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Tesla

Analysts upgrade Tesla’s stock to ‘buy’ on the heels of revamped...

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Industry analysts say now is the time to invest in Tesla, as the company is expected to reap the benefits of the Inflation Reduction...
new gas vehicle sales

17 other states consider adopting California’s ban on new gas vehicle...

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States are facing an important decision regarding vehicle emission standards. Seventeen states with standards tied to rules established in California are poised to decide...
Ford

Ford’s new car sales fall 4% from month prior, but increase...

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Ford released U.S. sales numbers for the month of August that place the company as America’s best-selling brand for two months in a row....
jobs

US adds 315,000 jobs in August, unemployment creeps up to 3.7%

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The Bureau of Labor Statistics released a new report on Friday, which showed that despite a still struggling unemployment rate, the country saw some good news regarding...
interest rate

Interest rate hikes drive monthly loan and lease payments to 4-year...

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In an effort to curb out-of-control inflation, the Fed's recent interest rate hikes are starting to be felt by dealers and consumers alike. However,...
Honda sales

Honda US sales slide 38% in August, supply of vehicles remains...

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American Honda reported that US sales dropped by 38% year-over-year in the month of August, as the company continued to struggle with supply shortages...
supply Toyota

Toyota’s volume dropped 9.8% last month due to ongoing supply roadblocks

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Toyota Motor Corporation released its August sales numbers on Friday, showing that the company is still struggling to reach sales expectations due to low...

Vehicle recalls affect thousands of GM, Ford, Hyundai, and Toyota models

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The US National Highway and Traffic Safety Administration released recalls for the week of August 25 through the first day of September, and both...
Buick

General Motors will offer buyouts to Buick dealers that don’t want...

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General Motors revealed on Friday that it is offering buyouts to US Buick dealers who don't want to engage in the brand's shift to...
Hyundai

S. Korean automakers Hyundai and Kia US sales bounce back in...

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Hyundai and Kia announced double-digit increases in US auto sales for August compared to the same month last year. The Korean brands have seen...