A group of more than two hundred importers, exporters, logistics providers, and retailers urged the White House to intervene in West Coast port labor talks that have been underway since last May.
New Jersey dealer and AIADA Chairman Mike DeSilva recently visited the Beltway Talk Podcast Studio to discuss some of the legislative challenges facing auto retailers, what drew him to get involved in AIADA, and how international nameplate dealers everywhere can make their voices heard on Capitol Hill.
The number of U.S. dealerships rose slightly in 2022 after dropping two years in a row, though new-vehicle sales per franchise, or throughput, declined nearly 9 percent amid reduced new-vehicle availability, according to Automotive News' annual dealership census.
The U.S. Treasury confirmed this week that it will issue guidance sometime next week on how the battery sourcing requirements of the Clean Vehicle Tax Credit (CVTC) will be implemented.
A joint forecast issued by J.D. Power and LMC Automotive projects that new-vehicle sales for the month of March will reach 1,330,700 vehicles. The figure, which includes both retail and non-retail sales, represents a 6.2 percent increase over the same month last year.
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