Association News

Here, in the motor court of a $55 million Newport Beach estate, climbing into the rear of the Lucid Air for test ride, we’re already skeptical. Beneath the Jackson Pollock-esque camouflage wrap, the California-based marque's prototype has the futuristic lozenge shape we’ve seen in photos, but...

Good news for workers! Uber is raising prices, which means you can feel a little less guilty about using the private taxi service, because its drivers will finally get paid a fair wage, right? Not so fast: while Uber is raising its booking fee,...

Waymo, the company spun out of Google's self-driving car technology, on Thursday filed a lawsuit accusing Uber and Otto, a company Uber acquired last year, of stealing intellectual property. Waymo is suing both Uber and Otto, a startup that was acquired by the San Francisco...

Elon Musk is burning through cash and may need to raise more soon to produce the mass-market electric sedan Tesla Inc. is banking on to reach the mainstream consumer. A capital raise would provide more cushion to the smallest and youngest publicly held U.S. automaker,...

Auto Deals Want Congress to Reconsider Tax The American International Auto Dealers Association (AIADA) and the National Automobile Dealers Association (NADA) joined the Border Adjustability Tax Coalition in sending a letter to Congressman Kevin Brady (R-TX), chairman of the House Ways and Means committee.  While expressing support for...

Jim Fitzpatrick, CEO of CBT Automotive Network interviewed Cody Lusk, President of the AIADA this week and they discussed the impact a Trump presidency will have on the import auto business, the proposed Border Adjustment Tax (BAT) , Tesla business model of selling new...

Car Sales will Stabilize in 2017 Steven Szakaly, chief economist of the National Automobile Dealers Association, predicts sales of 17.1 million new cars and light trucks in 2017. “We are headed toward a stable market for U.S. auto sales, not a growing market,” Szakaly said. “The...

Auto Nation takes car shopping to new heights With car shoppers more savvy then ever, the dealer model is being turned on its head. The traditional car-buying experience of going to three or four dealerships, kicking tires and getting wined and dined by a series of...