Dealership buy-sell activity reached what’s extensively thought to be a high point in 2021, and the results of the various megadeals struck that year have been absolutely in impact in 2022. Several dealership group leaders who spoke with Automotive News credited acquisitions with boosting their 2022 gross sales volumes, and thus their list rankings. Keating Auto, of Victoria, Texas, bought seven dealerships in late 2021, all in Texas, and Ben Keating, the group’s proprietor, credited those purchases, which included three high-volume Hyundai shops, as a big reason for the company’s development final 12 months. “It turns into a declining share of Magna’s total gross sales,” Narayan stated.
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DETROIT — The government’s freeway security agency says it plans a significant update to its vehicle crash test scores subsequent yr, and it’ll look at including new expertise to make roads safer. SACRAMENTO, Calif. — California has recovered more than $23 million from settlements with fifty two vehicle elements producers for illegal bid rigging that jacked up shopper prices, state Attorney General Xavier Becerra mentioned Wednesday. ROME — Union leaders denounced Saturday security circumstances at an automotive plant operated by Fiat Chrysler Automobiles and PSA Group following the dying of a upkeep employee. NEW DELHI — Hundreds of delegates and guests from China didn’t attend India’s biggest auto present on Wednesday as international locations scramble to halt the unfold of a viral outbreak that has killed tons of and infected more than 24,500 individuals globally. BILLINGS, Mont. — The owner of an jap Montana restaurant pleaded responsible Tuesday to spending $75,000 from a federal COVID-19 reduction mortgage to buy vintage automobiles rather than using it as working capital for his enterprise, the united states
What’s Happening? Toyota Simply Released A Video Of Akio Toyoda Giving Thumbs As Much As A Honda Hr-v Hybrid
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Motorsport 1 Mini Wants To Sell Go-Kart-Like Driving Philosophy By Going Racing But it is undecided how precisely to do so. Recall 1 Hyundai Facing Yet Another High-Profile Class-Action Lawsuit This time, there’s a fireplace danger involved. Off-Road 3 Electric Mercedes G-Class Reveal Timeline Confirmed Expected to be referred to as the Mercedes EQG, the reinvented icon is not far away… Teaser 8 Nissan Hardbody To Make Triumphant Return At Detroit Auto Show Is it a new mannequin or a trim level? Industry News 7 Toyota Production Crippled By The Tiniest Problem Someone forgot to put in more storage capacity in the firm’s servers.
The new model offers a crossover’s higher driving place but in a low-to-the-ground bundle designed to maximise aerodynamics. A battery-powered, U.S.-made version of the Sprinter van will arrive in the second half of 2023. The eSprinter might be constructed on the EVA2 platform and be available in two wheelbases.
“We have a team looking at selecting websites, looking at options, working on layouts and providing different solutions for purchasers on how we may help them manufacture a vehicle in North America.” Speculation has simmered about whether it’d construct a automobile for Apple if the tech big takes a plunge into car design. Automakers massive and small are hot to place new EV fashions on the united states market. The drawback for many of them is the EV tax credit guidelines laid down final year by the united states authorities. Among different issues, the Inflation Reduction Act stipulates that for a automobile to qualify for the federal $7,500 tax credit score, it have to be assembled in North America.