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Newsby StaffOctober 5, 2022

Toyota On Pace to Lose U.S. Sales Race

After toppling GM last year, carmaker may be bumped down after facing market woes common throughout the industry.

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Newsby StaffOctober 5, 2022

Dealer Sues Porsche Over Exclusive Requirement

$300 million suit claims carmaker violated state franchise law by withholding inventory.

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Newsby StaffOctober 4, 2022

FordDirect, Work Truck Solutions Team Up to Help Ford, Lincoln Dealers

Commercial vehicle sales and marketing platform offers solutions.

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Newsby StaffOctober 4, 2022

Black Book Market Insights

The market continued its descent last week, with the level of decline still exceeding what is typically experienced this time of year.

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Newsby StaffOctober 4, 2022

Rivian Sees Setback on $5B Georgia Plant

Judge scuttles tax-break package by local authority, which may appeal the ruling.

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Newsby StaffOctober 4, 2022

Q3 New-Car Sales Mixed

GM surges, peers also gain, though some see declines amid market pressures.

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Newsby StaffOctober 3, 2022

Crash Tests Show Automatic Braking Needs Tweaks

AAA study finds technology chokes at higher speeds, moving vehicles in its path at intersections.

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Newsby StaffOctober 3, 2022

CarMax Retools Approach After Disappointing Q2

Sales fall due to customer affordability concerns. Company offering lower-priced models, cutting its costs.

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Newsby StaffOctober 3, 2022

Tesla Output Expected to Grow Throughout 2023

Tesla plans to increase production of Model Y and Model 3 EVs in Q4 and keep growth going as newer factories in Austin and Berlin come online in 2023.

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Newsby StaffOctober 3, 2022

Will Higher Interest Rates Cool Demand for New Cars?

The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.

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