TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%

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Electric vehicles sales are now projected to reach 16.7 million units in 2024, down from 17.5 million earlier this year.

Researchers slash electric vehicle sales forecasts for 2024

- December 18, 2023
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year of unexpectedly timid demand and disillusionment...
New vehicle supply rose 57% year-over-year over November and into December, with some automakers adjusting production rates in response.

New vehicle supply reaches two-year high in early December

- December 15, 2023
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...

UAW files charges against nonunion automakers, Ford cuts F-150 production, Asbury finalizes $1.2 billion acquisition

- December 13, 2023
Inside Automotive  Adapting your sales strategies to the current retail automotive market – Jen Suzuki The retail automotive sales industry has been facing several challenges, including changes in customer behavior and rising...
Ford plans to cut F-150 Lightning production in half as the industry faces normalizing ICE sales and unexpectedly low EV demand.

Ford cuts F-150 Lightning production on slowing EV demand

- December 12, 2023
Ford plans to cut production of the F-150 Lightning electric pickup in response to lower-than-anticipated EV demand in the U.S. The Detroit automaker said it would reduce its annual production target...
Ford announced that federal tax credits for its electric Mustang Mach-E vehicles may no longer be available starting in January 2024.

Electric Mach-E could lose eligibility for U.S. tax credits, says Ford

- December 7, 2023
On December 6, Ford announced that the federal tax credits for its electric Mustang Mach-E vehicles may no longer be available starting in January 2024. This is due to the...
Ford saw sales fall slightly in November on both a monthly and yearly basis, but achieved success through its hybrid and EV lineups.

Ford ICE sales dip in November as hybrids, EVs shine

- December 5, 2023
Ford Motor Company's U.S. vehicle sales dipped in November on both a monthly and yearly basis as the automotive industry continues to grapple with normalizing demand. The Detroit automaker sold 145,559...
Ford ICE sales dipped in October causing overall year-over-year volume to decline for the first time in 2023.

Ford sales take first dive in 2023, ICE declines while EVs rise

- November 3, 2023
Ford sales declined for the first time this year in October, during which the company navigated a six-week United Auto Workers strike and disappointing third-quarter earnings. The automaker's total vehicle sales...
The U.S. Treasury Department revealed its proposed guidance for EV tax credits that consumers will be able to obtain starting January 1, 2024

U.S. Treasury Department releases new proposed guidance for EV tax credits

- October 6, 2023
The U.S. Treasury Department revealed its proposed guidance for point-of-sale discounts on electric vehicles that many consumers will be able to obtain beginning January 1, 2024. The EV tax credits saw...
This week in automotive news: Detroit's big three amp-up union talks, September car sales data, and Ford's new F-150 Lightning Flash.

Weekly roundup: UAW talks intensify, U.S. auto sales hold steady, Ford unveils F-150 Lightning Flash

- October 6, 2023
Earlier this week: The Detroit-Three and the United Auto Workers union have ramped up their contract negotiations, as reported by sources and further confirmed by Reuters. This development unfolds amid...

Car payments rise, Stellantis sales decline, Toyota partners with LGES

- October 6, 2023
Inside Automotive How to go from being a busy leader, to a productive one — Ed Roberts | Bozard Ford Lincoln Ed Roberts, the Chief Operations Officer at Bozard Ford Lincoln, has...
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