Mar 26, 2024
Current Issue | Dealer Headlines
Automakers, Tier 1 companies ask suppliers for parts payment delays as investment costs mount
Some automakers and Tier 1 parts companies, on the hook for billions of dollars in EV and software-related investments, are asking their supply chains for longer payment terms or to defer payments entirely.
Mar 26, 2024
Dealer Headlines
Baltimore bridge collapses after ship collision; auto shipping hub operations face disruption
The port handles imports and exports for major automakers including Nissan, Toyota, General Motors, Volvo, Jaguar Land Rover and the Volkswagen group — including luxury models for Audi, Lamborghini and Bentley.
Mar 26, 2024
Suppliers praised revisions the EPA made to its vehicle emission standards, saying the new rule provides clarity on where the EV market is headed while giving the industry enough leeway to make the targets feasible.
Mar 26, 2024
The 2025 Mercedes-Benz G 550 and Mercedes-AMG G 63 arrive at U.S. dealerships in the second half of 2024.
Mar 26, 2024
New England auto group DCD Automotive Holdings, which operates under the name Nucar, bought a family dealership in Concord, N.H., in December. It will aim to sell at least 75 used cars a month there.
Mar 26, 2024
Thomas and James Duff, second-generation owners of a tire-retail empire, are on Forbes' roster of the richest people in the world, each listed with $3 billion in net worth.