
Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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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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Repossessions are beginning to show up in the market and with fuel prices returning to a level last seen in February of this year, the Car segment valuations are taking the hardest hit.
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Groups acquire various brands, and one also buys a commercial truck business.
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