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. +
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. +
In a new lawsuit, the FTC and the attorney general of Maryland say the three-store Lindsay Automotive Group made millions by systematically overcharging customers. Executives denied the charges. +
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. +
The office of Florida Attorney General Ashley Moody delivered a nearly nine-month heads-up before a Sept. 1 enforcement deadline pertaining to pricing accuracy in dealership advertising. +
The Automotive News Data Center reports Big 6 public auto dealerships experienced an overall decrease in F&I gross profit per vehicle in the third quarter. +
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. +
Despite market challenges that included a parts shortage affecting some Rivian vehicles, EVs still outpaced the overall light-vehicle market in September. +
Ryan Gremore, president of O’Brien Auto Team and its six Bloomington/Normal-area dealerships, has offered to send staff members to CPR training during work hours at the auto group’s expense. +
