Citing plateauing sales and the imminent loss of federal tax credits, dealers tell the New York Post that Gov. Kathy Hochul’s goal of a zero-emissions new vehicle market by 2035 is “an unrealistic bust.” +

Former dealer and newly elected U.S. Sen. Bernie Moreno’s Transportation Freedom Act would revise and standardize fuel economy standards and offer tax savings to domestic manufacturers. +

The 2025 U.S. Electric Vehicle Experience Ownership Study finds battery electric vehicle buyers are increasingly satisfied with their purchases and 94% say they would buy another one. +

Carvana’s stock fell by double digits on consecutive days following glowingly positive Q4 reports. Investor’s Business Daily’s Aparna Narayanan explains how a corresponding call for funding spooked the market. +

Lotlinx’s Q4 Quarterly Vincensus Report finds sales of hybrid vehicles increased by 23% between the third and fourth quarter of 2024, accounting for 22% of all U.S. new vehicle sales. +

Cox Automotive announced U.S. franchised and independent dealers sold 1.4 million used vehicles in January, an 8% year-over-year improvement, as days’ supply ticked down to start the month. +

Reynolds and Reynolds reports sales retention ticked up to nearly 44% in 2024 despite the fact that 24 of 38 brands saw a decrease in repeat buyers, including one that finished in the single digits. +

The South Carolina Consumer Freedom Act has stalled following a subcommittee hearing, a setback for Scout Motors’ campaign to sell directly to consumers in the state where its EVs will be built. +

Honda and Nissan announced they will not merge, ending a proposed deal that would have created the world’s No. 3 carmaker and helped the companies compete against emerging Chinese rivals. +

NADA analysts say U.S. dealers were on track to sell 15.6 million new units in 2025 at the end of January, a fifth straight year-over-year increase but a minor letdown following a strong December. +