Discounts of up to $2,630 for a 2024 Cybertruck tell a different tale than that predicted by Tesla executives when the fully electric pickup hit the market. Laurence Iliff offers expert analysis for Automotive News. +

Kelley Blue Book analysts say Americans spent an average of $49,740 on their new vehicle purchases in December, threatening a record set during peak pandemic-era inventory shortages. +

Value Watch is a new tool designed to send enrolled consumers monthly emails and text messages to keep them apprised of the value of their trade-ins. +

U.S. new light-duty vehicle sales rose to 15.7 million in 2024, a 2.5% year-over-year increase driven by big gains among certain brands, marques and types and capped by a 4.1 million-unit fourth quarter. +

Tesla sold 1.79 million EVs worldwide in 2024, down 1.1% from the prior year despite a fourth-quarter push that included offers of 0% financing and free charging. +

The Nissan Titan, Ford Edge and Chevrolet Camaro are among the highest-profile and longest-serving models that have ceased production or won’t last past the 2025 model year. +

Attorney Jim Ganther predicts a number of benefits to dealers and consumer will flow from economic, trade and environmental policies promoted, enacted and enforced by a second Trump administration. +

The California New Car Dealers Association sent a cease-and-desist letter to Volkswagen’s Scout Motors division, claiming plans to sell its EVs directly to consumers would violate state law. +

Honda, Nissan and Mitsubishi have entered discussions that could lead to a three-way merger that would form the world’s third-largest automaker. A new U.S. president could complicate the deal. +

The latest new-vehicle sales and finance reports from Cox Automotive show strong sales and credit availability as incentives offset higher prices to sustain affordability. +