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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 23, 2023

US EV Sector Winner in Charger System Expansion

Analysis finds Tesla would be both winner and loser.

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Newsby StaffFebruary 23, 2023

Vehicle Affordability a Rising Concern

Average manufacturer retail price nearly $50K, with some models exceeding six figures and $75K pickups the norm.

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Newsby StaffFebruary 23, 2023

GM to Shutter Truck Plant for Two Weeks

Automaker to pause production at Fort Wayne Assembly truck plant, which builds full-size trucks.

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Newsby StaffFebruary 22, 2023

Stellantis Sees Surge in Adjusted Operating Income

The automaker’s adjusted operating income from North America soared 23% to $14.8 billion.

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Newsby StaffFebruary 22, 2023

Modest Gains in February New Vehicle Sales

Cox Automotive forecasts sales will increase nearly 4% from 2022 and from January 2023.

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Newsby StaffFebruary 22, 2023

Toyota Dominates Dependability Findings

Study ranks it highest in industry, whose overall results improve.

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Newsby StaffFebruary 22, 2023

Tesla Prices Best Rivals’

EV leader's cuts have started an industry price war.

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Newsby StaffFebruary 21, 2023

Black Book: Weekly Market Report

Now in week three of February, we continue to see the wholesale market improving.

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Newsby StaffFebruary 17, 2023

Mercedes Expects Lower Earnings This Year

Direct sales planned in some markets to help cut costs.

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Newsby StaffFebruary 17, 2023

Used-Vehicle Supply Drops in January

Pushes wholesale prices higher.

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