Auto industry works to build infrastructure for EV transition
As automakers prepare to bring more electric models to market, the infrastructure to support them will continue to develop.
As automakers prepare to bring more electric models to market, the infrastructure to support them will continue to develop.
While an end-of-year attempt to pass legislation on LIFO tax relief ultimately stalled in the House, dealers affected by record-low levels of new-vehicle supply are still hopeful a bill will pass this year.
Chrysler-Dodge-Jeep-Ram, General Motors and Mercedes-Benz dealerships were sold in fourth-quarter transactions in three states. Two of the transactions involved Canadian dealership groups — Alpha Auto Group and Foundation Automotive Corp. — buying U.S. stores.
The most popular EV in the U.S., the five-seat version of the Model Y crossover, was left off an early list of vehicles eligible for the new federal tax credit. CEO Elon Musk is asking Tesla fans to write the IRS.
At CES, Stellantis’ CEO warns of looming battles with China and said more assembly plants could be idled as the company battles recession and the costs of electrification.