News
GM executive Sterling Anderson emerges as potential future CEO
34+ min ago (244+ words) GM said there has been no discussion of leadership changes, noting that any succession speculation is premature. General Motors is undergoing a leadership shakeup as Sterling Anderson, a former Tesla executive and autonomous vehicle entrepreneur, rises quickly inside the automaker's…...
DGDG’S Jeremy Beaver outlines EV demand shifts, fixed ops, 2026 outlook
2+ hour, 20+ min ago (323+ words) Del Grande Dealer Group (DGDG) CEO Jeremy Beaver says dealership operations remain resilient despite EV demand weakening in California, rising costs, and ongoing market volatility, with fixed operations, internal promotions, and disciplined growth positioning dealers for 2026." On today's episode of…...
CADA’s Tim Jackson weighs in on Colorado’s Scout Motors dealer license ruling
2+ hour, 21+ min ago (276+ words) Many outside the retail automotive space argue that a direct-sales model benefits consumers. Jackson strongly agrees, emphasizing that the franchise system remains the most practical and consumer-friendly distribution model in the U.S. "This is the kind of incident that demonstrates the…...
Musk tops $700B after Tesla pay ruling, VW pauses US ID. Buzz sales, Nissan to double NISMO lineup
20+ hour, 57+ min ago (492+ words) Top Stories Court ruling restores Musk's 2018 Tesla pay plan, ending years-long dispute. Read More Volkswagen pauses US ID. Buzz sales as EV demand cools. Read More Nissan plans to double NISMO lineup by 2028. Read More Waymo resumes robotaxi service in San…...
Court ruling restores Musk’s 2018 Tesla pay plan, ending years-long dispute
23+ hour, 52+ min ago (390+ words) A high court overturns lower ruling, reinstating $139 billion in Tesla stock options and closing a years-long legal battle over executive pay. Elon Musk's net worth surged to $749 billion late Friday after the Delaware Supreme Court reinstated Tesla stock options valued…...
Volkswagen pauses US ID. Buzz sales as EV demand cools
1+ day, 24+ min ago (306+ words) The decision reflects wider challenges facing EV sales in the U.S. market without incentives. Volkswagen is halting exports of the ID. Buzz to the United States after only a little over a year on the market, due to slow sales and diminished…...
Scout Motors’ direct-to-consumer move draws criticism from Colorado dealers, industry veteran Mike Maroone
1+ day, 2+ hour ago (323+ words) Maroone dismissed Scout Motors" claim of separation from its parent company, Volkswagen (including the VW and Audi brands), as insincere. He stated, "If it walks like a duck and quacks like a duck, it"s a duck," asserting that by…...
MADA President Scott Lambert on Minnesota dealer priorities and challenges
1+ day, 2+ hour ago (489+ words) Minnesota's automotive market is navigating a year of change, from shifting EV adoption to complex legislation affecting dealers. On today's episode of Inside Automotive, Scott Lambert, president of the Minnesota Automobile Dealers Association, provides a year-end update on the challenges…...
Cars Commerce appoints Tobias Hartmann CEO, effective Jan. 15
3+ day, 19+ hour ago (281+ words) Hartmann is set to take over on January 15, 2026, after leading Scout24 SE, the European digital marketplace. Cars Commerce announced that Tobias Hartsmann will become CEO and join the Board of Directors effective January 15, 2026, succeeding Alex Vetter, who will step down and…...
US, Japan advance $550B investment, Ford drops $6.5B EV battery deal, Mercedes shifts leadership
4+ day, 21+ hour ago (373+ words) Top Stories US, Japan begin selecting projects for $550 billion investment fund. Read More Ford ends $6.5B EV battery deal with LG Energy Solution amid EV pullback. Read More Mercedes revamps leadership as luxury strategy faces EV headwinds. Read More Manheim index…...