Regulation & Safety Bill with revamped EV tax credit passes Senate, heads to House The Inflation Reduction Act ends per-manufacturer limits for the $7,500 tax credit for electric vehicle purchases, a boost for electric vehicle makers. But the vehicles will have to be built in North America and carmakers will have to quickly end a reliance on China for the battery supply chain. Subscription Required Automakers & Suppliers Mazda pursues U.S. price hikes as profits plunge China China set to sell a record 6 million EVs in 2022, group says Subscription Required Dealers Used-vehicle retailer Vroom to cut jobs as Q2 sales volume dropped Subscription Required Suppliers Auto supplier Gissing North America files for bankruptcy Subscription Required Dealers CarGurus posts smaller Q2 profit on higher revenue Subscription Required Latest Numbers on the Microchip Shortage The latest numbers on the microchip shortage: North America hit hard Subscription Required Future Product Mercedes, BMW, Audi race to EV future Breaking News » Click here for more breaking news AM Newscast Keeping powertrains relevant Microchip shortage numbers Bob Brockman dies at 81 BMW's electric future See all First Shift RESOURCE CENTER PM NEWSCAST Senate passes new bill Senate passes new bill Compound Eye’s lidar alternative Mercedes-Benz EV future See all PM Newscasts Daily Drive Podcast August 8, 2022 What the Inflation Reduction Act might mean for the push to get more EVs on the road. 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  Fixed Ops Journal: Facing forward In this issue of Fixed Ops Journal, we look at how women are filling fixed ops roles, but obstacles persist. Women make fixed ops impact R.I.P for the CSI? Get up to speed with next FOJ Forum Dealerships need a plan for techs How to keep customers coming back Female or male service adviser? More Turn the pages of our digital edition Publishing Partners 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 Sponsored Content From Truist Prepare now for the next era of automotive retailing Sponsored Content From Haig Partners Buy-Sell Q&A: Future-proofing your dealership Cars & Concepts Lucid Air shows sporty side with Stealth Look option Cadillac compact EV borrows from Lyriq but has unique look BMW i4 EV to get entry-level version priced at $52,395 Access F&I GM Financial's Q2 profit drops EFG: Car dealers should thrive in remainder of 2022 Higher loss provision cuts Credit Acceptance Q2 income Best Practices Buick-GMC dealership finds recruiting female workers pays off Nissan-Subaru dealer fosters inside talent with training Why a Subaru dealer says ‘no thanks’ to nonlocal buyers willing to pay more Final Assembly Toyota cites social media pics to deny repair, then backtracks Jump in while you charge up, Tesla says ‘Piglets' comment puts case in the mud Future Product Pipeline Audi, BMW, Mercedes-Benz and Mini German luxury heavyweights are remaking their lineups for the new age with fleets of battery-powered models. Mercedes, BMW, Audi race to EV future EVs swarm Mercedes-Benz portfolio BMW is getting serious about EV sales Audi to keep lineup fresh amid EV shift Mini could get a leg up on EVs from China More MORE TOP HEADLINES Mobility Report Commercial EV startups are burning cash and in a race to deliver vehicles Regulation & Safety Automaker and chip CEOs were to meet ahead of Biden signing microchip legislation Subscription Required Dealers LMP board recommends liquidation plan; company set to sell 6 dealerships Subscription Required Obituaries Bob Brockman grew DMS giant Reynolds; faced tax evasion charge Subscription Required Automakers & Suppliers Unity game software to power new Mercedes-Benz infotainment domain Mobility Report House lawmakers trying to jump-start self-driving legislative push Subscription Required Dealers Brand and dealership loyalty decreasing as consumers pay more, GfK research says Subscription Required Mobility Report Tesla's breakthrough 4680 battery suffers slow ramp Subscription Required Executives VW dealers worry about ‘revolving door’ ahead of Scott Keogh’s exit Subscription Required Cars & Concepts BMW i4 EV to get entry-level version priced at $52,395 Load More Earnings Reports Ferrari lifts full-year forecasts after strong Q2 results Lamborghini generates record first-half results as it prepares for Europe's energy crunch Toyota supplier Denso's Q1 profit tumbles 41% despite higher revenue Larry H. Miller stores push Asbury to record Q2 net income Opinion EV tax credit gets surgery, but there are complications Dealerships need a plan to turn students into techs Get up to speed with next FOJ Forum Digital Edition THIS WEEK'S EDITION See our archive Fixed Ops Journal Read the issue See our archive Sign up for free newsletters Daily Summary (weekdays) Weekly Summary (Mondays) Breaking News Alerts (as needed) Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please verify captcha. Please select at least one newsletter to subscribe. See more newsletter options at autonews.com/newsletters. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy. Automotive News Jobs Board VIEW ALL AUTOMOTIVE JOBS POST A JOB