Leasing gains momentum as buyers seek lower monthly payments
On the Dash:
Leasing made up nearly a quarter of new-car sales in 2024.
EV incentives drive leasing interest, with 70% of shoppers likely to consider it.
Lease-end buyout options...
TSLA406.4307.28%
GM81.5000.65%
F14.8400.13%
RIVN16.7601.22%
CYD50.0302.11%
HMC26.440-0.63%
TM174.9500%
CVNA64.100-3.72%
PAG180.960-0.06%
LAD313.3800.72%
AN191.530-2.54%
GPI325.3300.42%
ABG199.5300.05%
SAH84.6100.36%
TSLA406.4307.28%
GM81.5000.65%
F14.8400.13%
RIVN16.7601.22%
CYD50.0302.11%
HMC26.440-0.63%
TM174.9500%
CVNA64.100-3.72%
PAG180.960-0.06%
LAD313.3800.72%
AN191.530-2.54%
GPI325.3300.42%
ABG199.5300.05%
SAH84.6100.36%
TSLA406.4307.28%
GM81.5000.65%
F14.8400.13%
RIVN16.7601.22%
CYD50.0302.11%
HMC26.440-0.63%
TM174.9500%
CVNA64.100-3.72%
PAG180.960-0.06%
LAD313.3800.72%
AN191.530-2.54%
GPI325.3300.42%
ABG199.5300.05%
SAH84.6100.36%
Headlines
Used-vehicle demand outpaces supply as sales surge in July
On the Dash:
July sales rose 9% month over month and 7% year over year, as affordability challenges in the new-car market push buyers toward used vehicles.
Dealer lots held...
July sees boost in new-vehicle affordability and incentives
On the Dash:
New-vehicle affordability improved in July, aided by higher incomes, lower prices, and stronger incentives.
Average monthly payments fell to $748, with median weeks of income needed dropping...
EV fast chargers produce unexpected air pollution risk
On the Dash:
A UCLA-led study found that nearly half of 50 fast-charging EV stations in Los Angeles County had particulate pollution above WHO guidelines, mainly from charging equipment fans...
UAW rallies after 500 layoffs at Cleveland Cliffs’ Dearborn steel plant
On the Dash:
UAW President Shawn Fain led a march of several hundred union members to the Cleveland Cliffs Dearborn plant to protest the recent layoffs of over 500 workers....
Acura unveils RSX prototype, first in-house EV for 2026
On the Dash:
Acura’s RSX prototype is the brand’s first in-house EV, launching in the second half of 2026.
The RSX will debut Honda’s ASIMO operating system with OTA updates...
EV makers lose millions as Trump administration delays fuel economy enforcement
On the Dash:
Rivian, Lucid, and Tesla are seeing pauses in regulatory credit income due to the Trump administration’s rollback of U.S. fuel economy rules and the suspension of compliance...
New-vehicle inventory steadies at pre-tariff levels amid surging EV demand, rising incentives
On the Dash:
U.S. new-vehicle inventory began August at 2.68 million units, matching pre-tariff levels, with a 73-day supply.
EV sales are rising ahead of the September 30 tax credit...
VinFast spins off R&D department in $1.5B deal
On the Dash:
VinFast will spin off part of its R&D department into a new company called Novatech Research and Development SJC.
VinFast will sell all its shares in Novatech...
Cadillac unveils its Elevated Velocity concept, a high-performance all-electric crossover
On the Dash:
Cadillac’s Elevated Velocity concept blends V-Series performance, luxury, off-road capability, and advanced EV technology in a high-performance 2+2 crossover.
The concept introduces innovative drive modes and immersive...
