Top 5 stories of the week: Stellantis dealers want help; Honda cuts U.S. margins; Baltimore bridge collapses; more

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pHere's a quick rundown of those and the other stories that were our top five by reader interest./p

The week of March 25 consisted of several worried dealers. Stellantis dealers are concerned about slumping sales and want the automaker to do something about it. Acura dealers fear their margins might be cut next. 1. Stellantis look to reverse downward sales

“It’s no secret Stellantis’ market share has been dropping both in the U.S. and in Canada,” Murray Haukaas said. American Honda will reduce dealership profit margins on new vehicles and make other changes designed to help support the company's costly transition to electric vehicles, according to a corporate memo obtained by sibling publication Automotive News.

"Obviously, Honda dealers are not happy about the change," a dealer who asked not to be identified told Automotive News.The U.S. automotive supply chain will be disrupted by the collapse of the Francis Scott Key Bridge in Baltimore, dealing another blow to America’s automotive ecosystem still recovering from pandemic-related setbacks.

 

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