Tag: auto industry news
How ARRA is looking to upend the direct-to-consumer EV market —...
Dealers concerned about OEMs and industry disruptors that aim to sell electric vehicles directly to consumers may have a possible solution in ARRA, a new...
DeSantis approves bill partially banning direct-to-consumer car sales in Florida
Florida Governor and Republican presidential candidate Ron DeSantis has signed off on a bill prohibiting car manufacturers from using direct-sales models in the state.
DeSantis signed the law, along...
Toyota unveils electric vehicle plans amidst shareholder outcry
Toyota has revealed plans to heavily boost electric vehicle development and production amidst shareholder protests over its slow-moving progress on electrification.
The Japanese car manufacturer published a...
GM and Samsung choose Indiana as site for new EV battery...
General Motors and Samsung SDI have agreed to build a new electric vehicle battery plant in Indiana roughly three weeks after local officials offered a generous...
3 tips for helping trade-in customers with negative equity — Sean...
The number of consumers with negative equity has grown in the post-pandemic era, making trade-ins more difficult for all parties. On this episode of...
Consumers paying more for new vehicles as ATP increases in May
Average transaction prices (ATP) for new vehicles increased slightly in May, although consumers continued to pay below the manufacturer's suggested retail price (MSRP) for...
Ultium-powered Chevrolet Bolt a possibility after comments from CEO Mary Barra
General Motors CEO, Mary Barra, has hinted that a third-generation Chevrolet Bolt could be in the works, despite a previous announcement that production would...
Bloomberg’s midyear outlook: EV disruptors take center stage — Kevin Tynan...
Bloomberg Intelligence recently released its 2023 North American Auto Manufacturing Midyear Outlook. On this episode of Inside Automotive, CBT News host Jim Fitzpatrick is...
Talking shop: vehicle affordability, digital retailing, and philanthropy — Mike Darrow...
TrueCar, a digital dealer based in California, is the nation's "easiest, most efficient and transparent online destination for buying and selling new and used...
Access to auto loans declines over May, credit tightening continues
Auto loan availability dropped to a two-year low in May under restrictive lending standards as consumers struggled to obtain financing for their vehicle purchases.
According...