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OEM executives see new normal for pricing, sales model in survey
OEM executives believe that the COVID pandemic has created a new normal for certain aspects of the car market, according to a survey conducted...
Car prices stagnate, Fain denounces Stellantis, Honda profits surge
Inside Automotive
Why now is the time for car dealers to change management strategies — Dale Pollak | vAuto, Cox Automotive
Over the last few years,...
How to avoid odometer fraud when acquiring used inventory — Kirsten...
Inventory is higher than it has been for dealers, but not by much, and dealers still need to fill their lots. On today’s CBT...
Tesla faces another lawsuit, Hyundai breaks EV sales record, GM reaches...
Inside Automotive
Examining electric vehicle demand in America's largest car market — Brian Maas | CNCDA
The California New Car Dealers Association (CNCDA) recently published its...
General Motors raises yearly guidance, but felt profit pressures in Q2
General Motors saw a complicated second quarter during which its profits rose significantly but with tighter margins than the year before.
According to its quarterly...
Biden administration pushes billions in grants toward its EV transition
On June 28, the Biden administration said it's looking to boost electric vehicle production with a $2 billion investment from his Inflation Reduction Act.
By...
Jim Farley criticizes Tesla’s Cybertruck in the wake of EV charging...
During an interview with CNBC, Ford's CEO Jim Farley expressed his outlook on the recent EV charging partnership between Ford and Tesla.
"When it comes to...
GM plans to invest over $1 billion to produce the next...
On June 5, General Motors announced its plans to invest more than $1 billion in two Michigan plants to produce its next-generation heavy-duty trucks.
The investment includes $788 million...
Debt ceiling vote: default avoided but uncertainty remains
In a last-minute vote to prevent a devastating national default, the Senate approved a bill suspending the debt ceiling on Thursday evening.
Having now cleared...