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New vehicle sales set to fall in April but maintain healthy...
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...
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.Â
Eligible...
NHTSA investigates over 3 million Honda vehicles after 47 crashes reported
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...
Fisker expands dealer network after Ocean electric SUV price cuts
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 prices dip again in March amidst sales surge
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
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’s diverse vehicle range and innovative features are driving strong Q1...
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 partner to produce electric pickup trucks for U.S. market
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 unveils the ‘Neolun’ a new all-electric SUV concept
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,...
Negative equity sets new record in previous-quarter’s used vehicle market
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...