Honda Motor and LG Energy Solution said on Tuesday they will build a new joint venture $4.4 billion battery plant in Ohio.

The journey from civil engineer in Lima, Peru (population 11 million) to dealer principal of a Ford dealership in Morristown, Tenn. (population 30,000) hasn’t always been completely smooth for Jaime Vergara. “Lima is a big city, there is a lot to do, but coming here it was much quieter. There’s more routine,” Vergara of Morristown Ford…

When it comes to selling cars in 2022, one thing we hear from dealers everywhere is clear.

Each year, dealers and managers tell us one of the top reasons they attend NADA Show is the education.

At the 2022 annual National Association of Minority Automotive Dealers (NAMAD) membership meeting, NADA Executive Vice President, Legal and Regulatory Affairs and General Counsel Andy Koblenz was one of four automotive industry leaders recognized with the organizations’ prestigious Lifetime Achievement Award.

Ted Smith, president of the Florida Automobile Dealers’ Assn., says, “For the most part there has not been huge physical destruction at our stores, but the losses to employees' families will be huge.”

Porsche P911_p.DE took pole position as Europe's most valuable automaker on Thursday, overtaking former parent Volkswagen VOWG_p.DE as the price of the sportscar maker's newly-listed shares sped higher.

Join CPAs Kimberly Linebarger, Lewis R. Fisher, and Danielle Mar from Moss Adams, LLP as they explain the fraud triangle and how its factors lead to fraud, as well as what steps you can take to protect your dealership.

Join Andy Duessel, Chief Financial Officer, and Rebecca De Paula, Vice President Sales Manager, as they discuss how recent economic changes may be signaling a downturn in the economy, and compare the current economic conditions to the past to help us understand the way forward.

New light-vehicle sales in September 2022 totaled a SAAR of 13.5 million units, up 9.6% from a year ago. New light-vehicle sales in September 2021, the weakest since May 2020, were limited by the lowest inventory level on record for at least 36 years. While not a return to normal by any means, inventory levels at the end of September 2022 should…