamadou Diallo

Mamadou Diallo, American Honda Co.'s executive vice president of national operations, says Honda is on track to hit sales of 1.2 million in 2023 and Acura is aiming for 160,000 sales.

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If Toyota Grand Highlander cannibalizes sales of smaller namesake, it's part of the plan

The new 2024 Toyota Grand Highlander is an extended version of the brand's popular crossover with a more usable third row, optional hybrid powertrains and towing of up to 5,000 pounds.

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Stellantis designer Chris Benjamin joins Scout Motors

Veteran Stellantis designer Chris Benjamin joins Volkswagen Group's Scout Motors to lead design for the EV-focused brand that will specialize in utility vehicles and trucks.

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Dealer-backed VC fund raises $13 million, lower than target

Automotive Ventures had hoped to raise as much as $50 million for its DealerFund, but economic trends left investors more cautious.

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Musk echoes Apple, Mercedes CEOs on importance of China ties

Tesla's Elon Musk joined Apple's Tim Cook, Mercedes' Ola Källenius and other car and tech bosses in emphasizing the importance of maintaining ties with China in his first visit there since before the pandemic.

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