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The EPA's surprise decision last week to uphold its greenhouse-gas targets keeps the auto industry pretty much where it was before the presidential election.
Penske Automotive Group has launched its own line of standalone used-car stores with the planned purchase of CarSense, which owns five used-only stores in the Philadelphia, Pittsburgh and southern New Jersey.
Former Fiat Chrysler general counsel Marjorie Loeb is re-establishing ties with the auto industry, having been named a partner in the corporate and securities practice of Mayer Brown in Chicago.
At the moment, the auto industry is mad at Wall Street. CEOs sound like the comedian Rodney Dangerfield, who used to say: "I don't get no respect."
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