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Electric vehicles will generate far less service revenue than gas cars over their life expectancy. Tesla and other sellers of electric-only cars are bypassing dealers, selling directly to customers. Advanced safety technology in EVs is reducing crashes and the revenue from repairs. The transition to electric and advanced technology vehicles is poised to upend the auto dealer landscape, erode profit margins, and spark a massive industry consolidation. "The impact on the current auto dealer business model will be quite profound," Adam Jonas, the auto and shared mobility analyst at Morgan Stanle...

POLITICO Get the POLITICO Influence newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by Coalition for App Fairness With Daniel Lippman and Zach Warmbrodt VENUES STILL WAITING FOR CASH AFTER LOBBYING VICTORY: When the pandemic hit last year, concert and performing arts venues banded together to form the National ...

To embed, copy and paste the code into your website or blog: This potential expansion of CFIUS’s powers suggests broader congressional concern about attempts by Chinese entities to circumvent CFIUS reviews and access critical technologies. Background New legislation may soon expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) as part of a broader push by Congress to position the United States to “out-compete” China in the coming decades and counter China’s increasing global influence. On April 8, 2021, the US Senate Foreign Relations Committee p...

Agriculture your username 7 hours ago The Environmental Protection Agency (EPA) asked the District of Columbia District Court on Tuesday to dismiss two counts of a four-count complaint against its registration of the Dicamba herbicide; specifically, Count 2, purporting that the Endangered Species Act (ESA) buffer zones required in the registration violate the Administrative Procedure Act, and Count 4 relating to the EPA’s determination that Dicamba use would have “no effect” on endangered species or their habitats.  In its filing, the EPA argued that Count 2 regarding ESA Buffers shoul...

Introduction It has been almost three years since the 25% duties on steel imports and the 10% duties on aluminium imports pursuant to Section 232 of the Trade Expansion Act 1962 were first imposed by Presidential Proclamation 9705 and legal challenges are proliferating and there is renewed legislative interest in Section 232 reform.(1) For those looking for any signs of a swift removal of the duties, the wait continues. The administration's rapid decision to reinstate the Section 232 duties on aluminium imports from the United Arab Emirates within 13 days of their removal by President Trump u...