Hail strikes Michigan dealership
A hailstorm damaged vehicles at a dealership in Davison, Mich., on Thursday
A hailstorm damaged vehicles at a dealership in Davison, Mich., on Thursday
The move highlights concern on Capitol Hill about the role Chinese companies may play in U.S. efforts to manufacture technologies from semiconductors to EVs at home after decades of production abroad.
The auto retail giant saw gains in service and parts revenue, while used-vehicle sales declined.
The head of the Alliance for Automotive Innovation said moving too fast or too slow on electrification risks handing China an advantage. Other EV stakeholders and climate advocates aren’t so convinced.
Part of the approach includes a decision by the UAW to hold off on endorsing U.S. President Joe Biden’s re-election campaign, in a move to pressure the administration.