SPOTLIGHT: Jimmy Powell, fixed operations director at Horne Auto Group

SPOTLIGHT: Jimmy Powell, fixed operations director at Horne Auto Group https://ift.tt/QcG2aX1

Some insight on Jimmy Powell, fixed operations director at Horne Auto Group

Upstart: Layoffs won't significantly alter auto lending, digital retail businesses

Upstart: Layoffs won't significantly alter auto lending, digital retail businesses https://ift.tt/EwIlWrg

Though layoffs occurred within its auto businesses, Upstart doesn't expect its auto digital retail and underwriting operations to experience major impacts.

Congress reintroduces bill to stop surge of catalytic converter thefts

Congress reintroduces bill to stop surge of catalytic converter thefts https://ift.tt/yYvjQIF

The legislation aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles.

NADA reinforced software industry's responsibility for many retailer processes

NADA reinforced software industry's responsibility for many retailer processes https://ift.tt/rove5sN

Amid the convention flash and dazzle, auto retail tech companies pledged to solve many systemic problems.

LIFO tax relief bill for dealers to be reintroduced in House

LIFO tax relief bill for dealers to be reintroduced in House https://ift.tt/aUEBckG

House sponsors plan to reintroduce the Supply Chain Disruptions Relief Act, which would give dealerships up to three years to replace their inventory before having to pay taxes on inventory sales from 2020 or 2021.

VW will not match Tesla price cuts for its EVs, CEO Blume says

VW will not match Tesla price cuts for its EVs, CEO Blume says https://ift.tt/IWBO98r

VW aims to become a global leader in EVs through profitable growth, not discounting, CEO Oliver Blume tolda German newspaper.