Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Manufacturing their futures: Students with interest in auto industry visit Toyota's Kentucky plant
LEXINGTON, Ky. (LEX NEWS) — October is manufacturing month, and Toyota Motor Manufacturing Kentucky in Georgetown has always tried to make the most of it. For many years, they've used this time to bring students in, offering them a firsthand…
Penske Automotive to be taken private at $16.3B valuation - TT
A Penske auto dealership, selling Cadillac, Buick and GMC cars and trucks, in Torrance, Calif. (Jay L Clendenin/Bloomberg) Penske Automotive Group agreed to go private in a $16.3 billion deal with Motown Acquisition Corp. for $212 a share. Penske…
Penske Automotive Raises Quarterly Dividend by 1.4% to $1.46
Penske Automotive Group's board has raised the quarterly dividend by 1.4%, to $1.46 from $1.44, marking the 24th straight quarter that the transportation-services company has boosted its payout. The new dividend rate, equal to $5.84 a year…
Penske Automotive to Be Taken Private at $16.3 Billion Valuation
Penske Automotive Group Inc., one of the largest car dealership groups in the US, reached a deal with its two biggest shareholders to go private at a $16.3 billion enterprise value. Motown Acquisition Corp., an entity jointly owned by Penske Corp.
Penske Automotive Group jumps 9% on go-private agreement (PAG:NYSE)
SA Spotlight uses AI to summarize content published on Seeking Alpha. All summaries are reviewed by human editors prior to publication. Shares of Penske Automotive Group (PAG), a diversified international automotive and commercial-truck retailer…
Auto Tesla Roadster Flying Car: Elon Musk Unveils Aerial Manoeuvres, SpaceX Tech
Elon Musk's Tesla has unveiled a revolutionary Roadster, showcasing a sports car capable of performing extraordinary aerial manoeuvres using advanced aerospace-inspired technology, reigniting excitement for the future of flying cars. Elon Musk…
Germany and France strike deal to further relax EU auto emissions rules
Europe's two economic powerhouses also agreed to include Britain in the definition of what vehicles would count as 'made in Europe' under EU measures aiming to bolster the bloc's industries, according to a draft document outlining the pact. Paris…
Tesla Readies Flying Car Demo to Pump Up Sluggish Auto Business
Tesla Inc. is hoping a flight demonstration will give its ground-bound auto business a lift. The electric vehicle maker is planning to unveil its long-promised new Roadster sports car Thursday in Texas, reviving and refreshing a model that Tesla…
Auto New BS-VII Rules Target Tyre, Brake Pollution
The proposal has caught auto makers by surprise. The government has proposed introducing Bharat Stage-VII (BS-VII) emission norms for passenger vehicles (PVs) from April 1, 2029, bringing brake and tyre pollution, tougher real-world emissions…
Surprise, Here's A New Grand Theft Auto 6 Trailer
Grand Theft Auto 6 fans have been begging Rockstar for another look at the upcoming open-world sequel for months now, and their wishes have been granted as the game just got a big, new launch trailer as we enter the final weeks before GTA 6's…
New Hampshire's DJ Shaw caps memorable auto racing season with BHBT win
It is 158 miles one-way from Center Conway, New Hampshire, to Hermon, Maine. But the trip was well worth it for Center Conway native D.J. Shaw, whose six trips to Hermon's Ricky Craven Speedway presented by Bar Harbor Bank and Trust this season…
Automotive Properties REIT Announces October 2026 Distribution
− Not for distribution to U.S. News Wire Services or dissemination in the United States − TORONTO, Oct. 15, 2026 /CNW/ -- Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the 'REIT') today announced a cash…
Penske Automotive Agrees to $212-Per-Share Take-Private Deal
Penske Automotive Group agreed Oct. 15 to be taken private in a deal under which shareholders outside the investor group will receive $212 per share in cash through Motown Acquisition Corp. The transaction has an enterprise value of about $16.3…
Hearing That Dude Say 'Grand Theft Auto' At The End Of The Latest GTA 6 Trailer Made Me Feel Like This
Earlier today, Rockstar Games released the launch trailer for Grand Theft Auto 6. It's a good trailer that includes some steamy moments between Jason and Lucia. It also features a Grand Theft Auto tradition at the very end: The same dude saying the…
The Grand Theft Auto 6 launch trailer is here
We won't get to play Grand Theft Auto 6 when it launches for consoles on November 19, but they can't stop us from watching the Grand Theft Auto 6 launch trailer! So, let's do that. Grand Theft Auto VI Launch Trailer - YouTube It's definitely a…
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