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An unusual clause provides for up to $90 million in shares for the family of the former Fiat Chrysler CEO.

The U.S. public dealership groups are deepening their investment in e-commerce initiatives to help customers go further in buying — or selling — a car before stepping into a store.

Traditional automakers see startup Nio as a model for a new way of doing business in an industry facing an onslaught of technologies from electrification and connectivity.

Bulging inventories, combined with rising floorplan interest rates, are sapping whatever was left of dealers’ new-vehicle margins and threaten to unravel the industry’s hard-fought pricing discipline.

Waymo’s plans to establish an advanced manufacturing facility in the heart of Detroit illustrates how Silicon Valley and Michigan have grown to recognize each other’s value to the industry.