On the Dash:
GM will record about $6 billion in EV-related charges tied to reduced production and supplier contract settlements.
The writedown reflects weaker EV demand following the end of...
Tesla has introduced discounts on its Cybertruck inventory, marking down prices by up to $1,600 on new units and as much as $2,600 on demo models. The move comes as...
Ford revealed a 2.4% decline in U.S. sales for April, attributing the drop to reduced demand for F-Series trucks, Broncos, and other SUVs. Despite this, the company celebrated a record-breaking...
According to the most recent Cars.com report, new-car inventory is on the rise—particularly in the under $30,000 segment—marking a significant recovery. Vehicles now average 65 days on the market, more...
New vehicle inventory fell while used vehicle inventory rose over the course of December 2023, as demand continued to fluctuate in response to post-pandemic market conditions.
At its highest point, new...
Despite the government stripping General Motors of crucial electric vehicle tax credits, the automaker announced it would provide $7,500 incentives for its EVs. At the same time, Ford plans to...
Inside Automotive
The 2024 automotive landscape: 5 trends all dealers should watch — Jonathan Smoke | Cox Automotive
With 2023 in the rearview mirror, it is time for car dealers to review...
You’ve undoubtedly heard that Ford, the colossus of the car world, is slashing its F150 Lightning production in half due to slowing demand. GM and other OEMs are either following suit...
After a tumultuous year, dealers are speculating over what the New Year has in store for the retail automotive sector. Will the industry continue to see pre-pandemic conditions return, or...
New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen since early 2021.
That number represents a...