Tag: market trends

As the dust from the COVID pandemic settles on the automotive industry, M&A activity has become more energetic than ever. Dealers are now taking...

Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales. The optimistic forecast arrives just after Porsche...

Last week, Cox Automotive reported a 4.3% increase in wholesale used-vehicle prices in February. According to the report, this is the largest monthly gain for...

In the latest J.D. Power Customer Service Index study, buyers again reported declining satisfaction, the first year-over-year drop since 1995. The negative trend in the...

An analyst at investment firm Berenberg has downgraded Tesla's stock rating from buy to hold, following an unexpected series of price cuts and an...

Ford has announced that it will increase production for some of its best-selling vehicles, after becoming the top-seller in the U.S. during February. In its...

Dealers understand the importance of excellent customer service more than anyone. But under the influences of technological advancements and financial crises, consumer needs have...

Certain versions of Tesla's Model S and Model X have been discounted by an additional 4% and 9% respectively, following unexpected lineup-wide price cuts...

Lordstown Motors has revealed it has $220 million in cash as it looks to resume production after production was paused in February. The company, founded...

Volkswagen announced a strong sales forecast for 2023, anticipating revenue between 307 billion euros ($326 billion) and 331 billion euros ($352 billion). The news comes...