The Biden administration is attempting to find a balance between encouraging domestic production and ensuring competitive prices for EVs.
Lithia, AutoNation, Asbury, Penske, Sonic and Group 1 pay a relatively modest base CEO salary but then sweeten compensation with other incentives. DeBoer's 2023 total jumps 73 percent.
The latest U.S. tariffs on China may score political points, but there are trade-offs.
Overall, registrations for battery-electric vehicles rose 3.8% in March compared with the year-earlier month. Ford, Hyundai and Kia gained significant share in the EV segment, S&P Global Mobility said.
The Automotive News 'Daily Drive' podcast is doing a series of conversations about the role of AI in multiple corners of the auto industry.