The latest data from Kelley Blue Book, a Cox Automotive company, shows consumers are paid more for both non-luxury and luxury new vehicles in October.
The data shows that the average...
Dealer associations claim that Ford Motor Company is breaching some franchise regulations and unfairly burdening its retail network with expensive restrictions for the sale of electric vehicles in at least...
For most dealerships, the aim for 100% service absorption is a lofty goal. Achieved, it pays the overhead expenses completely for the month, alleviating pressure on the rest of the...
Tesla CEO Elon Musk has sold 19.5 million shares of his electric vehicle company for $3.9 billion (pre-tax) since taking over ownership of Twitter on Friday, November 4, according to...
Lucid Motors released its third-quarter financial results on Tuesday, reporting the company tripled the number of Air EVs produced compared with last quarter. The electric vehicle maker said it remains...
BMW Chief Executive Oliver Zipse says the premium brand won’t abandon the lower-priced market segment as it navigates the transition to electric vehicles.
“We are not leaving the lower market segment,”...
Toyota, Kia, Stellantis, Ford, and General Motors dealerships have traded hands in multiple transactions across five states during the second and third quarters of this year, Automotive News reports.
On September 26, Gilchrist...
Friday, November 11, is Veteran's Day, where we honor members of all military branches for their service as the country’s protectors. Across the nation, more than 2.2 million people are...
With inflation and higher prices still a factor across the country, a growing number of Americans are struggling to make their monthly auto loan payments.
A new report from TransUnion on...
Nikola Corp. announced on Tuesday that it will partner with ChargePoint Holdings, an EV charging company, to help speed up the deployment of the infrastructure needed for its commercial electric...