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gas-powered cars

New York joins California to ban sale of new gas-powered cars...

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New York will mandate all new vehicle purchases in the state to be zero-emission starting in 2035. New York Governor Kathy Hochul made the...
Endurance

Lordstown Motors starts production of Endurance electric pickup after delay

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Lordstown Motors announced it has started commercial production on its highly anticipated Endurance EV pickup. The relatively new company received initial financial backing from...
CarMax

CarMax Q2 earnings fall short, says inflation is shrinking car demand

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CarMax saw its stock plummet after an announcement that it missed second-quarter earnings expectations. Shares dropped nearly 25%, marking a new 52-week low. CarMax...
EVs California

CNCDA Pres. Brian Maas on California’s bold transition to 100% EVs...

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By 2035, all new cars sold in California must be electric vehicles (EVs), a significant change from the current landscape where gas-powered cars dominate....
vehicle affordability

How declining new vehicle affordability is rattling consumer budgets

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Vehicle affordability has become a massive obstacle that car buyers must overcome. The problem has loomed large and shows no signs of slowing up...
sales

Cox Automotive Forecast: Third-quarter US auto sales mostly unchanged from 2021

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In preparation for the end of the month sales results, Cox Automotive has lowered its full-year new vehicle sales forecast to 13.7 million units,...
mobile app

Does your car dealership need a mobile app?

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A dealership-branded mobile app serves as an excellent retention tool and has been adopted by many stores, large and small. Although it creates value...
Rivian

Rivian shares expected to rally, Truist analysts upgrade to buy

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Truist analysts say investors should buy Rivian shares immediately, ahead of an expected surge. Truist initiated coverage of the company with a buy rating...
VW

VW is well-positioned to fund EV transition after Porsche IPO, CFO...

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The initial public offering of Porsche, and the future possibility of listing its battery unit, have put Volkswagen in a great position to fund...
Hurricane Ian

Hurricane Ian batters Florida dealers forcing many to close temporarily

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Auto dealerships across the state of Florida were forced to close their doors due to Hurricane Ian. Dealerships from Tampa across to the state's...