Rivian saw its shares drop about 7% in pre-market trading on Monday after the California-based electric vehicle maker was forced to recall almost all of its vehicles, adding to concerns...
According to UBS, the largest vehicle manufacturers in the US are likely to face difficult times in the coming months, as consumers continue to face rising inflation and higher ticket...
Both the Manheim Used Vehicle Value Index and non-seasonally adjusted prices showed a steep decline year-over-year for the month of September.
Wholesale used-vehicle prices decreased by 3.0% from August to September,...
Electric vehicle sales are continuing to grow around the world. Therefore, one would think that all automakers would be jumping into this arena and going full steam ahead — especially...
Five years after the unveiling of the Tesla semi truck prototype, the company says it's finally ready to deliver the first batch to Pepsico Inc.
In a tweet, Tesla CEO Elon...
Electric vehicle newcomer Polestar has released its global volumes report for the third quarter, saying it delivered approximately 9,215 vehicles during Q3. That brings the company's total deliveries for the...
Research shows that many car buyers are taking home monthly loan payments of $1,000 or more.
According to Edmunds, 14.3% of buyers who financed a new vehicle in the third quarter...
The Labor Department released new unemployment numbers for the month of September, showing that job growth fell short of expectations despite hopes that a rate jump from the Federal Reserve...
It's restating the obvious, but the car business doesn't operate in a vacuum. This is especially the situation when it comes to the pre-owned side of things. Record-setting new vehicle...
The idea of an outgoing individual willing to be bold, energetic, and almost a little pushy is what most consumers expect when interacting with a car salesperson. Extroverted personalities tend...