The Labor Day weekend rush pushed several manufacturers to monthly and all-time U.S. records in August, setting up the industry to post a strong third quarter.
Proposed changes to the Federal Trade Commission’s Safeguards Rule, which dictates how financial institutions safeguard consumer data, could add hundreds of thousands of dollars in costs to dealerships nationwide.
Nissan CEO Saikawa says ready to resign once successor is found
Pressure is building for the succession process to be accelerated, and has the support of Renault, Nissan’s biggest investor and partner in the world’s largest auto alliance, Bloomberg reported.
Volvo Trucks plans to invest $400 million in its 40-year-old Virginia manufacturing site, and local leaders see it as an opportunity to anchor a new r&d corridor.
The 2020 Chevrolet Corvette’s popularity means there will be a second “market adjustment” sticker at some dealerships that requires early customers to pay thousands over the suggested price. So the car could be a gravy train for some dealers. But not all of them.