Dealers featured this week include Michael and Lisa Vadasz, dealer principals of Otto's BMW in West Chester, Pa.; Greg Smith, dealer principal of Piedmont Honda in Anderson, S.C.; and Joe Pritchard, owner of Chrysler of Forest City in Iowa.
Volkswagen plans to spend about €44 billion ($50 billion) over the next five years on a comprehensive electrified mobility strategy that includes making at least 15 million battery-powered autos and further research into autonomous driving
Port Freeport, in the middle of the Texas Gulf Coast, began handling autos in June 2015. Last year, Horizon Terminal Services processed about 45,000 new vehicles for General Motors, and volumes are up about 30 percent through the first three quarters of 2018, said Jason Miura, the port's business development manager.
Provisional agreement on a new North American trade pact was supposed to reduce economic uncertainty for the industry after months of acrimonious negotiations. But less than two weeks before the official signing of the U.S.-Mexico-Canada Agreement, auto interests are worried that U.S. tariffs on raw materials and vehicles will wipe out any potential benefits.