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Interest rate impact on dealership P&L more profound than easing consumer...

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The Federal Reserve’s 50 basis point rate cut in September was the first since March 2020 — and prior to the onset of the...

Weekly roundup: GM & Ford Face Tariffs, Newsom vs. Trump on...

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Earlier this week: GM and Ford brace for the impact of Trump's 25% import tariffs. Gov. Newsom and Trump go toe-to-toe over EV policy....
tariffs

GM and Ford brace for impact of Trump’s 25% import tariffs

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President-elect Donald Trump's proposal to impose a 25% tariff on imports from Mexico and Canada has sparked concern across the U.S. automotive industry. The...
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Auto industry urges Trump to keep EV tax credit and emissions...

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The auto industry has called on President-elect Donald Trump to preserve the $7,500 electric vehicle (EV) tax credit, a key component of President Joe...

2024 LA Auto Show highlights the value of auto shows in...

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The Los Angeles Auto Show is one of the nation's most prominent and influential auto shows. This year, it will occur from Friday, November...
Employees at the BlueOval SK Battery Park in Kentucky have officially launched a public campaign to join the UAW.

BlueOval SK Battery Park workers launch unionization campaign with UAW

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Employees at the BlueOval SK Battery Park in Glendale, Kentucky, have officially launched a public campaign to join the United Auto Workers (UAW), marking...
The Cadillac LYRIQ has emerged as the best-selling vehicle for the first three quarters of 2024, capturing the attention of buyers nationwide

Cadillac LYRIQ becomes America’s best-selling electric luxury SUV

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The Cadillac LYRIQ has emerged as the best-selling vehicle in its class for the first three quarters of 2024, capturing the attention of buyers...
pedestrian crossing crosswalk

NHTSA’s new rules seek to reduce pedestrian fatalities

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The National Highway Traffic Safety Administration (NHTSA) is implementing new measures to enhance vehicle safety with a dual focus on crash prevention and reducing...
General Motors (GM) is laying off nearly 1,000 employees globally, with most of the job cuts occurring in the United States. 

GM cuts nearly 1,000 jobs in global restructuring push

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General Motors (GM) is laying off nearly 1,000 employees globally, with most of the job cuts occurring in the United States. The Detroit-based automaker confirmed...
The Trump transition team is considering eliminating the $7,500 consumer tax credit for EV purchases as part of broader tax reforms.

Trump’s transition team eyes repeal of EV tax credit, sparking concerns...

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The Trump transition team is considering eliminating the $7,500 consumer tax credit for electric vehicle (EV) purchases as part of broader tax reforms. This...