Tag: 2023
EV tax incentive delays could work in auto industry’s favor
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March.
Originally, the agency aimed to...
Microchip shortage now expected to last until next Christmas
While hopes of a supply chain recovery persisted throughout the year, industry insiders now expect microchip shortages to last throughout 2023.
Semiconductor and chip manufacturers...
New Edmunds report forecasts modestly improved new vehicle market in 2023
Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen...
Dealers report worst attitudes on record, according to Cox Automotive
Dealerships are less confident than ever about the car market, according to a new report released by Cox Automotive.
The study, which obtains quarterly data...
