April 2022

TOKYO — Honda Motor Co., in the midst of a massive corporate makeover, is planning a radical ramp-up of electric vehicles in North America, from barely any sales today to enough factory firepower to sell 800,000 in 2030 as the Japanese automaker piles on local capacity to build battery-powered cars. Part of that surge will

Supply constraints sent dealerships’ new-vehicle inventory levels plunging last year, and while 2022 could bring a slight improvement in vehicle production, the industry may not see relief until at least next year, according to the National Automobile Dealers Association. But the coronavirus pandemic and microchip shortage also have made dealers more creative and efficient in

Early last year, a sales employee at Delray Buick-GMC in Florida submitted a two-week notice of resignation. Another staffer signaled he was thinking about doing the same. After the dealership had forged some success hiring a younger generation of sales employees new to the industry, the news of the likely departures triggered a rethink by

Surging demand for light trucks could have BMW expanding production south of the border. BMW is exploring plans to build its top seller — the X3 compact crossover — at its underutilized Mexico assembly plant, according to a production forecaster who has familiarity with the discussions. Such a move would give the luxury automaker elbow

Automotive mirror supplier Gentex Corp. said ongoing supply chain issues and a decrease in vehicle production led to a worse first-quarter financial performance compared with a year earlier. The automatic dimming rearview mirror and camera-based driver-assistance system company said Friday that its first-quarter net income decreased 23 percent to $87.5 million. Gentex earnings are typically