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New vehicle demand remains on track to make 2024 the best sales year since the COVID-19 pandemic, despite a small speed bump in April.

New vehicle sales set to fall in April but maintain healthy...

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New vehicle sales are set to decline in April after a strong first quarter but will maintain a healthy pace thanks to better affordability,...

Rivian offers ‘Electric Upgrade’ discounts of up to $5k with combustion...

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Electric vehicle start-up Rivian is offering an "Electric Upgrade" promotion to new customers who trade in specific combustion models in honor of Earth Day.  Eligible...
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into a serious issue- the abrupt activation of the automated emergency braking systems in approximately 3 million Honda Motor vehicles.

NHTSA investigates over 3 million Honda vehicles after 47 crashes reported

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On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into...
EV startup Fisker expands dealer network to improve finances. New dealer in Miami and Europe added after price cut for Ocean electric SUV.\

Fisker expands dealer network after Ocean electric SUV price cuts

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California-based electric vehicle (EV) startup Fisker is seeking to improve its financial situation by expanding its dealer network. The company has recently recruited a...
Used vehicle values dropped in March compared to last year but remained mostly stable from February, despite an increase in sales.

Used vehicle prices dip again in March amidst sales surge

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Used vehicle prices at auction were stable month-over-month in March but declined sharply from last year, following months of normalizing inventory levels in both...
Ford delays Canadian release of electric pickup and three-row EV

Ford delays Canadian release of electric pickup and three-row EV

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On April 4, Ford Motor announced that it had postponed the release of its next-generation electric pickup truck and its three-row EV vehicles in...
Ford reported a strong Q1 sales performance, increasing its market share due to its diverse range of gas, hybrid, and electric vehicles.

Ford’s diverse vehicle range and innovative features are driving strong Q1...

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In the first quarter (Q1), Ford had a strong sales performance and achieved growth in its market share. This growth was due to the...
Nissan & Mitsubishi team up to catch up in the EV market as both automakers plan to produce an electric pickup in Mexico.

Nissan, Mitsubishi partner to produce electric pickup trucks for U.S. market

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Japanese automakers Nissan and Mitsubishi are partnering to catch up to the U.S. market as it shifts towards electric vehicles. The companies have agreed...
Genesis offered a sneak peek into what lies ahead for the expanding luxury brand with the Neolun, a brand-new all-electric concept vehicle.

Genesis unveils the ‘Neolun’ a new all-electric SUV concept

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On March 26, Genesis offered a sneak peek into what lies ahead for the rapidly expanding luxury brand with the Neolun, a brand-new, large,...
The number of trade-in consumers with negative equity increased in Q4 2023, underscoring the headwinds facing used vehicle buyers.

Negative equity sets new record in previous-quarter’s used vehicle market

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Negative equity in the used vehicle market grew in the final months of 2023, underscoring normalizing trends in the preowned segment. Edmunds noted high levels...