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ATAE
Ford Doubled Its EV Sales by Tripling Its EV Model Lineup
The Ford Motor Company is struggling to satiate the demand for its vehicles. In its October sales report, Ford stated that vehicle sales are down ten percent compared to October 2022, while orders for 2023 model-year vehicles are up 134 percent.
ATAE
Georgia lands EV battery parts plant after company gets $178M grant
A Belgian company is expanding its operations in Augusta by building a new electric vehicle battery component factory.
ATAE
2023 could be active year for state dealer franchise legislation
Next year may shape up to be an active year for dealer franchise legislation in state capitals.
ATAE
BMW plans direct sales of its cars, CFO tells newspaper
Buyers of a BMW should be able to order a car directly from the manufacturer in the future with no need to involve a car dealer, its finance chief told Muenchner Merkur.
NADA | NADA Headlines
Automakers, South Korea Urge U.S. to Tap Commercial EV Tax Credit (Reuters)
Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer EV access, a plan that could help ease concerns over a climate bill approved in Congress.
NADA | NADA Headlines
U.S. Agency Opens Safety Probes into Honda, Jeep, Ram Vehicles (Reuters)
The U.S. National Highway Traffic Safety Administration (NHTSA) is opening new safety probes into 1.72 million Honda vehicles, 230,000 Jeeps and 390,077 Ram trucks.
NADA, ATD
Recent Equal Employment Opportunity Commission (EEOC) Settlement with Dealership Underscores Importance of Equal Pay
The Equal Pay Act and Title VII of the Civil Rights Act of 1964 prohibits discrimination based on pay and retaliation against employees who request pay equal to employees of the opposite sex. Recently, the EEOC announced a settlement with a dealership to pay $62,500 and provide other relief to settle a pay discrimination and retaliation lawsuit…
NADA | NADA Headlines
NADA Market Beat: November 2022 New Light-Vehicle Sales Up YOY; Down Slightly from Month Prior
New light-vehicle sales in November 2022 increased year over year but were down slightly from the month before. November’s SAAR of 14.1 million units was up 7.9% compared with November 2021 but down 6.5% compared with October 2022. According to Wards Intelligence, vehicle availability continued to improve, with inventory on the ground and in…
NADA, ATD | Webinar
Future Proofing Your Dealership Group
In this webinar, dealers will hear from Business Succession Planners, The Rawls Group, and Dealership Buy-Sell Advisors, Haig Partners on how to future-proof your business and create control over the future you envision.
NADA, NADA Show | NADA Headlines
Give the Gift of Education With NADA Show 2023
Looking for the ideal holiday gift? Share NADA Show 2023 with your family, friends and colleagues, and give the gift of education!