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An image of Penske Automotive Group's CEO Roger Penske

Penske Q3 profits drop amid BMW recall and rising interests costs

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Penske Automotive Group reported a 14% drop in net income in Q3 due to the BMW recall and rising interest costs. Penske, a diverse...
2023 chevy bolt

2023 Chevy Bolt gets a new price bump to ring in...

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Earlier this week, General Motors raised the price of its 2023 Chevrolet Bolt from $26,595 to $27,495, a $900 increase. The 2023 Chevy Bolt is...
battery tech

EV owners may soon earn cash back thanks to new battery...

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According to an experiment conducted by tech firm Fermata Energy, electric vehicle owners may one day be able to earn cash back for charging...
2023

New Edmunds report forecasts modestly improved new vehicle market in 2023

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Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen...
Caldwell

Edmunds Jessica Caldwell, shares the auto trends that are shifting into...

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The automotive industry first encountered severe difficulties as a result of the 2020 pandemic's ramifications. Jessica Caldwell, executive director of industry insights at Edmunds,...