DEALERS RETAILING MORE USED
Based on sales data for the first six months of each calendar
year dating back to 2013, franchised dealerships are retailing more
used vehicles this year than ever. The National Automobile Dealers
Association shared that sales trend on Wednesday afternoon as a
part of its midyear version of NADA Data 2019, a biannual financial
profile of America's franchised dealerships highlighting major
milestones in the retail automotive industry.
Source: Auto Remarketing
PAYNE: UAW-GM FIGHT EXPOSES FEARS OF AN EV FUTURE
The General Motors Co. strike has united the United Auto Workers
and their Democratic political allies over demands for more pay and
job security. But the walkout also has opened a rift between the
union and Democrats focused on a Green New Deal's electric
vehicle future. Long supporters of government mpg mandates to force
a transition to EVs, the UAW has gotten cold feet as studies
— including one from its own research department