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Mexico auto group rejects U.S. proposal on NAFTA rules of origin

The Mexican Auto Industry Association rejected U.S. proposals to increase North American content for light vehicles produced in the region and require, under a new NAFTA deal, that half of all content come from the United States.


Chief Economist Szakaly will leave NADA for health system

Steven Szakaly, chief economist for the National Automobile Dealers Association, is leaving the group early next month to run data analytics and consumer insights for a major health system.

UPDATED: 10/19/17 6:15 am ET - adds link
How a move to N.Y. is reshaping Cadillac

In the three years that Johan de Nysschen has been running Cadillac, he has moved the global headquarters to New York's SoHo and has pushed sales to their highest levels in three decades.

UPDATED: 10/10/17 4:04 pm ET - adds link
Porsche launches subscription pilot in Atlanta

Drivers in Atlanta can subscribe to drive a Porsche as part of a pilot program beginning in November. Porsche Passport will give members flexible access to Porsche's sports cars and other vehicles.

UPDATED: 9/11/17 5:18 pm ET - adds details
Irma forces dealerships, ports to close

Tropical storm Irma swung further west than expected but still hammered the auto industry in the Southeast, cutting power and closing ports. Some Florida dealers plan to reopen Tuesday.

Houston dealers assess damage

Virgil Skinner, past chairman of the Houston dealers association, laid out what he expects his peers to do in the next few days. The message he is sending is that the post-Harvey recovery will be tedious and painful, but vital. "It's going to take the better part of a week for dealers to actually get into their stores, assess the damage and come up with a plan to get back in business," Skinner said. "Not just for themselves but especially for the employees."

UPDATED: 7/25/17 4:15 pm ET - adds stock close
Asbury's Q2 net drops 13% to $32 million

Asbury Automotive's second-quarter net income dropped 13 percent to $31.9 million on lower profit margins per new and used vehicles sold.

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