As General Motors (GM) and Ford gear up to disclose their first-quarter results, they confront a shared quandary: elucidating to investors where future profit growth will stem from amid a Full Article »
In the first quarter of 2024, automotive sales in the United States experienced a notable uptick of nearly 5%, indicating a resilient market despite elevated interest rates. However, the growth Full Article »
Tesla faced a slight setback in the opening quarter of 2024 as its sales plummeted by nearly 9% compared to the same period last year. This decline comes amidst a Full Article »
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 »
