FTC rules could mean process changes at dealerships
The sweeping Federal Trade Commission CARS Rule offers specifics for what auto dealers can and can’t do for a variety of topics. It takes effect on July 30.
Ford names controller Cathy O'Callaghan new Ford Credit CEO
Marion Harris took over as head of Ford Credit in late 2019 and guided the captive lender toward digitization.
U.S. rules could force early production halt to some gas vehicles, automakers say
The Alliance for Automotive Innovation warned the proposed rules “could prematurely force abandonment of many internal combustion engine vehicles and their associated revenue, reducing the availability of capital necessary for automakers to fund the EV transition.”
Tesla Model 3 to lose EV incentive Jan. 1 as sales cool
Tesla’s most affordable vehicle is expected to lose its eligibility for the $7,500 federal EV tax incentive on Jan. 1 as stricter rules on battery sourcing go into effect. New Model 3 registrations in the U.S. fell in September and October, according to Experian.
Honda offers carbon neutrality dreams on parade
Honda is promoting its push toward carbon neutrality in 2050 with a Rose Parade float called ‘Keep Dreaming.’