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U.S. luxury market

Tesla wins top spot in U.S. luxury market, first American winner...

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Tesla has become the first American brand in 25 years to reach the top of the U.S. luxury market, beating out 2021's winner BMW. In...
LFP

Ford and CATL confirm new LFP battery factory, announce location

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Yesterday afternoon, Ford and Chinese battery maker CATL confirmed a new lithium iron phosphate (LFP) battery factory in Michigan. The news arrives some weeks after...
Brian Maas

What the California car market can tell dealers about 2023 —...

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California is the most populated state in the U.S. with thousands of dealerships serving incredibly diverse demographics, which explains why storeowners pay close attention...
Stein

Ford, Farley and Formula 1: A peek into the brand’s future...

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Jason Stein is the host of Cars & Culture on SiriusXM, an automotive history podcast featuring interviews from business leaders such as Volkswagen CEO...
auto workers

DOL and Mercedes-Benz team up to train the next generation of...

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This Wednesday, the U.S. Department of Labor revealed a collaboration with Mercedes-Benz USA to train and equip future auto workers for their careers in...
used car market Monthly wholesale & SAAR prices decline in first half of October.

What changes can dealers expect to see in the used car...

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A crystal ball look into the 2023 used car market will be cloudy as this part of the industry responds to more stable new...
automotive consumer trends

Deloitte reveals the automotive consumer trends emerging in 2023

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Consulting and advisory firm Deloitte has published its Global Automotive Consumer Study for this year, revealing the automotive consumer trends that are likely to...
climate change goal

Automakers on track to miss IPCC climate change goal

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Electric vehicle brands Polestar and Rivian have released a study predicting the global automotive industry will only achieve a quarter of the IPCC's climate...
Challenges facing EV adoption in 2023

3 obstacles to EV adoption in 2023 that dealers should know...

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Electric vehicles (EVs) have grown in popularity over the last couple of years. Whether it’s the Chevrolet Bolt or the Hyundai Ioniq, it’s almost...
ev tax credit eligibility

Biden expands EV tax credit eligibility after automaker complaints

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EV tax credit eligibility was expanded last week in response to complaints from Ford, General Motors and Tesla over the Inflation Reduction Act's SUV...