Registrations of new Teslas fell 11% year-over-year in January and lost 12 percentage points in U.S. market share. But the EV maker's stock value improved by 7.6%, partially offsetting a steep decline. +
President Donald Trump plans to purchase a Tesla in support of Elon Musk, the EV maker’s CEO and a senior White House advisor, in the face of protests, incidents of vandalism and a declining stock value. +
Automotive News’s annual dealer census finds U.S. retailers added 171 dealerships in 2024 but lost franchises as domestic manufacturers lost scores of stores while their import rivals gained ground. +
- Compliance / Tech /
DealNow.com’s Brad Parker says platforms that connect dealers with sellers of privately owned vehicles need built-in identity verification and fraud prevention tools to avoid costly mistakes. +