Kia hits pause on EV4 release in the US
On the Dash:
Kia has delayed the U.S. launch of its EV4 “until further notice,” citing changing market conditions.
The affordable 2026 EV4, expected to start around $30,000, was originally...
TSLA328.7406.66%
GM88.3600.68%
F14.240-0.1899%
RIVN15.8080.4534%
CYD47.9851.495%
HMC30.2200.62%
TM190.1203.95%
CVNA68.2702.14%
PAG218.1400.64%
LAD371.490-6.42%
AN215.355-0.075%
GPI288.770-3.37%
ABG223.210-4.76%
SAH87.4600.23%
TSLA328.7406.66%
GM88.3600.68%
F14.240-0.1899%
RIVN15.8080.4534%
CYD47.9851.495%
HMC30.2200.62%
TM190.1203.95%
CVNA68.2702.14%
PAG218.1400.64%
LAD371.490-6.42%
AN215.355-0.075%
GPI288.770-3.37%
ABG223.210-4.76%
SAH87.4600.23%
TSLA328.7406.66%
GM88.3600.68%
F14.240-0.1899%
RIVN15.8080.4534%
CYD47.9851.495%
HMC30.2200.62%
TM190.1203.95%
CVNA68.2702.14%
PAG218.1400.64%
LAD371.490-6.42%
AN215.355-0.075%
GPI288.770-3.37%
ABG223.210-4.76%
SAH87.4600.23%
Headlines
Scout Motors leans on extended-range EVs as full-electric demand weakens
On the Dash:
Over 80% of Scout Motors reservations are for extended-range EV versions, signaling strong consumer demand for gas-assisted range.
Full-electric Terra and Traveler models offer roughly 350 miles...
Ford recalls nearly half a million vehicles in the U.S. for multiple safety defects
On the Dash:
Ford is recalling nearly 500,000 vehicles in the U.S. this week for safety defects, including door panels, rear lights, windshields, and seat frames.
Dealers will replace defective...
IRS eases auto loan interest reporting for lenders under new tax law
On the Dash:
Lenders do not need to report 2025 auto loan interest directly to the IRS if borrowers receive a statement by Jan. 31, 2026.
The deduction allows consumers...
Luxury cars top the list of new vehicles resold within a year, iSeeCars reports
On the Dash:
Luxury vehicles dominate the top 10 most resold new cars, with rates eight times higher than the overall average.
Porsche is the most resold brand in the...
Japanese automakers face heavy headwinds as Nissan warns of $1.8 billion loss
On the Dash:
Nissan projects an annual loss of $1.8 billion due to tariffs and supply chain pressures, signaling continued market uncertainty.
Toyota and Honda expect to report lower profits...
Auto loan fraud growing among low-risk auto borrowers
On the Dash:
Credit washing lets borrowers temporarily boost scores by disputing accurate negative accounts to secure auto loans.
Auto loan fraud losses are highest among prime and super-prime borrowers,...
Carvana posts $5.8 billion in Q3 revenue as stock tumbles
On the Dash:
Carvana achieved record Q3 sales of 156,000 vehicles and $5.6 billion in revenue, with retail operations now driving profits.
Investor concerns about subprime lending risk triggered an...
Federal Reserve cuts interest rates to 3.75%-4% amid economic uncertainty
On the Dash:
The 0.25-point Fed cut could lower indirect lending rates, making financing slightly more affordable for new and used-vehicle buyers.
Dealer lenders have historically responded quickly to Fed...
GM temporarily lays off 5,500 workers amid EV market slowdown
On the Dash:
GM furloughed 5,500 workers across three U.S. EV plants due to slowing demand and loss of federal tax credits.
Factory Zero in Detroit, Ultium battery plant in...
