Lithia Expands Into Wisconsin
Five-dealership purchase expands its Midwest presence.
Five-dealership purchase expands its Midwest presence.
Ongoing shortage forcing brands to trim production, especially in North America.
Ten cars, three trucks and 13 utility vehicles will advance to finalist round.
The price of lithium carbonate, a key EV battery component, has tripled over past year as demand spikes.
The seasonally adjusted annual rate is estimated to be near 36.2 million, down from last August’s 40.8 million level and below July’s revised 38.3 million pace.
The Retention Index continues to decline in August, finishing the month at 184.0 points as consumer demand for used vehicles weakened.
Automaker won’t offer retailers buyouts as some brands have, but it will introduce sales requirements.
Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.
No-haggle prices and sizeable investments in charging infrastructure are required to sell the automaker’s electric vehicles.
Matter follows sale license suspension over title transfers and registration permit issuances for used vehicles.
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