Managing Automotive Blog

Five Questions, Five Answers

“The Federal Deposit Insurance Corporation took control of the bank’s assets on Friday. The failure raised concerns that other banks could face problems, too.”

For some reason — no one seems to know just why — the self-driving cars can’t stay away from a random sleepy block in Santa Monica.

After a two-week trial, a federal jury in West Palm Beach, Florida returned verdicts in favor of Napleton’s West Palm Beach Hyundai dealership and its managers and employees.

On January 11, 2023, a dispute settlement panel organized under the United States – Mexico – Canada Agreement (USMCA) released its Final Report in regard to a complaint lodged by Mexico and supported by Canada that the US was not applying the correct interpretation of the methodologies.

While it’s well known that the auto industry is undergoing an electric vehicle (EV) revolution, one of the industry’s offspring is experiencing a quieter but notable sea change as well — parking. 

On September 29, 2022, California Governor Newsom signed into law the Motor Vehicle Digital Number Plates Act (AB 984), which will give the Department of Motor Vehicle (DMV) authority to move forward with new vehicle registration technologies and to issue alternative devices for license plates.

ArentFox Schiff counseled its long-time client, Anderson Automotive Group, on the sale of its Acura, Honda, Jaguar Land Rover, Lexus and Mercedes-Benz automobile dealerships in Thousand Oaks, California.

ArentFox Schiff advised Knight Automotive Group in its acquisition of the Lasher Auto Group’s Elk Grove automobile dealerships, including Acura, Audi, Subaru and Volkswagen franchises as well as Northern California’s top selling Chrysler, Dodge, Jeep and Ram dealership.

ArentFox Schiff represented Group 1 Automotive, Inc. in its acquisition of Mercedes-Benz of Anaheim.

FTC Files Complaint Against Passport Automotive Group

Driverless car company Waymo already operates autonomous taxi fleets in Phoenix and San Francisco. On deck: Los Angeles.

Volkswagen spun off the German carmaker on the Frankfurt Stock Exchange, where its stock began trading higher despite a broader decline in European markets.

A reporter and a photographer went for a ride in an experimental autonomous vehicle operated by the General Motors subsidiary, Cruise. There were bumps in the road.

Ford CEO Jim Farley has said he doesn’t see a reduction in car dealerships but possibly expansion.

Gotion could spend up to $3.6 billion while adding 500 jobs initially and possibly 2,000 within 10 years.

Nvidia’s Thor is said to come with just as much power as Thor, the superhero.

In today’s podcast episode, Aaron Jacoby welcomes back Kim Linebarger and Lewis Fisher from Moss Adams to talk about how auto dealers can prevent and detect fraud in their businesses.

General Motors and the Environmental Defense Fund say they want to speed up the transition toward an electric vehicle future.

The latest projection from BloombergNEF puts the U.S. on track to hit a key target set by Biden last year, for half of all cars sold in the U.S. to be battery-electric, plug-in hybrid or fuel cell-powered by the end of the decade.

In response to customer insight about car buying habits, Ford has just unveiled new plans that will change what people expect from car ownership.

Five Questions, Five Answers

Mercedes-Benz and Volkswagen aim to shorten supply chains for their U.S. operations and avoid difficulties linked to tariffs and tax regulations.

The automaker said the move was needed to be competitive and reallocate resources.

The suit against the new DeLorean alleges that the high-ranked executives started Reimagined Automotive while ‘some or all’ of the defendants were still employed at Karma.