Dealer Headlines

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.

Fourth-quarter Cox Automotive Dealer Sentiment Index polling finds inventory is improving for franchised dealerships. But other variables are rising as concerns.

Some of Carvana largest creditors have signed a pact binding them to act together in negotiations with the company, a move meant to prevent the kind of nasty creditor fights that have complicated other debt restructurings.

Apple executives are grappling with the reality that the company's vision for a fully autonomous vehicle — without a steering wheel or pedals — is not feasible with current technology.

A new report on Tuesday suggests that nearly every major automaker has significant exposure to products made with forced labor in China's Xinjiang region.

Takefumi Shiga, a longtime Toyota executive, will succeed Toshio Niimi as executive vice president for production engineering and manufacturing with Toyota Motor North America, effective Jan. 1.