Tesla California registrations tumble in Q2 amid political distractions

Ashby Lincoln - July 23, 2025

Tesla’s electric vehicle registrations in California fell 21.1% year-over-year in the second quarter, marking its seventh consecutive quarterly decline in the state, according to data from the California New Car...

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Lucid Air gains Tesla Supercharger access

Colin Fitzpatrick - July 23, 2025

Starting July 31, all Lucid Air electric vehicles, regardless of model year, will gain access to over 23,500 Tesla Superchargers in North America through a Lucid-approved NACS adapter. The update...

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Trump urges major Fed rate cuts, questions Powell’s motives, and backs probe into central bank spending and effectiveness.

White House pressure on Fed intensifies as Trump signals Powell’s exit

Jasmine Kiniklis - July 22, 2025

Tensions between the White House and the Federal Reserve continue to escalate as President Donald Trump sharpens his criticism of Fed Chair Jerome Powell. During a bilateral meeting on Tuesday...

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New data from the 2025 Urban Science and Harris Poll Automotive Buyer Influence Study highlights a disconnect between dealerships & consumers

Dealers optimistic even as buyers remain cautious, study finds

Jaelyn Campbell - July 22, 2025

New data from the 2025 Urban Science and Harris Poll Automotive Buyer Influence Study highlights a widening disconnect between U.S. auto dealers and consumers. While most dealers feel more confident...

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GM reported a 34.5% decline in 2025 Q2 net income to $1.9 billion, primarily due to tariffs, warranty costs, and EV inventory adjustments

GM profits fall 35% in Q2 despite strong U.S. sales

Ashby Lincoln - July 22, 2025

General Motors reported a 34.5% decline in second-quarter 2025 net income to $1.9 billion, primarily due to tariffs, warranty costs, and EV inventory adjustments. Total revenue for the quarter came...

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Tesla settles Louisiana direct sales lawsuit

Jasmine Kiniklis - July 22, 2025

Tesla settled a lawsuit on Monday against the state of Louisiana and several auto dealerships and trade groups. The electric vehicle company challenged the state's 2017 ban on direct sales...

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Asbury Automotive Group has finalized its acquisition of The Herb Chambers Companies, expanding Asbury’s presence into the Northeast.

Asbury Automotive completes $1.45B acquisition of Herb Chambers Companies

Jaelyn Campbell - July 22, 2025

Asbury Automotive Group, one of the top U.S. automotive retail companies, has finalized its acquisition of The Herb Chambers Companies, the 16th-largest privately-owned dealership group in the country. The $1.45...

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UAW Local 140 approves charges to remove President Shawn Fain, citing misconduct and retaliation, as union tensions continue to escalate.

Warren UAW local approves charges to oust President Shawn Fain

Colin Fitzpatrick - July 22, 2025

UAW Local 140 in Warren, Michigan, has voted unanimously to approve internal charges against UAW President Shawn Fain, marking a pivotal step in a broader campaign to remove him from...

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New AI vehicle inspection tech reshapes how dealers evaluate, acquire, and protect vehicles

Jasmine Kiniklis - July 21, 2025

A new AI-driven vehicle inspection platform, developed by Israeli startup Click-Ins, is now available to U.S. insurers and dealers. The tool utilizes photogrammetry, 3D modeling, and AI to identify both...

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The resumption of student loan reporting has pushed many borrowers into subprime lending, reshaping risk metrics and tightening auto credit availability.

Auto loan market shifts as student loan delinquencies distort subprime scores

Jaelyn Campbell - July 21, 2025

The reactivation of student loan repayments in late 2024 is transforming the auto finance landscape, especially within the subprime credit segment. According to the Federal Reserve Bank of New York,...

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Headlines

Tesla California registrations tumble in Q2 amid political distractions

Lucid Air gains Tesla Supercharger access

White House pressure on Fed intensifies as Trump signals Powell’s exit

Dealers optimistic even as buyers remain cautious, study finds

GM profits fall 35% in Q2 despite strong U.S. sales

Tesla settles Louisiana direct sales lawsuit

Asbury Automotive completes $1.45B acquisition of Herb Chambers Companies

Warren UAW local approves charges to oust President Shawn Fain

New AI vehicle inspection tech reshapes how dealers evaluate, acquire, and protect vehicles

Auto loan market shifts as student loan delinquencies distort subprime scores

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