Dealerships in the U.S. are grappling with a mix of sentiments regarding the collaboration between Hyundai Motor and Amazon, contemplating its potential impact on the car-buying landscape and its Full Article »
General Motors (GM) has reported a dip in pre-tax profit for the fourth quarter, but despite this, the company remains optimistic about its prospects for 2024, buoyed by what it Full Article »
Last year we rejoiced as we reported on the idea of the government putting a stop to the deceptive tactics of shady dealerships and their junk fees. However, the U.S. Full Article »
The year 2023 proved to be quite interesting as we set out on a course of normality outside of the dreadful years of COVID that we’ve thankfully lived through. From Full Article »
The electric vehicle company Fisker has announced its intention to incorporate traditional dealerships into its sales strategy, alongside its existing direct-to-customer distribution model. The California-based company, operating in the United Full Article »
During 2023, the U.S. auto industry experienced a rebound, marking its best sales year since the onset of the pandemic. General Motors (GM) successfully surpassed its competitor, Toyota, securing its Full Article »
In the wake of a successful performance in 2023, Hyundai and Kia have set ambitious goals for 2024, aiming to collectively sell nearly 8 million cars. Hyundai experienced a favorable Full Article »
Tesla exceeded expectations for fourth-quarter deliveries in 2023, attributing the success to a concerted effort to expedite the handover of Model 3 electric cars before certain variants lost federal tax Full Article »
Chinese electric vehicle (EV) manufacturer BYD, backed by Warren Buffett, is poised to surpass Tesla as the world’s leading seller of electric cars, with the fourth-quarter data expected to confirm Full Article »
In the current landscape of the American automotive market, a noteworthy trend is emerging as consumers display a growing inclination towards gas-electric hybrids, even as electric vehicle (EV) sales witness Full Article »
The United States witnessed a notable surge in fuel efficiency among new vehicles in 2022, reaching an unprecedented milestone. The data, released by the Environmental Protection Agency (EPA), revealed that Full Article »
The U.S. Federal Trade Commission (FTC) has implemented new rules aimed at reforming the car-buying process and curbing deceptive practices within the auto industry. The regulations, first announced in 2022 Full Article »
In November, the United States anticipates a surge in new vehicle sales, marking a 10.2% increase from the previous year, according to a report by industry consultants J.D. Power and Full Article »
Hyundai and Kia are experiencing robust demand for electric vehicles (EVs) in the United States, according to senior executives who spoke to Reuters ahead of the Los Angeles Auto Show. Full Article »
The electric vehicle (EV) market in Europe, which experienced significant growth for years, seems to be encountering a slowdown as consumers anticipate the arrival of more affordable models in the Full Article »