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Editorial: Don't waste industry reprieve on 2027-32 EPA emission regs
Posted on Thursday March 28, 2024

The EPA's decision to recast emission regulations for 2027-32 model year vehicles will give automakers a better chance to make needed progress. It shouldn't be wasted.

Column: New York 2024: Contrasts abound in contentious year
Posted on Thursday March 28, 2024

The New York auto show saw differing viewpoints on the EPA emissions rules, Chinese automakers, the U.S. economic climate and — of course — EVs.

Fisker price cuts mark latest turn in downward spiral
Posted on Thursday March 28, 2024

The company's price cuts come after a steady barrage of issues, including the dissolution of talks with a large automaker for a financial lifeline, halted production and a scathing report from Consumer Reports.

Auto industry's share of global microchip capacity rises as EVs, software grow
Posted on Thursday March 28, 2024

The automotive industry surpassed the consumer and industrial sectors in 2023 to become the third-largest end market for semiconductors worldwide as demand for automotive-grade microchips continues to grow.

Nissan store racks up TikTok views with meme adaptations
Posted on Thursday March 28, 2024

The Texas dealership has gotten millions of views on its TikTok page by splicing together popular videos of people getting hurt with new endings filmed in its showroom.

Dealer News

Electrified vehicles will account for 45% of March new-car sales, trade group predicts
Posted on Thursday March 28, 2024

Overall sales of new passenger vehicles, including sedans, crossovers, SUVs and multipurpose vehicles, will increase 3.7 percent to about 1.65 million in March, the China Passenger Car Association predicts.

Nissan taps Southeast Asia chief to lead Dongfeng JV
Posted on Thursday March 28, 2024

Nissan plans to refresh 73 percent of Nissan-badged models and roll out eight electrified vehicles, in addition to hiking Chinese exports, as part of a midterm plan to revive lagging China sales.

1 Thing We're Talking About: EV service visits might be more frequent than first thought, CDK survey shows
Posted on Wednesday March 27, 2024

When it comes to EVs, the thinking is that with a smaller number of moving parts dealership service departments will lose revenue because of fewer owner visits. Some EV manufacturers don't even recommend a service visit in the first year.

Nio cuts Q1 sales forecast amid tepid demand
Posted on Wednesday March 27, 2024

A price war started by Tesla in China last year to combat weakening demand in the region has also hit the margins of domestic EV companies including Nio.

F&I should build relationships with auto dealership sales, service departments
Posted on Wednesday March 27, 2024

Auto dealership finance professionals need to be 'servant leaders' — and for other dealership departments as well as the customer, says Ascent Dealer Services CEO Adam Marburger.

Mobility Report

Michigan mobility plans include EVs, boats and aircrafts
Posted on Monday March 25, 2024

The state is preparing for an influx of EVs and improving the waterways that surround the state and the airways above it, said Justine Johnson, Michigan's chief mobility officer.

Here's where GM robotaxi unit Cruise stands
Posted on Thursday March 21, 2024

For those catching up, this is a synopsis of what happened with General Motors robotaxi unit Cruise and where the company stands today.

Suzuki gives SkyDrive a lift into the global air mobility race
Posted on Thursday March 14, 2024

SkyDrive is looking like Japan's brightest hope in the burgeoning air mobility business. By teaming with Suzuki on production, the eVTOL startup aims to emulate the success of the country's automakers on the global stage.

Nobody won. Nobody finished. Yet the first DARPA race left an indelible mark
Posted on Saturday March 09, 2024

As the 20-year anniversary of the first DARPA Grand Challenge arrives, participants recall a race that no team finished. Yet it catapulted self-driving from science fiction into the realm of possibility.

U.S. commercial truck makers and upfitters show their wares in Indianapolis at Work Truck Show
Posted on Friday March 08, 2024

U.S. manufacturers of commercial work trucks are showing their latest vehicles, concepts and technologies this week in Indianapolis. The companies participating also include upfitters, suppliers, fleet management specialists and others.

Used Car Market

Carvana caps 2023 with quarterly loss, but analysts zero in on full-year performance
Posted on Friday February 23, 2024

Analysts expect Carvana to try to return to growth — albeit more carefully than in years past — in 2024.

Sapped used-car market on cusp of upswing, forecast says
Posted on Tuesday June 27, 2023

"I do think the worst of the used-vehicle market is upon us," Cox Automotive Chief Economist Jonathan Smoke said. "I am optimistic that every month later this year will actually create strength in the used-vehicle market."

Carvana says it expects adjusted profit of more than $50M in Q2; shares surge 56%
Posted on Thursday June 08, 2023

The announcement sparked a rally for Carvana shares on Wall Street on Thursday. Shares skyrocketed 56 percent.

Wholesale used-vehicle prices decline again in May
Posted on Thursday June 08, 2023

Wholesale used-vehicle prices slid in May, the second month in a row they've fallen after appreciating to start the year.

Used-car demand stays strong in spring but headwinds remain
Posted on Wednesday May 17, 2023

Caution is the word on the used-vehicle side. Though demand was healthy through the 2023 spring selling season, gone is the level it was at in 2021.


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