In the same month EVs boosted U.S. new-vehicle sales for major Japanese and Korean manufacturers, Volvo dealers sold shockingly few fully electric vehicles. +
EVs boosted overall sales for Toyota, Honda, Hyundai and Kia in November, helping push Toyota to a 4.8% year-over-year improvement after consecutive down months. +
Automotive News reports Nissan's Jeremie Papin sent a memo to U.S. dealers Nov. 30 among rampant speculation that the Japanese automaker could soon be acquired. +
U.S. dealers sold 106,155 new EVs and 23,788 pre-owned EVs in October, according to Cox Automotive’s latest EV Market Monitor report. +
Hyundai’s much-anticipated retail partnership with Amazon faces delays due to the CDK cyberattack and is now expected to launch in 2025. +
As subscription models expand into automotive services, customers may be reaching their breaking point. WardsAuto reports. +
Kelley Blue Book reports U.S. used-vehicle sales by franchised and independent dealers increased in October, improving by 7% month-over-month and 12% year-over-year. +
Lexus and Honda led all premium and mass-market manufacturers for the fourth consecutive year as rising prices worked against most brands. +
President-elect Donald Trump will take office with plans to levy tariffs, delete EV tax credits and rely on the counsel of Elon Musk, forcing auto industry leaders to prepare for multiple outcomes. +
A dramatic dropoff in sales has all but put the brakes on the Jeep Gladiator, which made waves with its 2019 debut but lost traction in the years that followed. +
