The inventory level in the U.S. showed only a slight improvement last month, landing at 1.11 million, according to Cox Automotive and the Automotive News Research & Data Center.
A former Stellantis dealer in California is facing federal charges of defrauding investors out of nearly $8 million that he spent on himself.
Subaru's Legacy midsize sedan gets some major upgrades in 2023, including the latest version of the brand's driver-assist technology and an electric brake booster, which will both be standard.
Toyota smashed earnings records across the board in the latest fiscal year, but now it's tapping the brakes as market uncertainty and inflation cast new shadows.
Demand for zero-emission trucks is growing, but charging times, range anxiety, insufficient infrastructure and high costs stand in the way of fast adoption.