
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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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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Holiday shopping didn’t stop supplies from surpassing previous year highs.
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GM, Stellantis, five others aim to build bigger charger network than US EV market leader’s.
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The volume-weighted, overall truck segment decreased 0.50%, smaller than the prior week’s decrease of 0.70%, though all 13 truck segments fell.
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Automaker says North American performance was down.
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Milestone puts battery-electric models in third place behind hybrid-electrics and gas-powered models.
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Muscle cars and EVs are among the models on the chopping block.
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Kia and Volvo will lead the way with introductions of SUVs with third-row seating in coming months.
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Electric midsize pickups, full-size SUVs and sports cars are planned.
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JD Power survey shows declining satisfaction for two consecutive years.
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House committees express concerns over human rights regarding Michigan battery plant project.
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