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Ford posts “solid” Q1 earnings despite weakening profits
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
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...
Electric vehicle sales set to surge in 2024 despite affordability challenges
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 prioritize gasoline cars in Q1 amidst EV challenges
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...
New vehicle days’ supply shrinks as affordability drives demand
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...
Average new car prices dip in March, but affordability remains distant
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 confirms Lightning pickup price cuts ahead of release
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...
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 threaten affordability surge
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 access improves in March amidst affordability rise
Auto credit availability, a measure of the ease with which consumers can obtain loans for car purchases, improved in March amidst a slight gain...