Dealers featured this week include Michael and Lisa Vadasz, dealer principals of Otto's BMW in West Chester, Pa.; Greg Smith, dealer principal of Piedmont Honda in Anderson, S.C.; and Joe Pritchard, owner of Chrysler of Forest City in Iowa.
Volkswagen plans to spend about €44 billion ($50 billion) over the next five years on a comprehensive electrified mobility strategy that includes making at least 15 million battery-powered autos and further research into autonomous driving
Nissan Chairman Carlos Ghosn was arrested in Japan, and the Japanese carmaker he once saved from the brink of bankruptcy now plans to fire the high-flying executive for allegedly being the “master mind” behind “significant” financial misconduct. The move against Ghosn -- also head of the global behemoth Renault-Nissan-Mitsubishi Alliance -- sent shock waves around the automotive world on Monday.
Port Freeport, in the middle of the Texas Gulf Coast, began handling autos in June 2015. Last year, Horizon Terminal Services processed about 45,000 new vehicles for General Motors, and volumes are up about 30 percent through the first three quarters of 2018, said Jason Miura, the port's business development manager.