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...
Dealership service centers have continued to lose business to non-franchised repair and maintenance providers, according to new research from Cox Automotive.
Over the last few years, fixed op profitability has mostly...
The Wall Street Journal recently reported that all industries' in-store retail shopping experience is declining. But, when it comes to retail automotive, what could that mean for dealers? Peter Cooper,...
Everyone likes to think they're logical. That their decisions, particularly those with substantial financial implications, like purchasing a car, are based purely on objective analysis. Yet, more often than not,...
With signs of pre-pandemic norms returning to the market, car dealers are beginning to consider alternative strategies, such as leasing, to maintain their profit margins. Understanding the industry's current trajectory...
The California-based startup Lucid has ventured into the lucrative and fiercely competitive SUV industry with its debut offering, the Gravity, built on the same platform as its Air sedan.
Lucid claims...
United Auto Workers members at three key facilities in Kentucky and Michigan have voted to reject their respective contracts with Detroit-Three manufacturers, raising concerns about the union's efforts to move...
Used car supply remains under pressure in November, as high new vehicle prices force many consumers to wait on their next purchase.
According to Cox Automotive, dealers started the month with...
Tesla has agreed to sell its Supercharger under the EG Group, a central gas station and convenience store operator. The deal marks the second of its kind that Tesla has...
In order to calculate five-year depreciation rates, iSeeCars examined more than 1.1 million vehicles sold between November 2022 and October 2023. This data's historical comparison revealed that depreciation was lower...