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Dealers have received reimbursement from point-of-sale customer EV tax credit payments in advance, according to a Treasury report.

Treasury reports U.S. auto dealers get $580M in advance EV tax...

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Since January 1, auto dealers have received reimbursement from the U.S. government for nearly $580 million in advance point-of-sale customer electric vehicle (EV) tax...
Joining us on today's episode of Inside Automotive is Karl Brauer, Executive Analyst for iSeecars, highlights EVs depreciating value

Depreciation study shows EVs lose value fastest – Karl Brauer |...

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A study by iSeecars.com sheds insight on cars that lose the most value after just one year and those that retain the most value....
Ford has slashed prices on its 2024 F-150 Lighting electric pickup amidst a modest surge in EV affordability.

Ford confirms Lightning pickup price cuts ahead of release

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Ford has confirmed price cuts to the F-150 Lightning battery-powered pickup, joining automakers such as Tesla in efforts to improve electric vehicle affordability. On April...
Ohio Senator Sherrod Brown is calling on the White House to implement an outright ban on electric vehicle imports from China.

Lawmaker escalates attack on China-made electric vehicles, calls for ban

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Calls for a ban on China-made electric vehicles have escalated in recent weeks following the launch of an investigation in February into whether such...
Toyota officially revealed the improved 2025 4Runner, which marks the launch of an entirely new sixth generation of the popular off-road SUV.

Toyota unveils all-new 2025 4Runner with turbocharged engine options and advanced...

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The Japanese automaker Toyota has officially revealed the new and improved 2025 Toyota 4Runner, which marks the launch of an entirely new sixth generation...
The study analyzed 463,000 new and used car sales from March 2024 and found the average days on the market for new cars decreased by 21.6%,

iSeeCars reveals new car sales are slowing down while used car...

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New car dealerships are experiencing a change in supply and turnover. According to a study by iSeeCars, the average new car takes 54 days...
China's EV industry is driving a surge in ship orders, suggesting it could have the world's fourth-largest fleet of car carriers by 2028.

China’s EV exports surge boosts global ship orders, puts pressure on...

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China's electric vehicle (EV) export industry is causing a surge in orders for car-carrying ships, with predictions suggesting that China could have the world's...
On April 3, Ford began offering $1,500 Tesla Competitive Conquest Bonus Cash on all versions of the Mach-E models form 2023 and 2024

Ford offers Tesla owners up to $10K in savings on the...

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On April 3, Ford began offering $1,500 Tesla Competitive Conquest Bonus Cash on all versions of the Mach-E, including the 2023 and 2024 Mustang...
The National Highway Traffic Safety Administration (NHTSA) announced that Ford will recall 42,652 Bronco Sport and Escape vehicles in the United States

NHTSA says Ford recalls more U.S. SUVs due to fire risks

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On Wednesday, April 10, 2024, the National Highway Traffic Safety Administration (NHTSA) announced that Ford will recall 42,652 Bronco Sport and Escape vehicles in...
New data suggests that used electric vehicle prices have fallen nearly 30%, boosting affordability at a critical time for the market.

Electric vehicle affordability on the rise as consumers hunt for deals

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Electric vehicle prices are plummeting in the U.S. due to lower-than-expected demand. New data indicates that this may be exactly what the segment needs. Recurrent,...