EV Legislation Stirs Heated Debate
Automakers remain divided over the larger tax credit for EVs built in Union shops and other measures in the green energy plan.
October 13, 2021
Automakers remain divided over the larger tax credit for EVs built in Union shops and other measures in the green energy plan.
October 13, 2021
Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.
October 12, 2021
BMW is faring better than GM, and car dealers are coping better than component suppliers.
October 12, 2021
Report finds that the industry continues to rely on technology and customer feedback to improve the increasingly digital car-buying experience.
October 11, 2021
September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).
October 7, 2021
The seasonally adjusted Retention Index increased to 169.5 points, hitting another record this year.
October 6, 2021
As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.
October 5, 2021
GM sales fall short of Toyota Motor Corp. over two consecutive quarters.
October 5, 2021
Overall, recent polling indicates more Americans are feeling better about the quality of their financial life now, relative to their expectations, compared to the end of 2020.
October 4, 2021
IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.
September 30, 2021
U.S. new vehicle retail sales are expected to drop 888,900 units in September, from 1,182,788 a year ago.
September 30, 2021
The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.
September 28, 2021
Lease credit approvals reached 71.3% in August; Up from 70.0% in July.
September 28, 2021
Ford Motor Co. President and CEO Chris Farley names making electric vehicles more affordable and mining battery minerals in the U.S. as top priorities.
September 28, 2021
Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.
September 27, 2021
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