As of early June, new-vehicle inventory across U.S. dealerships fell to 2.47 million units, marking a 0.6% decline from May and a 12.2% drop year over year. While the market...
Captive lenders are steadily losing market share in both new- and used-vehicle lending as banks, credit unions, and independent finance companies grow more competitive, according to Experian Automotive's latest analysis...
Akio Toyoda was re-elected chairman of Toyota Motor during the company’s annual general meeting on Thursday, securing continued support from shareholders despite international criticism of a $33 billion buyout bid...
BMW is simplifying its flagship performance SUV lineup by eliminating the base model XM and moving forward exclusively with the high-powered BMW XM Label for 2026. The updated model, producing...
Auto credit access improved slightly in May, according to the latest Dealertrack Credit Availability Index. The All-Loans Index rose to 96.7, up from 95.5 in April, marking a 1.2-point month-over-month...
Auto sales are cooling off just as the summer season begins. In today's episode of Inside Automotive, Charlie Chesbrough, senior economist at Cox Automotive, joins host Jim Fitzpatrick to break...
President Donald Trump announced the completion of a trade framework with China, pending final approval from Chinese President Xi Jinping. The deal outlines that China will provide the United States with...
Toyota and Daimler Truck confirmed on Tuesday that they will finalize the merger of their respective commercial fleet vehicle subsidiaries, Hino Motors and Mitsubishi Fuso Truck and Bus, under a...
General Motors (GM) will invest $4 billion in three of its U.S. manufacturing plants as part of a sweeping plan to shift or expand production of two Mexican-assembled vehicles back...
New-vehicle prices remained stable in May as automakers and dealers worked to offset rising costs tied to tariff uncertainty, according to new data from Cox Automotive’s Kelley Blue Book.
The average...