The global supply chain crisis has exposed some of the weak points in the just-in-time manufacturing model, according to a pair of industry experts. Yet, the disruptions will likely lead automakers to adjust — as opposed to replace — the method at the root of essentially all modern vehicle production. “I don’t think you’re going
Unvaccinated workers at General Motors’ CAMI Assembly Plant have been forced onto unpaid leaves of absence following the automaker’s Sunday vaccination deadline, according to the union that represents hourly workers at the plant. Mike Van Boekel, Unifor chairperson for the Ingersoll, Ont., assembly facility, confirmed Monday an undisclosed number of Local 88 members have been
Editor’s note: This story has been updated to reflect the puchase price listed in Sonic’s Dec. 9 regulatory filing. Sonic Automotive Inc. has completed what CEO David Smith has called the group’s largest acquisition ever with its $950.2 million purchase of RFJ Auto Partners Holdings Inc. The acquisition, which was revealed in September and
But according to the complaint, a Ford representative on Oct. 25 told Kitty Van Bortel that Henderson Ford had entered into a new purchase agreement to sell the store to West Herr Automotive Group and that the automaker would not exercise a right of first refusal. The Van Bortels allege in their complaint that that
CDK Global Inc. agreed to drop its legal challenge to a state law in Arizona that gives auto retailers more control of data inside dealership management systems, saying the company instead will focus on its software products. U.S. District Judge G. Murray Snow last week signed an order dismissing CDK’s claims in the case following
Wholesale used-vehicle prices set new records once again in November as consumer demand remained high amid continued inventory shortages. Cox Automotive’s Manheim Used Vehicle Value Index, which tracks vehicles sold at Manheim’s U.S. auctions, rose 44 percent in November compared with the same month in 2020. The November index increased 3.9 percent from October, according