TSLA372.110-5.83%
GM82.6302.06%
F12.7100.11%
RIVN15.4700.18%
CYD33.0301.83%
HMC32.9300.74%
TM190.3403.62%
CVNA65.0600.88%
PAG209.6201.65%
LAD316.4206.82%
AN166.9804.09%
GPI252.1804.39%
ABG185.1505.21%
SAH64.9502.47%
TSLA372.110-5.83%
GM82.6302.06%
F12.7100.11%
RIVN15.4700.18%
CYD33.0301.83%
HMC32.9300.74%
TM190.3403.62%
CVNA65.0600.88%
PAG209.6201.65%
LAD316.4206.82%
AN166.9804.09%
GPI252.1804.39%
ABG185.1505.21%
SAH64.9502.47%
TSLA372.110-5.83%
GM82.6302.06%
F12.7100.11%
RIVN15.4700.18%
CYD33.0301.83%
HMC32.9300.74%
TM190.3403.62%
CVNA65.0600.88%
PAG209.6201.65%
LAD316.4206.82%
AN166.9804.09%
GPI252.1804.39%
ABG185.1505.21%
SAH64.9502.47%


Kia

There is evidence that shoppers still want EVs, but are looking for a lower price. But how much do federal tax incentives sway new and used-car purchases?

Are American shoppers really over EVs?

- August 31, 2023
It would be easy to fall for the headlines about wavering EV demand in the US. In the past few weeks, editors have rushed to publish articles suggesting that no...
This week: Bill Ussery Motors sells dealerships for $150M, Rivian's Q2 gains, UAW President challenges Stellantis, and more automotive news.

Weekly roundup: UAW President blasts Stellantis for ‘trash’ proposal, Mercedes-Benz dealerships sell for $150M

- August 11, 2023
Earlier this week: Bill Ussery Motors sold its Mercedes-Benz dealerships in Cutler Bay and Coral Gables to affiliates of Dream Motor Group, for a listed transaction value of $150 million....
M&A activity continued to flourish in July, with Lithia Motors and other auto groups making notable purchases throughout the U.S.

Ken Garff scoops up 7 Hawaiian dealerships, Lithia Motors purchases Ford, Honda stores

- August 8, 2023
M&A activity continued to flourish in July, with Lithia Motors and other auto groups making notable purchases throughout the U.S., which include the following transactions: Lithia Motors Buys Wade Ford In mid-July,...
On August 3, 2023, Hyundai and Kia announced they were recalling more than 113,000 newer vehicles in the U.S. due to potential fire risks and urged owners to park outside and away from structures pending repairs.

Fire risk recall impacts more than 113,000 Hyundai and Kia vehicles

- August 7, 2023
On August 3, 2023, Hyundai and Kia announced they were recalling more than 113,000 newer vehicles in the U.S. due to potential fire risks and urged owners to park outside...

Hyundai, Kia, and Genesis owners file lawsuit over faulty charging ports

- August 4, 2023
Owners of all-electric vehicles sold by Hyundai, Kia, and Genesis in the US have brought a class-action lawsuit against the automakers, alleging that some of their models have faulty charging...
Hyundai broke its sales record for the IONIQ 5 over the course of July, solidifying the automaker's place in the electric vehicle market.

Hyundai breaks monthly electric vehicle sales record with IONIQ 5

- August 3, 2023
Hyundai broke its monthly sales record for the IONIQ 5 over the course of July, solidifying the automaker's small but steadily growing presence in the electric vehicle segment. Sales of the...
In response to a national crime wave fueled by social media, Hyundai wants to accelerate the release of a software patch to secure its vehicles from being targeted by thieves.

Hyundai aims to expedite anti-theft software following social media-fueled crime wave

- July 25, 2023
In response to a national crime wave fueled by social media, Hyundai wants to accelerate the release of a software patch to secure its vehicles from being targeted by thieves. This...
Registration data from Experian suggests that legacy automakers are struggling to build momentum in the electric vehicle market.

Electric vehicle models struggling to maintain last year’s sales pace

- July 17, 2023
Registration data from Experian suggests that legacy automakers are struggling to build momentum in the electric vehicle market, despite the sizeable growth in the segment seen throughout 2023. According to the...
The National Highway Traffic Safety Administration has opened a new probe into the Kia EV6 over reports of power loss.

Power loss issue affecting Hyundai Ioniq 5 and Kia EV6 may be linked

- July 10, 2023
The National Highway Traffic Safety Administration has expanded its investigation into reports of power loss affecting Hyundai electric vehicles with a new probe into the Kia EV6. According to the regulatory...
New York City filed a lawsuit against Hyundai and Kia on Tuesday over the two car manufacturers' handling of a vulnerability that made their vehicles primary targets for car theft.

Hyundai and Kia sued by NYC over car thefts, lack of action

- June 7, 2023
New York City filed a lawsuit against Hyundai and Kia on Tuesday over the two car manufacturers' handling of a vulnerability that made their vehicles primary targets for car theft. The suit is one...


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