Dec 14, 2021
Dealer Headlines | Retail
Penske buys Erhard BMW dealership in Mich.; Fox Motors picks up 2 other Erhard dealerships
Penske Automotive once again has a dealership in its headquarters state. The group and Fox Motors bought luxury brand dealerships in Michigan from the Dahm family.
Dec 14, 2021
Dealer Headlines | Mobility Report
Hive, the EV ride-hail leasing company, raises $30m in funding round
Hive, the EV ride-hail leasing company, raised $30m in funding round and plans to expand its fleet for ride-hail drivers who otherwise can't afford the vehicles' higher upfront costs.
Dec 14, 2021
Hive, the EV ride-hail leasing company, raised $30m in funding round and plans to expand its fleet for ride-hail drivers who otherwise can't afford the vehicles' higher upfront costs.
Dec 14, 2021
Dealer Headlines
How GM could get new tax incentives for Michigan battery plant while still cashing in old state credits
The maximum cap of remaining Michigan tax credits GM could claim is $3.475 billion, according to an annual report to the Legislature.
Dec 14, 2021
Dealer Headlines | Mobility Report
Pony.ai’s driverless testing permit halted by Calif. after accident
Accidents during driverless testing are not uncommon. It was unclear what aspect of this incident prompted the suspension.