Commercial vehicle buyers are becoming increasingly comfortable with the ChatGPT-style interfaces integrated into fleet management software, creating a new opportunity for forward-thinking dealers. +
The latest reports from S&P Global Mobility and Automotive News show registrations of new fully electric vehicles fell 4.4% in April, snapping a 14-month streak of year-over-year gains. +
President Donald Trump signed three resolutions revoking waivers that allowed California and 11 other states to set emissions standards and restrict sales of gas-powered vehicles. +
Lotlinx reports new vehicles in stock at U.S. dealerships carried over at a rate of 51% in May, a 3% increase over the same month a year ago, and days’ supply improved by five days to 64. +
Descartes Datamyne reports the number of vehicles shipped to the United States by sea fell by 9% in May compared with the same month a year ago as new tariffs take effect. +
Gas/electric hybrids accounted for 12.4% of U.S. new light-vehicle sales in the first quarter while market share remained essentially flat for battery electric vehicles and plug-in hybrids. +
EVAI founder Ian Gardner says dealers must arm their sales teams with a broader and deeper understanding of the factors that drive EV purchases, including TCO and charging infrastructure. +
Automotive News reports new vehicle sales improved for Ford, Hyundai and Kia and fell by double digits for Mazda in May, dropping the SAAR below 16 million as factories scaled back incentives. +
Volkswagen will extend its price freeze on new U.S.-sold units through the end of June. Sources say VW and fellow German automakers BMW and Mercedes-Benz may be close to a tariff exemption. +
Cox Automotive’s Dealer Sentiment Index ticked downward as economic concerns outweighed strong customer traffic and sales, including a 10-point bump in in-person visits to franchised dealerships. +
