Top 5 stories of the week: Penske buys largest Ford dealership; the economics of EV ownership

Ed Brown, who took over the dealership from his father in the 1970s, died last year. The store most recently was operated by his children, Tom Brown and Ruth Ann Brown. (COURTESY OF BILL BROWN FORD FACEBOOK PAGE)

July 19, 2024 03:47 PM

Featured Stories

Nissan mulls plant closings in Japan and Mexico, reports say

The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.

By:

Bloomberg News

Nissan

How Ivan Espinosa’s shock therapy aims to restart Nissan ‘heartbeat’

Tariffs already hurting vehicle affordability as more price hikes loom

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

Manufacturing

By:

John Irwin

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says