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Weekly roundup: U.S. delays Canada tariffs as deal nears, Ford & GM clash on trade policy, Stellantis weighs Brampton plant sale
ICYMI: The U.S. delayed 50% tariffs on Canadian goods for three days as Trump cited a tentative trade deal. Ford and GM publicly back North American auto production but privately push differing trade priorities. Stellantis is considering selling its idled
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Carvana's new-vehicle sales surge as online model challenges traditional CDJR dealers
On the Dash: Carvana is effectively expanding the reach of its CDJR dealerships by shipping new vehicles to buyers far beyond their local markets. Traditional dealers can compete by making online purchasing, remote delivery, and trade-in options easier fo
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Foundation Automotive deemed insolvent, Stellantis delays Belvidere reopening, Hyundai eyes Georgia plant expansion
Top Stories Foundation Automotive 'insolvent' after losing $5 million judgment appeal. Read More Stellantis delays Belvidere reopening as new platform anchors turnaround strategy. Read More Hyundai weighs expanding Georgia plant capacity to 800,000 vehicl
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Joe Ghaben acquires Genesis of Glenview in Illinois
Joe Ghaben acquired Genesis of Glenview in Illinois, with Performance Brokerage Services serving as the exclusive sell-side advisor.
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Foundation Automotive 'insolvent' after losing $5 million judgment appeal
On the Dash: Foundation Automotive's CFO told a North Dakota court the company is insolvent, and creditor HPS Investment Partners has taken control of its board. The U.S. Court of Appeals for the Eighth Circuit upheld a $4.7 million judgment against Found
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