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Newsby StaffAugust 8, 2022

EV Tax Credits May Put Brakes on EV Adoption

Major automakers say the $430 billion bill approved Sunday by the U.S. Senate will put the brakes on achieving U.S. electric-vehicle adoption targets for 2030.

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Newsby StaffAugust 4, 2022

Serious Delinquencies Normalizing to Pre-Pandemic Levels as Many Lenders Make Concerted Effort to Expand Access to Credit

Q2 2022 TransUnion Credit Industry Insights Report explores latest credit trends.

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Newsby StaffAugust 4, 2022

Subaru Sees Q2 Profit Hike

Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.

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Newsby StaffAugust 3, 2022

Ford Motor Co. Sees Sales Rebound in July

Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.

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Newsby StaffAugust 3, 2022

Black Book’s Used Vehicle Retention Index Dropped in July

The Retention Index decreased to 189.4 points in July as consumer confidence remained at historic lows.

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Newsby StaffAugust 3, 2022

Uber Doubles Q2 Revenue

The company saw revenue more than double to $8.1 billion as customers continued to hail rides and order takeout food.

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Newsby StaffAugust 2, 2022

Weekly Market Insights Report

Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.

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Newsby StaffAugust 2, 2022

GM Seeks to Prevent Quick Flips of High Demand Vehicles

General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.

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Newsby StaffAugust 2, 2022

Ford Stock Surges 32%

Ford Motor stock hit its best month since the Great Recession, advancing nearly 32% since its 127.4% surge in April 2009.

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Newsby StaffJuly 28, 2022

Senate Passes CHIPS Bill on 64-33 Vote

The House is expected to also pass the bipartisan bill that earmarks billions of dollars to boost domestic semiconductor production.

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