The latest quarterly VIN-based inventory report from Lotlinx finds rebounding sales driven by new launches but offset by persistently aged inventory. +
A new survey finds AI tools are becoming a meaningful part of the car-buying journey, particularly for younger and EV-oriented consumers. +
In a reversal of a reversal, California Gov. Gavin Newsom has approved a rebate for first-time ZEV buyers to offset the loss of a federal tax credit. +
The WSADA has filed suit against Volkswagen subsidiary Scout Motors, alleging the EV maker’s direct sales plan runs afoul of state franchise laws. +
Tesla is on track to end a two-year streak of declining sales after reporting the delivery of 480,126 new units worldwide in the second quarter. +
Geely Holding-owned Polestar failed to secure an exemption to the Connected Vehicle Rule and may no longer sell new EVs in the United States. +
Agent, dealer and customer expectations may soon render the split-vendor model obsolete. NSD’s Rich Holland makes the case against fragmentation. +
Kelley Blue Book reports an average transaction price of $49,220 in May, down 0.5% from April but up 1.2% year over year amid heavier incentive spending. +
The cost of losing a single service customer or RO continues to rise. NSD’s Anthony Giagnacovo explains how an “ecosystem” mindset reliably drives retention. +
Reuters reports U.S. sales of new hybrid vehicles have increased along with fuel prices since the start of the U.S.- and Israel-led war with Iran in late February. +
