NADA: FTC proposal on car dealers ‘severely flawed," should be withdrawn
The comments from the NADA were among thousands received by the FTC on its proposal to curtail bait-and-switch auto dealership price advertising, misleading F&I practices and F&I vehicle protection products......»»
Stellantis emissions deal with California adds clarity for dealers
Stellantis previously said it had to limit shipments of gasoline vehicles in 14 states because it wasn't allowed to join a 2020 deal California reached with other major automakers......»»
Lincoln dealers work to sell down glut of 2023 models
The luxury brand has boosted incentives to help dealers clear 2023 models that arrived late because of quality issues and the UAW strike......»»
Talk to each other: How dealers can smooth tech vendor bumps
CEO Liza Borches has pursued a multiyear effort to streamline her dealership group's use of technology and make remaining vendors work better together. That included a summit of all the major players......»»
Dora, Otis retired from list of Pacific hurricane names
The World Meteorological Organization on Wednesday said it had withdrawn Otis and Dora from the list of northeast Pacific hurricane names due to their roles in destructive extreme weather events......»»
EPA eases ramp-up for vehicle emissions rule to address industry concerns
EPA now sees battery-electric vehicles at 30 to 56 percent of light-vehicle sales in 2030-32 model years, down from the controversial 67 percent in 2032 in its original proposal......»»
Dealers see the good and bad out of unchanged interest rates
Following Wednesday's Fed meeting, the benchmark rate will remain at the 5.25-5.5 percent level......»»
To appease industry concerns, EPA eases stringency ramp-up in vehicle emissions rule
EPA now sees EVs at 30 to 56 percent of light-vehicle sales in 2030-32 model years, down from the controversial 67 percent in 2032 in its original proposal......»»
Study finds large accumulations of plastics in the ocean, even outside so-called garbage patch
When plastic ends up in the ocean, it gradually weathers and disintegrates into small particles. If marine animals ingest these particles, their health can be severely affected. Large accumulations of plastic can therefore disrupt the biological bala.....»»
A win for automakers, UAW as U.S. softens EV mileage rule
The rule means automakers will now be able to build more gas-powered vehicles through 2030 and still meet overall CAFE requirements than under the tougher, initial DOE proposal......»»
Finalized U.S. EV mileage ratings rule will be a win for automakers, report says
The Detroit 3 and the UAW raised alarms that the original proposal could have resulted in $10.5 billion in automaker fines through 2032......»»
Franchised used-car dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Nissan offers some U.S. dealers cash to take inventory in 11th-hour wholesale push
Nissan retailers began receiving emails and calls from factory reps offering $500 to $2,000 for every vehicle they accept. But dealers are already struggling with a triple-digit days' supply......»»
No limits: Small dealers go national with video streaming ad pilot
Technology from marketing software company Constellation is helping smaller auto dealers place affordable national advertising through NBCUniversal streaming options......»»
Honda Canada to slash dealer margins by up to 44%, several dealers say
Honda Canada would not confirm the details nor address questions about the changes to margin for its close to 250 dealers across the country. In a statement, the company said it does not “share the details of our business relationship with our deal.....»»
Franchised dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Farley, top Ford execs hit road to hear dealers" concerns
The tour comes as dealer trust levels within Ford have plummeted as the company faces continued quality woes and questions over its electrification strategy......»»
Dealers begin deliveries of delayed Lotus Emira
The British automaker finally cleared a last-minute snag with obtaining the emissions certification for the car from the California Air Resources Board. Deliveries of the low-slung, $99,000 Toyota-powered two-seater are underway......»»
Cox: Dealers feel falling profits amid inventory growth, weaker market
Franchised dealers polled by Cox Automotive perceived their markets weren't improving — but weren't worsening — continuing to show the sourest sentiment since the heart of the COVID-19 pandemic in the U.S......»»
Viewpoint: What the Anthropocene"s critics overlook, and why it really should be a new geological epoch
Geologists on an international subcommission recently voted down a proposal to formally recognize that we have entered the Anthropocene, a new geological epoch representing the time when massive, unrelenting human impacts began to overwhelm the Earth.....»»
Electric Fiat 500e drawing dealer interest ahead of launch
The brand's buzz-building strategy has prompted some dealers to ask about adding the single-vehicle line, Fiat North America chief Aamir Ahmed said......»»