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Afeela EV Brand Fails to Leave the Factory

Sony-Honda venture cancels two planned models, the first of which had been pegged for a mid-2026 California delivery debut. The brand’s direct sales had been challenged by the state’s auto dealers, but the venture cites Honda’s EV retreat.

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Newsby StaffJune 21, 2022

Acquisitions Continue for Two Automotive Groups

West Herr Automotive Group purchased a Mazda dealership this month while Gee Automotive Cos. purchased another Subaru dealership

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Newsby StaffJune 21, 2022

Russian Automaker Producing Vehicles Without Standard Safety Features

AvtoVAZ has started building vehicles without airbags, antilock brakes and other safety features because international sanctions have blocked imports of needed parts.

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Newsby StaffJune 16, 2022

Auto Execs Say Consumer Demand Remains Strong

GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.

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Newsby StaffJune 16, 2022

Honda and Sony Corp. Ink Deal for High Value EV Venture

Honda Motor Co. and Sony Corp. have entered agreement to set up a “high-value-added” electric vehicle venture under the name Sony Honda Mobility Inc.

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Newsby StaffJune 14, 2022

GWC Warranty Partners with NIADA to Offer Exclusive CPO Benefits to Dealers

Vehicles certified under this program meet the highest standards in the pre-owned market and are closely inspected, upgraded, and backed by both the NIADA name and limited warranty coverage from GWC.

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Newsby StaffJune 14, 2022

Automaker Production Schedules Continue Freefall Due to Chip Shortage

The number of vehicles canceled from automaker production schedules worldwide due to the shortage now exceeds 2 million, according to AutoForecast Solutions.

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Newsby StaffJune 14, 2022

Automakers Urge Congress to Lift EV Tax Credit Cap

Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.

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Newsby StaffJune 7, 2022

Automakers Report Greater Access to Semiconductor Chips

With an improved chip supply, carmakers are at work whittling down order backlogs.

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Newsby StaffJune 2, 2022

Though EV Sales Will Triple by 2025, More Will Be Needed to Reach Net Zero

The window to get the world’s road emissions to carbon neutrality by 2050 is ‘closing quickly,’ BloombergNEF (BNEF) says in its latest Electric Vehicle Outlook.

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Newsby StaffJune 2, 2022

May Light Vehicle Sales Results Show Double-Digit Declines

The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.

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