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Car Buyers to Find Sparse Lots This Labor Day Weekend – What’s News

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated.

Marc Stewart: Walmart raises its minimum wage. Plus, more automakers cut production amid the global chip shortage and how that’s making it even harder to buy a car.

Nora Naughton: If you find a car that works for you, you should really walk away with it in that moment.

Marc Stewart: And why some Millennials are taking a break from work. It’s Friday, September 3rd, I’m Marc Stewart with the Wall Street Journal. Here’s the A.M. edition of What’s News, the top headlines in business stories moving your world today.
We begin in Japan, where prime minister Yoshihide Suga said he won’t seek re-election as ruling party leader later this month, effectively ending his term after just a year in office. Suga’s decision to step down may bring

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Karma Automotive Named “Official Luxury Vehicle of the Las Vegas Raiders and Allegiant Stadium” | News

IRVINE, Calif., Sept. 1, 2021 /PRNewswire/ — Karma Automotive and the Las Vegas Raiders announced today that Karma has been named the “Official Luxury Vehicle of the Las Vegas Raiders and Allegiant Stadium.”

“As one of the most prestigious franchises in not just all of professional football, but the world, the Raiders and Allegiant Stadium are an ideal partner for Karma,” said Karma Automotive CEO Dr. Lance Zhou. “The loyalty and devotion exhibited by the team’s die-hard fans is reminiscent of the excitement we receive from Karma enthusiasts.”

Karma will sponsor a variety of consumer-driven experiences and events geared to the Raiders’ loyal fans — offering them the opportunity to enjoy and interact with Karma like never before.

“We welcome Karma Automotive as the ‘Official Luxury Vehicle of the Las Vegas Raiders and Allegiant Stadium’ and are pleased to feature their products for Raider Nation,” said Raiders President,

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Nutson Weekly Auto News Wrap-up August 22-28, 2021


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AUTO CENTRAL CHICAGO – August 29, 2021: Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s
“take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Links to full versions of today’s news nuggets along with a million pages of the past 25 year’s automotive news, articles, reviews and archived stories residing in
The Auto Channel Automotive News Library can be found by just copying and then inserting the main headline into the News Library Search Box.

Nutson’s Automotive News Wrap-up – Week Ending August 28, 2021; Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-digest news nuggets.

* Cox Automotive Forecast: In August, new light-vehicle sales in the U.S. are

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Jason Stein to leave Automotive News; KC Crain assumes publisher role

DETROIT — Jason Stein, publisher of Automotive News for the past eight years, is leaving Crain Communications Inc. to host SiriusXM’s new radio show, “Cars & Culture with Jason Stein,” and launch Flat Six Media, a global media services and broadcasting platform.

The announcement was made Tuesday by KC Crain, CEO of Crain Communications, who will succeed Stein as Automotive News publisher effective Sept. 15. In addition, Josh Freed has been named head of strategy.

Stein, 49, joined Automotive News as a reporter in 2003 after a journalism career that included positions in Canada, Ohio and Indiana. He was publisher of Automotive News Europe from 2006 to 2009 and editor of Automotive News from 2009 to 2017. He is a vice president of Crain Communications.

“It’s been an honor to work for one of the greatest business-to-business media organizations,” Stein said in a statement. “I am

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