BMW targets 5% margins by 2028 as it expands local production
On the Dash:
BMW is targeting a 3% to 5% automotive division margin by 2028, with a longer-term goal of 8% to 10% in the early 2030s.
The automaker plans...
TSLA399.810-3.49%
GM87.4001.68%
F12.225-0.135%
RIVN12.1600.71%
CYD22.450-0.81%
HMC33.9600.07%
TM195.710-0.92%
CVNA68.290-0.02%
PAG212.120-0.22%
LAD299.7202.66%
AN179.64010.3%
GPI260.8000.83%
ABG198.030-1.24%
SAH63.230-0.38%
TSLA399.810-3.49%
GM87.4001.68%
F12.225-0.135%
RIVN12.1600.71%
CYD22.450-0.81%
HMC33.9600.07%
TM195.710-0.92%
CVNA68.290-0.02%
PAG212.120-0.22%
LAD299.7202.66%
AN179.64010.3%
GPI260.8000.83%
ABG198.030-1.24%
SAH63.230-0.38%
TSLA399.810-3.49%
GM87.4001.68%
F12.225-0.135%
RIVN12.1600.71%
CYD22.450-0.81%
HMC33.9600.07%
TM195.710-0.92%
CVNA68.290-0.02%
PAG212.120-0.22%
LAD299.7202.66%
AN179.64010.3%
GPI260.8000.83%
ABG198.030-1.24%
SAH63.230-0.38%
Headlines
Mark Reuss backs EV investments even as Trump lowers fuel economy rules
On the Dash:
GM says it will keep investing in EVs despite new federal fuel economy rules.
The final rule sets a 34.9 mpg target for 2031 and $0 penalties.
...
NIADA dealers take 4 policy priorities to Capitol Hill
On the Dash:
NIADA is urging Congress to advance the REPAIR Act as part of the 2026 surface transportation reauthorization.
Dealers are seeking bipartisan action on catalytic converter theft while...
Toyota global sales fall 6.4% as China decline deepens in August
On the Dash:
Toyota sold 790,743 vehicles globally in August, down 6.4% from a year earlier, while production fell 5.9% to 700,860 units.
China sales plunged 22.8%, extending Toyota's year-over-year...
Volvo Cars freezes office hiring as shares sink, names new CEO
On the Dash:
Volvo Cars stopped external office hiring worldwide and paused internal recruitment, according to an internal memo.
Net cash dropped to SEK 10.1 billion ($1.01 billion) in June...
Robotaxi rides winning over autonomous vehicle skeptics, study finds
On the Dash:
Ownership of Level 2 and Level 3 vehicles nearly tripled in a decade, reaching 34%, Cox Automotive study finds.
Only 10% of consumers want a fully driverless...
Jim O’Connor, former Ford Division and Lincoln-Mercury president, dies at 83
On the Dash:
Jim O'Connor, former Ford Division and Lincoln-Mercury president, has died at 83
He led Ford Division, Lincoln-Mercury and Ford of Canada over 40 years at Ford
O'Connor...
Trump administration to cut 2031 fuel economy target to 34.5 mpg
On the Dash:
The new rules put the projected 2031 fleetwide fuel economy average at about 34.5 mpg, down from roughly 50.4 mpg projected under the 2024 standards.
Lower requirements...
Ford F-150 production halted at 2 plants amid parts shortage
On the Dash:
Ford halted F-150 production at Dearborn Truck Plant through Sept. 30, affecting roughly 3,500 to 4,000 workers.
Kansas City Assembly has canceled 15 F-150 shifts since Sept....
California dealers face new pricing and disclosure rules Oct. 1
On the Dash:
California dealers must disclose a vehicle's total price in ads and first written replies starting Oct. 1.
Used-car buyers can cancel within three days on vehicles priced...
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