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Penske buys more U.K. used-only stores

Penske Automotive Group will buy The Car People, a used-only retailer in the UK, nearly doubling its used-only operations in that market.

BMW roasts big dealer in countersuit

Megadealer Norman Braman filed a federal lawsuit against BMW in September, arguing that changes to a bonus program illegally modified franchise agreements. Now BMW has issued a scorching response.

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Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

Dealer anniversaries

Dealers featured this week include Borton Volvo in Golden Valley, Minn., Dealer Principal Kjell Bergh and President Patrick Sutter; John and William Fox of Bill Fox Chevrolet in Rochester Hills, Mich.; and the North Carolina Automobile Dealers Association.

UPDATED: 12/5/17 10:58 am ET - adds excise tax detail
Auto sector escapes big hits in Senate tax bill

The auto industry fared better, on balance, in the tax bill that narrowly passed the Senate on Saturday than in the earlier House version. Now the industry will try to hold onto those gains.

L.A.'s hot new model? Subscriptions

Automakers took the opportunity at the Los Angeles Auto Show to promote alternatives to the basic retail sales model and the American tradition of personal car ownership.

UPDATED: 12/4/17 12:08 pm ET
GM: November sales decline 2.9% on cars

The automaker, behind weaker car demand and lower fleet shipments, reported sales last month declined 2.9 percent compared with November 2016.