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Used-Vehicle Sales Jump in February
Softening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
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SEARCHMENUSEARCHSoftening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
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Automaker announces plans to double EV production as competitors see EV inventories pile up.
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Presence of EV lithium-ion batteries has challenged rescue operation.
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Company delays production targets for electric vehicle unit.
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Analysts predict further declines while auto retailer CEOs predicted sustained gross profits higher than 2019.
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Says its production hit a record in first six months as sale rise.
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Reuters says US EV market leader inflated batteries’ capacity in ads, dashboard meters.
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Diversified holdings company believed to be raising cash to help fund new Nashville stadium.
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The automaker’s popular crossover, the Rogue, saw a 69% increase in sales in the first half of the year.
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