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The automotive industry’s “new normal” might be characterized by lower inventory levels than before the pandemic, as well as more of an emphasis on pre-selling and secure supply chains, Cloud Theory says.

The index typically removes the smallest members of the Nasdaq 100 if the company is weighted at less than 0.1 percent of the gauge for two consecutive months.

Ford sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees.

Jeep head designer Mark Allen is retiring and North American interior design lead Chris Benjamin left for VW’s Scout Motors brand.

Ed Morse Automotive Group further bolstered its domestic brand store offerings with the purchase of three Illinois dealerships in two May acquisitions.