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The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.
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Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing. Transparent pricing upfront makes the car buying process more enjoyable for customers and allows Black Book to accurately measure retail market trends.
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According to the Cox Automotive forecast released today, October’s U.S. new-vehicle sales volume is expected to rise over 4% from last year and finish with 1.11 million units sold, delivering a sales pace for October of 14.3 million.
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Hyundai Motor Co. will focus on luxury models, SUVs and electric vehicles (EVs) to achieve record-high earnings in 2022.
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Renault SA and Nissan Motor Co. debate technology sharing as they negotiate an overhaul of their decades-old partnership.
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The steps Ford is taking now to cut costs and boost revenue could pay off in big dividends in the future.
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Federal agencies would have purchased more EVs had it not been for supply chain hurdles, the White House reported.
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Automakers will spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, EV batteries and raw materials.
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Continuing chip shortage bedevils world’s biggest carmaker, which falls short of a new record.
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BMW Board Chair Olive Zipse says the move will put vehicle ownership out of reach for many people, and could be politically dangerous.
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The grants will fund projects designed to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production.
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