Attacks from short sellers and the collapse of auto lender Tricolor haven’t slowed down America’s most valuable used-car retailer A white 2024 Tesla Model Y slowly rolls down the lane through a crowd of mostly […]
Automaker says it overestimated demand for electric vehicles Jeep maker Stellantis said it would book charges of about $26 billion, the latest automaker to flush out massive investments in electric vehicles that many Americans are […]
With affordability top of mind for US voters as November’s midterm elections approach, Republicans have been focusing attention on one of the most visible pain points for consumers: the price of a new car. The average figure broke $50,000 for the first time […]
Every model listed is either a hybrid, available as one, or an electric vehicle for the first time Given the persistently high average price of a new car, it’s crucial for shoppers to choose a […]
The global transition to electric vehicles is beginning to unravel the way major changeovers often do: slowly at first, then all at once. This week brought a cascade of signals that the EV era is […]
The European Union proposed watering down rules that would have effectively banned the sale of new combustion-engine cars in the bloc from 2035, after heavy pressure from the automotive industry. The move announced Tuesday is the latest […]
Ford Motor Company said Monday it expected to take about $19.5 billion in charges, mainly tied to its electric-vehicle business, a massive hit as the automaker retrenches in the face of sinking EV demand. The […]
It’s no secret… making money selling cars is getting harder. As margins compress on the variable side of the dealership (car sales, finance, insurance), the fixed ops side of things (car service and parts) is […]
By Nick Carey While Western nations focus on the competitive threat of Chinese EVs, a different challenge is reshaping the auto industry. Beijing’s legacy automakers are saturating emerging and second-tier markets with fossil-fuel vehicles — often […]