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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...
tax credit

Dealers need more straightforward guidance for EV tax credits

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To almost no one's surprise, the Federal Government's attempt at explaining the new consumer EV tax credit only caused more confusion. It was hoped...
2018 Twitter post

Jury rules Elon Musk not liable for damages caused by 2018...

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A San Francisco jury has ruled that Elon Musk is not liable for damages stemming from a 2018 Twitter post which claimed Tesla could...
fixed operations

How will EVs affect fixed operations revenue?

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A 2017 article in Automotive News undoubtedly caused indigestion among franchised dealer executives by foretelling how EVs would cause fixed operations to drop. In...
lithium mine

GM invests in world’s third largest lithium mine to secure EV...

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Following in the footsteps of other automakers, General Motors has secured EV material production by dedicating $650 million in investments towards the largest lithium mine...

Hyundai starts the year off strong with record breaking January sales

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Yesterday, Hyundai released its January sales report, offering good news for investors and dealers alike. The company started 2023 off strong by selling 52,001 units...