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AutoNation CEO says chip shortage could drag on for a year

AutoNation CEO says chip shortage could drag on for a year

The dealer chain expects the industry’s vehicle shipments in the second quarter to be double what they were a year ago, but that’s barely enough to keep dealer lots full, CEO Mike Jackson said.


GM launches ‘Work Appropriately

GM launches ‘Work Appropriately' flexible work standard

The new standard gives employees the flexibility to work from anywhere and gives GM access to a broader talent pool.


Tesla disquiet in China mounts after driver protest in Shanghai

Tesla disquiet in China mounts after driver protest in Shanghai

The government blowback appeared to stem from an embarrassing incident Tesla faced on Monday at the Shanghai Auto Show. An angry protester climbed on top of one of its display vehicles shouting that her car’s brakes had lost control.


Subaru suspends U.S. output amid chip shortage

Subaru suspends U.S. output amid chip shortage

The automaker is halting operations at its Indiana plant through the end of the month, a move that will lead to 15,000 vehicles of lost output.


Texas police to demand Tesla crash data as Musk denies Autopilot use

Texas police to demand Tesla crash data as Musk denies Autopilot use

The crash is the 28th Telsa accident to be investigated by the NHTSA, which regulates vehicle safety. It is also being probed by the National Transportation Safety Board.


BMW

BMW's Q1 earnings boosted by China demand, higher prices

BMW's earnings bounced back more strongly than expected from a pandemic-ravaged quarter, the company said, helped by higher prices and sales growth in all major regions and across brands.


EVs to account for more than half of light vehicles sold globally by 2026, BCG projects

EVs to account for more than half of light vehicles sold globally by 2026, BCG projects

BCG said it sees the transition to EVs playing out in three phases: incentive and early adopter-driven electrification; ownership cost-driven electrification; and supply-driven electrification.


Ford begins offering COVID-19 vaccinations at some plants

Ford begins offering COVID-19 vaccinations at some plants

The automaker is offering on-site shots at some facilities in Michigan, Ohio and Missouri with plans to expand to additional plants.


Alpha One dealer acquires Chevrolet-Buick store in Texas

Alpha One dealer acquires Chevrolet-Buick store in Texas

Alpha One Automotive Cos. President Michael Handwerger has purchased Miller-Starnes Chevrolet-Buick in Rockdale, Texas. Handwerger is a partner in an Audi store in Louisiana and has a pre-owned luxury dealership in Round Rock, Texas.


Alfa Romeo to get new design boss as brand heads for latest turnaround

Alfa Romeo to get new design boss as brand heads for latest turnaround

Former Renault and Seat executive Alejandro Mesonero-Romanos will help to strengthen the top management team that new Alfa Romeo CEO Jean-Philippe Imparato is putting together.