Retail Toyota's Jack Hollis expects 'one more year' of historically tight inventories Jack Hollis, head of sales for Toyota Motor North America, says dealership inventory levels won't be able to grow at all until perhaps the third quarter of 2023, and are unlikely to ever return to their pre-pandemic levels. Mobility Report U.S. extends public input on GM, Ford self-driving petitions Regulation & Safety GM recalls 484,155 SUVs in U.S. over potentially defective seat belt assembly Subscription Required Retail Tesla will regain EV tax credit in 2023 — but may not need it Regulation & Safety U.S. seeks information from Tesla on cabin camera in Autopilot probe Obituaries NADA showrunner Steve Pitt dies at 75 Subscription Required Mobility Report Volvo's Starbucks EV chargers could lower network costs Subscription Required Buy-Sell Morgan Automotive Group buys Lexus, Honda and JLR dealerships in Fla. Breaking News » Click here for more breaking news AM Newscast Jaguar shifts image Report: BMW adopts Tesla tech Berkshire Hathaway's Ally Financial stake General Motors' classics See all First Shift RESOURCE CENTER PM NEWSCAST Obstacles to EV ownership Obstacles to EV ownership IRS clarifies new EV rules Dodge makes some noise See all PM Newscasts Daily Drive Podcast August 18, 2022 Tesla will regain tax credits next year. Plus, more details on Inflation Reduction Act's impact on the industry. HEAR ALL DAILY DRIVES DEEP DIVES AND ANNUAL RANKINGS 2022 Future Product roundup Key changes in auto safety, connectivity and manufacturing 2022 Top suppliers We tracked 2021's dealership acquisition frenzy. Here are the numbers Why dealers are now selling used cars with 150,000 miles – or more Ranking the top retailers by used-car sales 2021's flurry of buy-sells reshuffles top 150 list New EV technologies A-to-Z on certified pre-owned 2021 Retail Forum 2021 Dealership best practices Examining the global chip shortage Best Practices Car dealership employees can see the doctor — at work Buick-GMC dealership finds recruiting female workers pays off Nissan-Subaru dealer fosters inside talent with training Publishing Partners Sponsored Content From Ally Ally All Ears Podcast | building customer loyalty during challenging times Sponsored Content From Experian Evolving identity beyond the “who” to enable the “how” Sponsored Content From OEC How to understand what customers are saying when they’re not saying it Sponsored Content From Ally Ally All Ears Podcast | reducing friction in the purchase process Sponsored Content From Ally Ally All Ears Podcast | practices you may incorporate into your F&I department Access F&I FTC proposal on saving records ‘extreme' Get F&I in front of customers sooner Buffett's Berkshire Hathaway triples stake in Ally Financial Cars & Concepts 2023 Kia Telluride gets off-road chops as crossover builds market momentum 2023 Dodge Hornet brings power, speed to compact crossover segment 6 cool features on the Cadillac Lyriq EV Final Assembly Scout's honor: Keogh gets history lesson McLaren goes off-road with its HySpeed shoe launch Usain Bolt's e-bike company ghosts 8 cities Fixed Ops Journal Women make fixed ops impact but still face hurdles UVeye scanners uncover auto wear and tear in service lane How dealerships can keep customers coming back for service Future Product FUTURE PRODUCT: Volvo, Jaguar, Polestar and Land Rover Volvo and Jaguar are re-imagining their lineups for an electric future, while Land Rover is taking a more measured approach. And EV-only newcomer Polestar is bringing products to reach a larger share of the market. Volvo, JLR prep for new EV era Volvo: Multi-EV rollout Jaguar: Rebirth coming into view Polestar: Attention to crossovers Land Rover: Orders fill up More MORE TOP HEADLINES China Tesla asks Chinese government to help secure power to suppliers China Geely grows EV ambitions as fossil fuel vehicle demand sinks Suppliers Korea’s SK invests $100 million in EV charging supplier Atom Power Automakers & Suppliers Hyundai Mobis aims to separate key auto businesses into new units Subscription Required Buy-Sell Sonic Automotive buys Audi store in Maryland from AutoNation Subscription Required Cars & Concepts Dodge's Charger Daytona SRT Concept will make plenty of noise despite being an EV Subscription Required Cars & Concepts 2023 Porsche 911 GT3 RS is a track-focused coupe packing 518 hp Executives Tesla denies report that legal chief who conducted internal probe has left Mobility Report EV adoption: Lack of chargers, broken stations may be obstacle Subscription Required Dealers Dealer Kitty Van Bortel's lawsuit against Ford dismissed Load More Earnings Reports Rivian's net loss grows Honda focuses on deliveries, rather than recession talk, as profits fall CarGurus posts smaller Q2 profit on higher revenue Mazda pursues U.S. price hikes as profits plunge Opinion Online player Shift Technologies signals need for revised used-car strategy More than one path to the top? 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