July 22 (Reuters) - Penske Corp and ⁠Mitsui <8031.T>, ⁠the controlling shareholders ⁠of Penske Automotive Group, have offered $210 per share in cash to take the auto ‌dealership chain private, ...

That said, those narratives are changing as vehicles and the industry evolve toward more technologically advanced automobiles, including autonomous driving technology and other high-margin services.

Ohio State's Bruce Thornton continues to use the NBA Summer League as a platform to show he is ready for the next level. Thornton turned in another composed and efficient performance in the Houston ...

The largest U.S. automakers have backed away from electric vehicles, even as global sales are booming. The decision may make them obsolete. Credit...Photo illustration by Justin Metz Supported by By ...

Boston City Hall, shown in December 2024. The city announced the launch of its third participatory budgeting cycle, which will use $2 million to fund resident-developed projects. PHOTO: AVERY ...

Google has recently pressed the go-ahead button for a new Android Auto update, but it seems that installing it might not be a good idea. Not yet, at least, as users report the same issues as in the ...

This took a while, but a new Android Auto update is finally available for download. Google has just pressed the go-ahead button for Android Auto 17.3, and the first users can get it through the Google ...

Mercedes-Benz Group AG trades at a low 7x FY1 earnings and offers an 8% dividend yield, but margin recovery is essential. Current Cars division margins are weak at 4.1%, with management guiding only 3 ...