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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...
The American automaker GM will receive cathode materials worth up to $19 billion from South Korea's LG Chem in the upcoming years.

LG Chem, GM agree to nearly $19 billion cathode supply deal

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As part of General Motors's (GM) long-term goals to become a leader in electric vehicles, the American automaker will receive cathode materials worth up...
Electric vehicle inventory rose to new heights over the second quarter, dwarfing supplies of gas-powered cars in the U.S.

Electric vehicle supply beats ICE for first time as sales improve

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Electric vehicle inventory rose to new heights over the second quarter, dwarfing supplies of gas-powered cars in the U.S. According to Cox Automotive, the average...
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores.

Sonic Automotive closes eight EchoPark locations to shift used-vehicle supply

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Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores in response to supply and demand pressures,...

February new vehicle supply, Audi’s 2023 outlook, Honda recalls 500,000 units

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Inside Automotive Leading employees through times of change - Scott Mautz Leadership requires you to be flexible and embrace change… but for many of us, it's...
supply shortages, Toyota

Toyota cuts 500,000 vehicles from production in the wake of supply...

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Toyota has adjusted its production output as the auto industry's supply shortages persist. The affected lines include the company's crossovers, utility vehicles, SUVs and...
Ford EV

Ford tackles electric vehicle supply bottlenecks with new partner’s support

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Ford has recently teamed with Rockwell, a top industrial automation startup, to help it overcome EV manufacturing bottlenecks and fulfill the overwhelmingly high demand...
EV batteries

EV battery materials are in short supply — how are automakers...

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EV experts are not hopeful that the shortages of rare earth metals used in EV batteries will improve in the next few years. More...
shortage

More units are cut from OEM factory lines due to supply...

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According to AutoForecast Solutions, the number of reported vehicles cut from this year’s production forecast due to the microchip shortage may be underreported. So...
new car

How new car supply shortages are affecting OEM and franchise dealer...

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When new vehicle production returns to more typical levels, will automakers flood dealer lots with inventory, or will they take another approach? Today on...