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Ford saw Q1 revenue improve but struggled to maintain profitability as its ICE and electric divisions dragged down earnings.

Ford posts “solid” Q1 earnings despite weakening profits

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Ford posted stable earnings late Wednesday after sales rose 7% over the first quarter but struggled to maintain profitability as moderate price cuts and...

New vehicle sales drop, Ford posts Q1 earnings, Toyota breaks record

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Power Lunch How e-titling is changing the future of dealership F&I E-titling is a revolutionary new system that gives dealers control over the registration process while improving...
The International Energy Agency expects electric vehicle sales to rise sharply in 2024 with growth driven primarily by China.

Electric vehicle sales set to surge in 2024 despite affordability challenges

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Electric vehicle sales are projected to rise sharply in 2024 despite persistent challenges in some markets, according to the International Energy Agency (IEA). The group forecasts...
GM and Ford have reduced expenses and delayed investments to pursue profit growth while focusing on their primary gasoline-powered cars.

GM and Ford prioritize gasoline cars in Q1 amidst EV challenges

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The market eagerly anticipates the first-quarter results of two leading U.S. automakers, General Motors (GM) and Ford. Despite facing challenges such as a slowdown...
April's new vehicle inventory levels remain well ahead of last year but are held back by strong demand.

New vehicle days’ supply shrinks as affordability drives demand

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New vehicle inventory was stable month-over-month in early April due to a sizeable increase in demand but remained far ahead of prior-year levels thanks...
New car prices declined slightly in March due to recoveries in inventory and incentive levels, but failed to boost monthly sales.

Average new car prices dip in March, but affordability remains distant

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New car prices dipped again in March amidst a resurgence in inventory and manufacturer incentives. Kelley Blue Book data indicates the average new car transaction...
Ford has slashed prices on its 2024 F-150 Lighting electric pickup amidst a modest surge in EV affordability.

Ford confirms Lightning pickup price cuts ahead of release

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Ford has confirmed price cuts to the F-150 Lightning battery-powered pickup, joining automakers such as Tesla in efforts to improve electric vehicle affordability. On April...

Biden urged to ban China EVs, Hybrid sales surge, Ford cuts...

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Inside Automotive Paul J. Daly unveils ASOTU CONs’ unique blend of trade shows and networking hub ASOTU CON 2024 is right around the corner . In...
Rising car insurance costs have risen rapidly in recent years, nearly negating recent improvements in affordability.

Rising car insurance costs threaten affordability surge

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Car insurance costs have surged without any sign of slowing down for the last three years, offsetting affordability improvements gained by falling car prices. Economic...
Auto credit availability rose again in March thanks to increases in approval rates, amidst a small gain in affordability.

Auto credit access improves in March amidst affordability rise

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Auto credit availability, a measure of the ease with which consumers can obtain loans for car purchases, improved in March amidst a slight gain...