Polestar prepares to raise up to $1 billion for EV sales push
The Geely subsidiary has been struggling to gain market share due to software delays and competition from rivals such as Tesla that are selling battery-powered models at lower prices.
Ferrari to accept crypto as payment for its cars in the U.S.
Ferrari said the decision came in response to requests from the market and dealers as many of its clients have invested in crypto.
Unifor ratifies GM Canada deal with 80.5% of voters in favor
About 4,300 members in Oshawa, St. Catharines and Woodstock, Ontario, voted 80.5 percent in favor of the deal that promises pay increases of nearly 20 percent for longtime workers over the three-year term.
NAMAD head is out to show business case for diversity efforts
Under Perry Watson IV, NAMAD is planning a 2024 campaign to tell minority dealers’ stories.
Where will F&I fall in digital retail shakeout?
Protective Asset Protection surveyed over 300 dealership executives and found 53 percent were unsure if F&I products should be for sale online.