Mitsubishi Motors North America CEO Mark Chaffin said improving retailer profitability is his “No. 1 priority” in 2025.
Electrification — notably gasoline-electric hybrids — is becoming more of a viable option for U.S. consumers looking for value, safety, reliability and performance in a new car or light truck.
Inventory shortages and rate increases have eased, but prices are still high.
Hoping to give the Ioniq 5 more appeal, Hyundai has added an XRT model aimed at outdoor enthusiasts.
Toyota taps veteran Chris Reynolds to be the latest American to serve on the board of directors at the Japanese parent company amid a shakeup to streamline management.