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Newsby StaffMay 16, 2023

Leasing Circumvents Tax Credit Limits

Law treats leased vehicles as commercial, giving consumers an end around.

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Newsby StaffMay 16, 2023

Hertz Plunging Deeper Into EV Rentals

Plans to increase its fleet’s EV makeup from 10% to 25%.

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Newsby StaffMay 15, 2023

NHTSA Urges Recall of 67 Million Air Bag Inflators

The affected air bags are utilized by a dozen car manufacturers, including General Motors Co., Stellantis NV, Volkswagen AG, and Hyundai Motor Co.

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Newsby StaffMay 15, 2023

Americans Keeping ICE Vehicles Longer

S&P Global Mobility research finds the average age of gas-powered U.S. cars and light trucks has climbed to 12.5 years.

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Newsby StaffMay 11, 2023

Testing Shows Inadequate Back-Seat Protection

Updated IIHS crash test gives none of five models good rating.

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Newsby StaffMay 11, 2023

Ford, GM to Boost Incentives

Both automakers are discussing potential incentives and the distinction between wholesale and retail.

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Newsby StaffMay 11, 2023

Five Star Automotive Group Grows

Tim Lamb Group brokers sale of Cain Toyota and Cain BMW to Five Star Automotive Group.

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Newsby StaffMay 11, 2023

Toyota Has Strong Quarter

Supply costs cramp its annual profit, though it forecasts year of growth.

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Newsby StaffMay 11, 2023

Inventory at Two-Year High

Sales consequently robust, also aided by increased discounts.

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Newsby StaffMay 10, 2023

EV Sales Surged in Past Two Years

Consumer demand also ballooned in period of dealership infrastructure investment in transition.

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