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Technology

Navigating the Red Tape: EV Manufacturers Challenge Antiquated Dealer Franchise Laws.

May 11, 2026 at 8:54 AM

Electric vehicle manufacturers like Rivian and Lucid are pushing back against restrictive state-level franchise laws that prevent direct-to-consumer sales, leading to complicated and inefficient customer experiences in various US states.

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Business

Melstacorp Subsidiary Named Official BMW Importer and Dealer in Sri Lanka.

Melstacorp PLC has announced that its subsidiary, Mels Automobiles, has been appointed as the official importer and dealer for BMW vehicles in Sri Lanka, marking a significant expansion into the premium automotive market.

May 4, 2026 at 8:23 AM
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Business

The Vanishing Mom-and-Pop: How Consolidation is Reshaping the U.S. Automotive Retail Industry.

Small, family-owned car dealerships are increasingly being acquired by large retail conglomerates as the automotive industry shifts toward greater consolidation, technological advancement, and higher capital requirements.

April 18, 2026 at 12:06 PM
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