The supplier is bracing for another level of escalation in the COVID-19 pandemic amid expectations that Japan will be the next to go under lockdown.
Continue Reading the above article 'In Japan, Continental opens crisis playbook...
March pickup sales continued without a hitch in the Southeast and South Central regions but fell well below forecasts everywhere else as many governors ordered residents to stay home and nonessential business activity to cease.
Continue Reading the above article 'Big pickup sales rise 3% despite overall plunge in...
An estimated 1.8 million lease customers in the U.S. are scheduled to turn in their cars from March to July. Putting them into new vehicles will be tough where states have bans on auto sales.
Continue Reading the above article 'Off-lease tide faces uncertainty...
The used-car giant was on a record pace until the coronavirus caused a dramatic decline.
Continue Reading the above article 'Pandemic crimps CarMax expansion plans...
The association has scrambled to adjust internally while maintaining a presence on Capitol Hill and guiding dealers through an unprecedented crisis.
Continue Reading the above article 'How NADA mobilized as virus threat grew...
Profitability was a big challenge before the pandemic. A big question now: Will the extraordinary economic complications of COVID-19 be fatal to some dealerships?
Continue Reading the above article 'Nissan turnaround, struggling stores in jeopardy a...
Dealers across the country are bracing for the financial hit from the coronavirus pandemic as they begin to close the books on March. April may be worse.
Continue Reading the above article 'Virus puts stores in ‘survival mode'...
South Korea's SK Innovation wants to be a big player in EV batteries, but first it needs the factories to make it happen.
Continue Reading the above article 'For battery challenger, it's build, build, build...
Dealerships and dealers face risks ranging from fines, jail time and court orders to shut businesses if they defy stay-at-home or nonessential-business closure orders.
Continue Reading the above article 'Staying open puts dealers at risk for police actio...
Keiko Ihara, one of the automaker's independent outside directors, is a race car driver turned corporate bigwig who has been a key mover in many of Nissan's post-Ghosn changes.
Continue Reading the above article 'Former racing star helps put troubled Nissan back ...