Staff
Editorial
MENU
SEARCHMENUSEARCHEditorial
New-vehicle sales volume has been averaging just over 1.05 million each month since last August, and this February is not expected to buck the trend.
Read More →
Alternative fuel vehicles now represent nearly 16% of new vehicle financing; banks originated more than 55% of new alternative fuel vehicle loans.
Read More →
Aluminum jumped up to 4.8% to $3,449 a ton on the London Metal Exchange, while nickel rose to the highest level since 2011.
Read More →
CEO Jim Farley says the automaker has no plans to spin off its EV business during a virtual Wolfe Research investor conference.
Read More →
Volkswagen and its top shareholder have prepared a preliminary agreement to list Porsche to boost the parent company's valuation and fund its push into EVs.
Read More →
A coalition has asked the U.S. Treasury Department to grant relief to dealers employing the LIFO tax deferment strategy who face excessive tax bills this spring.
Read More →
Telluride, Sorento, Carnival, K5, Soul and Rio were named Car and Driver 2022 Editors' Choice award winners, selected from more than 400 models tested.
Read More →
The Estimated Average Weekly Sales Rate has dropped to 61% this week, after a few weeks at 62%. This is not surprising as wholesale buyers try to anticipate consumer sentiment and wholesale seller behavior.
Read More →
LMP Automotive Holdings Inc. plans to terminate seven pending purchases of many auto dealerships due to an inability to secure financial commitments.
Read More →
Volkswagen plans to decide on location for new plant and increase production output in the second half of 2022, reports company officials.
Read More →