Tag: Ford

New Auto Tariffs Now Bring the Unthinkable

Finished automobiles no longer flow freely across North America, and key automotive free trade agreements have been scrapped. Graphic: BBM As our Chief Economist Jonathan Smoke feared, the “unthinkable” has happened. New automotive-specific tariffs of 25% on all imported vehicles are now in place.  Finished automobiles no longer flow freely across North America, and key… Continue reading New Auto Tariffs Now Bring the Unthinkable

Overall Fleet Sales Rise for First Time Since October 2024

All the gains in fleet sales in March were seen in the rental segment, showing the strongest level of sales for any month in the last three years. Graphic: Bobit Among commercial, rental, and government fleets, March 2025 sales totaled 229,950 vehicles, up 2.3% compared to 224,833 vehicles sold in March 2024, according to Bobit… Continue reading Overall Fleet Sales Rise for First Time Since October 2024

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs

Trucks are shown from a drone view after clearing U.S. Customs and entering the United States from Tijuana along the U.S. Mexico border at Otay Mesa port in San Diego, California, U.S. April 2, 2025.  Mike Blake | Reuters DETROIT — As President Donald Trump‘s 25% tariffs on imported vehicles were set to take effect,… Continue reading Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093

Pinnacle Mergers & Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation

This transaction underscores Pinnacle’s leadership in Colorado dealership M&A SOUTHLAKE, Texas, April 4, 2025 /PRNewswire/ — Pinnacle Mergers & Acquisitions, a nationally recognized auto dealership brokerage firm, has facilitated the successful sale of Groove Ford and Groove Mazda in Denver, Colorado, to AutoNation (NYSE: AN), one of the largest automotive retailers in the United States. Pinnacle… Continue reading Pinnacle Mergers & Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation

@Ford: Lincoln’s Dianne Craig to Retire After 38-Year Career; Joaquin Nuno-Whelan Named to Lead Global Lincoln

DETROIT, April 4, 2025 – Ford Motor Company today announced that Dianne Craig, president, Lincoln, has elected to retire at the end of April after an accomplished 38-year career with the company. Joaquin Nuno-Whelan will succeed Craig as president, Lincoln.  Craig has served as president of Lincoln since late 2022. During her tenure, Lincoln diversified… Continue reading @Ford: Lincoln’s Dianne Craig to Retire After 38-Year Career; Joaquin Nuno-Whelan Named to Lead Global Lincoln