Paige Hodder Automotive News Intern [email protected] See All Staff Page Recent Stories Stellantis, Ford, GM and Mercedes-Benz dealerships trade hands in Q4 Stellantis, Ford, GM and Mercedes-Benz dealerships sold in fourth-quarter transactions across Montana, Missouri, New Jersey and Michigan. GM hires former Tesla exec to head mergers and acquisitions The automaker's newest vice president, Zach Kirkman, spent six years at Tesla and six years at Apple prior to that. ICE fueling costs fall below price of EV charging in the midrange segment, study says An analysis of late-2022 fueling costs by the Anderson Economic Group says midpriced ICE drivers are paying an average of 31 cents less than midpriced EV drivers charging at home. Tennessee dealership finance manager charged with theft A finance manager at Chuck Hutton Chevrolet in Memphis, Tenn., has been accused of pocketing cash payments from customers. Hyundai-Genesis, Toyota, Stellantis and Ford dealerships sell in Q3, Q4 deals Dealer Terry Taylor added a dealership to his portfolio, a former Lithia Motors general manager bought his first store and other dealers expanded their store holdings in third-quarter and fourth-quarter transactions in 2022. 8 brands struggle with U.S. conquest retention, study shows Dodge, Ram, Audi, Mazda, GMC, Volkswagen, Acura and Mercedes-Benz are all in the heat of a "nomad retention challenge" in the U.S., a new report from S&P Global says. Hertz Electrifies program launches in Denver Lincoln, GM and Ford dealerships sell in deals across 4 states Lincoln, Cadillac-Buick-GMC, Chevy and Ford dealerships traded hands in Q4 and Q1 transactions in four states. Vice President Harris, visiting Michigan, touts manufacturing in green-conscious economy Vice President Kamala Harris and Energy Secretary Jennifer Granholm were in Michigan for the Thursday conversation about climate policy. Ark. dealer sues VW of America, says VW store 20 miles away infringes on turf Crain Volkswagen of Fayetteville says the establishment of Everett Volkswagen in Rogers encroaches upon its territory and is a violation of its franchise agreement. Six N.J. dealerships settle to resolve allegations of consumer protection violations Six settlements were reached with dealerships in New Jersey to resolve allegations of consumer protection violations in fall 2022. The settlements ranged from $8,000 to $180,000, with the combined settlements totaling over $260,000.