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Here’s a closer look at the top automotive stories and more headlines to catch up on this week in automotive industry news.

Automotive weekly roundup: Vinfast’s EV charging network, new vehicle affordability, Biden...

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Earlier this week: Pham Nhat Vuong, founder of VinFast, launched V-Green to develop a global EV charging network, aiming to enhance VinFast's market presence...
New car affordability improved in February thanks to income growth, price declines, lower interest rates, and healthy demand.

New vehicle affordability hits highest point in 2.5 years—prices, rates decline

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New vehicle affordability improved marginally in February as prices and interest rates declined and income growth continued, reflecting the car market's slow but steady...
New vehicle demand caused supply levels to fall over the course of February as the car market continued to show signs of normalization.

New vehicle inventory shrinks in early March as sales rise and...

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Resilient consumer demand in February spurred new vehicle sales forward but dragged inventory levels down from January's above-average supply. The pace of sales intensified last...

Automotive weekly roundup: Falling new vehicle prices, rising negative equity, Chevy...

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Earlier this week: New car prices took another dip, nudging closer to their pre-pandemic norms, especially for electric vehicles, which saw the sharpest declines....
New vehicle prices weakened in February as incentives, sales, and inventory surged, making the market more consumer friendly.

New vehicle prices continue falling in February as sales pace accelerates

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New vehicle prices dropped again in February, progressing toward pre-pandemic averages while sales and inventory improved. According to Cox Automotive, the average new vehicle transaction...

Tesla leads as used EV prices drop, GM resumes Chevy Blazer...

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Inside Automotive  Why the demand for F&I products is rising – Adam Marburger | Ascent Dealer Services In the current economic climate, where interest rates are...
Brian Moody joins Inside Automotive to discuss the ongoing trend of declining new vehicle prices and why this might actually help dealers.

New vehicle prices are falling. Why aren’t dealers worried? —...

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New vehicle sales are holding steady in the U.S. as dealers prepare for a busy market in the months ahead. Unfortunately, the same can...
Rivian surprised the industry with three, rather than one, new electric SUVs, which emphasize affordability through a smaller profile.

Rivian pauses Georgia plant to focus on 3 new electric SUVs

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Electric vehicle startup Rivian unveiled not one, not two, but three new battery-powered SUVs during a presentation hosted by founder and CEO RJ Scaringe...
Toyota North America's executive vice president of sales, Jack Hollis, shares his views on electric vehicles and the hybrid market.

Toyota EVP Jack Hollis on EVs, vehicle affordability, and inventory

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Toyota has taken a slower path to electrification than its competitors, choosing instead to prioritize hybrid and hydrogen-fueled vehicles. Although this tendency won the...
"In addition to HEV batteries, PEVE plans to begin producing batteries for BEVs (battery EVs) and PHEVs (plug-in HEVs)," stated Toyota.

Toyota acquires control of PEVE, expands electric battery production

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On March 5, Toyota announced its agreement with Panasonic Holdings to acquire one of its joint ventures and turn it into a wholly owned...