Polestar won’t fight U.S. ban, leaving dealers in limbo
On the Dash:
Polestar will not appeal its U.S. ban and will wind down American operations, the WSJ reported.
State franchise laws may still require the EV maker to compensate...
TSLA363.550-3.60999%
GM83.7200.67%
F12.3300.28%
RIVN13.1100.16%
CYD27.0300.46%
HMC34.0400.59%
TM192.1203.52%
CVNA60.9052.945%
PAG212.15017.36%
LAD294.20012.71%
AN159.4306.23999%
GPI238.65010.28%
ABG169.0707.1%
SAH63.4603.41%
TSLA363.550-3.60999%
GM83.7200.67%
F12.3300.28%
RIVN13.1100.16%
CYD27.0300.46%
HMC34.0400.59%
TM192.1203.52%
CVNA60.9052.945%
PAG212.15017.36%
LAD294.20012.71%
AN159.4306.23999%
GPI238.65010.28%
ABG169.0707.1%
SAH63.4603.41%
TSLA363.550-3.60999%
GM83.7200.67%
F12.3300.28%
RIVN13.1100.16%
CYD27.0300.46%
HMC34.0400.59%
TM192.1203.52%
CVNA60.9052.945%
PAG212.15017.36%
LAD294.20012.71%
AN159.4306.23999%
GPI238.65010.28%
ABG169.0707.1%
SAH63.4603.41%
auto industry news
Mercedes-Benz pushes to raise Chinese ownership threshold in Senate bill
On the Dash:
Mercedes-Benz is lobbying to raise the bill's Chinese ownership cap from 15% to 25%.
The bipartisan bill from Sen. Moreno and Sen. Slotkin targets automakers over Chinese...
Chinese automakers threaten more than car sales, dealer warns
China's economic influence continues to expand in the U.S. auto industry, and dealers are watching closely as the debate over Chinese-made vehicles entering the American market heats up. Lower prices...
Bill Ford says U.S. can’t keep Chinese automakers out forever
On the Dash:
Bill Ford says the U.S. can't rely on tariffs to keep Chinese automakers out forever.
Ford Motor backs a bipartisan bill aimed at banning Chinese vehicles from...
Used-vehicle prices ease as supply climbs to 47 days
On the Dash:
Retail used-vehicle supply hit 47 days in June while listing prices held flat at $27,027, up 6% year over year
Wholesale values fell 0.6% in July after...
Cybersecurity concerns grow as OTA vehicle technology spreads
On the Dash:
Cybersecurity concerns grow as a Norwegian transit operator's SIM card test confirms a real OTA risk
The finding prompted new cybersecurity investigations in the U.K. and Denmark
...
How Sedano Automotive Group navigates affordability, gas prices, DTC competition
Affordability pressure, a slower EV market and mounting scrutiny over pricing transparency are forcing dealers to rethink how they sell and service vehicles. Manny Sedano of Sedano Automotive Group is...
New-vehicle affordability slips in June as prices, loan rates climb
On the Dash:
New-vehicle affordability declined slightly in June as prices and loan rates outweighed income growth
Affordability still beat last year, thanks to 4.1% income growth and lower...
Volvo Cars sees $8 billion in Q2 revenue, forecasts stronger second half
On the Dash:
Volvo Cars' EBIT margin fell to 1.1% from 2.2% in the first quarter.
China sales slumped 35%, driving the sharpest hit to second-quarter profitability.
Cost cuts topped...
Ford files patent for smart tool tracking system in vehicles
On the Dash:
Ford patented a system (US 12,682,191) that tells tool theft from tag failure using sensor data.
The system checks toolbox temperature and door/window status before issuing a...
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