The polar vortex that blasted through much of the United States last month made selling cars as difficult as moving the snow mounds that rose up around David Martin’s dealership near New Hampshire’s Mt. Washington.
After laboring for five years to develop its aluminum F-150, Ford Motor Co. now confronts a new challenge: preventing higher insurance rates and a dearth of mechanics equipped to repair its body from deterring buyers.
Mike Jackson, chief executive officer of AutoNation Inc., says the largest U.S. auto dealer is stronger than ever. What’s not strong in his view is the U.S. economy, and that’s why he’s telling workers they won’t see higher paychecks anytime soon.