Experian finds hybrid financing jumps as EV demand cools
On the Dash:
Hybrids hit 16.80% of new vehicle financing in Q2, up from 12.99% last year
Hybrid loans carry the lowest average monthly payment at $646, beating EVs and...
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
About: Jason Becknell
AFIP director’s warning for dealers on the FTC’s pricing policy update
Federal regulators are recalibrating how they police pricing at dealerships, even as a fresh multimillion-dollar settlement shows they have no plans to back off auto retail entirely. Shannon Robertson, Executive...
Hyundai plans 100 new and refreshed models by 2030
On the Dash:
Hyundai will send 58 of more than 100 new or updated models to North America by 2030
The automaker is raising its operating margin target above 9%,...
Volkswagen’s CEO and union leaders clash over deeper cost cuts
On the Dash:
VW CEO, Oliver Blume pushes for deeper cuts as VW's cost gap with European rivals remains unresolved
Labor and Lower Saxony hold board majority, setting up a...
AutoTrust CEO: The answer to consolidation isn’t selling, it’s scale
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Mike Maroone on Carvana’s rise, Chinese vehicles and EV demand
Affordability pressure, a sharp pullback in EV demand, and new competition from disruptors like Carvana are reshaping how consumers shop for vehicles and how dealers compete for their business. Today...
Canada hits back with $20 billion in tariffs, U.S. automakers brace for rising costs
On the Dash:
Canada's counter-tariffs on $20 billion in U.S. goods take effect September 8.
Doubled steel and aluminum tariffs raise costs across the automaker supply chain.
Vehicles are untouched...
Honda targets U.S. for next plant as hybrids surge
On the Dash:
Honda is eyeing a new U.S. plant to meet growing hybrid demand, its eighth domestic facility.
The push follows Honda's first annual loss and a retreat from...
Rohrman Automotive’s push to sell cars on Amazon and improve customer data
The car buying process consumers grew up with looks less permanent by the year, as more buyers push dealers toward speed, digital tools and less friction in the sales process....
New vehicle sales holdsat 16.4 million SAAR as hybrid demand drives August growth
On the Dash:
Total sales pace holds at 16.4 million, but retail sales fall 6.9% year over year, JD Power reports
Average monthly payment hits a record $812 for August...
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