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The grants will fund projects designed to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production.
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FTC accused Passport Automotive Group of deceitful ads, charges, and discriminatory lending.
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Carmaker says it aims to produce own energy for manufacturing, as it debuts EV Jeep Avenger.
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Repossessions are beginning to show up in the market and with fuel prices returning to a level last seen in February of this year, the Car segment valuations are taking the hardest hit.
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CDK Global offering polls U.S. customers on car availability and more.
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Groups acquire various brands, and one also buys a commercial truck business.
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Cites geopolitical, local-competition issues.
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Adds vehicles up to 10 years old and with as many as 100K miles.
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Cox Automotive believes the likely range of severely damaged vehicles that could need replacement is between 30,000 and 70,000 vehicles.
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