After lowering the cost of its best-selling models several times since the beginning of the year, Tesla revealed that it had increased its prices by up to $290 in Canada,...
The J.D. Power 2023 U.S. Aftermarket Service Index (ASI) Study revealed that overall satisfaction declined year over year in the studyās three segments: quick oil changes, full-service maintenance and repair,...
Auto retailers have commonly averaged the last three years of earnings to estimate expected future profitability. This methodology proved to be an effective predictor of future earnings for the years...
After all the research, test drives and negotiations, when a customer chooses to purchase a car, they are putting their trust in the hands of the dealer.
Beyond the large financial...
The Federal Reserve is set to deliberate another interest rate hike starting May 2 after inflation edged upward once more.
The increase would bring the Fed's total number of adjustments since...
The Biden Administration is considering a delay to a rule proposed by the Environmental Protection Agency (EPA), which would allow electric vehicle makers to earn credits for biofuels.
The proposal, initially...
According to a recent report by used car dealer CarMax, Toyota was the most traded-in brand for used EVs in the U.S. between September 2022 and February 2023, with 12%...
The nation's auto insurers are caught in a cycle of escalating premiums, high inflation, and an increase in defection,Ā J.D. Power's 2023 U.S. Insurance Shopping StudyĀ revealed. The study shows that auto...
U.S. new-vehicle inventory levels rose sharply in December and crested to 1.8 million for the first time since May 2021.¹ That bit of good news has been tempered by an...
In itsĀ first-quarter financial report released on April 28, Mercedes-Benz reported substantial growth thanks across its automotive segments but noted that economic conditions remained uncertain.
According to the report, the German automaker...