John Hammer to leave ADESA president role in February
ADESA President John Hammer will exit the company less than nine months after its U.S. operations were acquired by online used-vehicle retailer Carvana Co.
Why Super Bowl auto ad spending is trending down
The economy and supply concerns weigh on automakers—and fewer are using the game to push electric vehicles. Ford CEO Jim Farley “If you ever see Ford Motor Co. doing a Super Bowl ad on our electric vehicles, sell the stock.”
Stellantis dealers near record profitability despite lower sales
Increased profitability and a surge in Stellantis’ J.D. Power sales satisfaction scores gave the company and its dealers plenty to be excited about despite the production constraints that kept inventory tight.
Alford: Dealers are risk-takers and entrepreneurs — not 'robotic agents'
Outgoing NADA Chairman Mike Alford says dealers will never be ‘robotic agents of far-off manufacturers.’
Musk faces SEC probe for role in Tesla self-driving claims, report says
The review is part of an ongoing SEC probe of the company’s statements about its Autopilot driver-assistance system, sources told Bloomberg.