Monday, April 3, 2023

Manchin steps up clash with Biden over electric-car tax credits

Senator Joe Manchin stepped up his fight with the Biden administration over its implementation of the president's signature climate bill in a way Manchin says over-emphasizes clean energy technology, turns away from fossil-fuel production and spends too much.



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VW will phase out combustion engine Golf, brand boss Schaefer says

The current, eighth-generation Golf will get a comprehensive update next year but after that it will not be replaced with a combustion engine model.



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Sunday, April 2, 2023

2023 Automotive News list of the top U.S. dealership groups shows many shifts

The groups on the annual Automotive News list commanded a bigger percentage of the U.S. industry's new light-vehicle sales in 2022 and held a growing share of the U.S. dealership count.



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The latest numbers on the microchip shortage: North America hit hardest

The ongoing global supply shortage of semiconductors is mostly cutting schedules in North America and Europe.



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Acquisitions propel Lithia to list’s top spot

Lithia Motors, once the smallest publicly traded dealership group before embarking on a multiple-year dealership buying spree, passed longtime No. 1 AutoNation in new vehicles sold in 2022.



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Want a sunroof on your Dodge Demon? That'll be nearly $10,000, please

A sunroof doesn't fit the muscle car's 'ethos,' Dodge says. But customers who really, really, really want one will pay a hefty price.



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Saturday, April 1, 2023

Hyundai, Kia rack up double-digit gains

The U.S. auto market, driven by fleet sales, is forecast to rise 1 to 7 percent in March, capping a first-quarter rebound.



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