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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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Analysts differ on the reasons and therefore whether drop will last.
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The latest acquisition is part of a strategic plan to increase market presence and expand its customer base.
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They will remain so until automaker’s dispute with Russian automaker GAZ is resolved.
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Milestone drives high demand for acquisitions, record-high prices for some franchises.
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NADA lauds measure, saying it preserves competition for consumers’ good while helping to preserve dealers’ livelihoods.
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Pattern could reverse as other market movements influence shoppers.
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The automaker predicts over 50% of its sales will be electric vehicles before 2030.
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Tax credit change that requires EVs be assembled in North America cited for the surge.
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Limits on repair locations and exclusive parts increase repair times and cost.
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Used-retail active listing volume index index sits at 0.99 points.
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