NADA fights to save floorplan interest deduction in Senate tax bill

NADA hopes to whip up grassroots support to block a provision in the U.S. Senate's tax bill that would limit the ability of dealers to write off interest expense on vehicle inventories.

Ala., N.C. present stark differences in bid for $1.6 billion Toyota-Mazda factory

Alabama and North Carolina are reported to be the last candidates in the bidding for the Toyota-Mazda joint factory, presenting stark differences in their offerings.

BMW probe into cartel allegations needs more time, Krueger says

BMW has hired a law firm to help with an internal investigation of an alleged cartel among German carmakers and needs more time before any conclusions can be reached, CEO Harald Krueger said.