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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 StaffFebruary 1, 2022

Black Book: Weekly Market Insights

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 StaffFebruary 1, 2022

U.S. House Panel Will Hold Hearing on Autonomous Vehicles

A U.S. House panel will hold a hearing on self-driving vehicles next week as a push in Congress to speed deployment of autonomous vehicles stalls.

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Newsby StaffFebruary 1, 2022

India’s Tata Motors' Shares Slip After Quarterly Loss

Shares of India's Tata Motors Ltd dropped 3.7% after the Jaguar Land Rover (JLR) owner reported a larger quarterly loss than expected.

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Newsby StaffJanuary 27, 2022

Slim Inventory and High Prices to Cause Dip in January Vehicle Sales

Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.

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Newsby StaffJanuary 27, 2022

Kelley Blue Book: 10 Takeaways from 2021 U.S. Auto Sales

Kelley Blue Book has pulled out 10 interesting takeaways from last year’s market performance – a final look at 2021.  

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Newsby StaffJanuary 26, 2022

Biden Touts Build Back Better to Key CEOs

The White House hosted the chief executives of major U.S. companies including auto and tech sector firms this week to discuss President Joe Biden's $1.75 trillion Build Back Better legislation.

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Newsby StaffJanuary 25, 2022

Black Book: Weekly Market Insights

Weekly declines continued last week, but the rate of decline is still less than is typically experienced this time of year. Sellers are holding firm to floors, and we have yet to see conversion rates return to pre-holiday levels.

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Newsby StaffJanuary 21, 2022

Intel CEO Urges Moving Chip Production to U.S. and Europe

CEO Pat Gelsinger says government funding is needed to address an overconcentration of production in Asia. 

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Newsby StaffJanuary 20, 2022

Autonomous Vehicle Development to be Stalled by Technological and Regulatory Barriers

Global Data predicts that focus will shift onto ‘lower-level’ AVs that require greater human supervision, while merger & acquisition (M&A) activity will continue to be driven by transport technology such as robotaxis. 

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Newsby StaffJanuary 19, 2022

Despite Inventory Shortage, High Prices, Overall Car Buyer Satisfaction Remains Near Record Levels

The 12th annual Cox Automotive Car Buyer Journey Study reveals that overall car buying satisfaction remains at a near-record level, with the number of highly satisfied buyers higher than before the pandemic.

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