New-car sales in Germany remain below pre-pandemic levels as automakers retreat from the budget segment, and dwindling buying power has shifted demand to the used market.
Consumers can book for a month or longer before handing back the keys, skirting traditional car ownership nuisances such as maintenance and depreciation.
What we’re about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book,” Musk said at the shareholder meeting.
GMC in St. Clair County, Mich. reopened for vehicle sales Nov. 6 after the state briefly suspended its license.
Production of the vehicle has been indefinitely idled as Ford deals with the fallout from a September fire at a supplier plant.
The dealership groups’ new vehicle gross profit per unit falls ranged from Sonic Automotive Group Inc.’s 1.5 percent to AutoNation Inc.’s almost 19 percent.
Volvo Cars says its next new electric vehicle resolves critical pain points holding back adoption of the technology. The new design is meant to focus more on hospitality as opposed to pressuring ...
U.S. dealers are especially unsettled with recent comments by Scout CEO Scott Keogh, former head of VW Group of America, indicating the startup remains firmly committed to selling directly to ...
If the bankruptcy court judge sides with holdout creditors and rejects the financing package, a company lawyer said “it’s game over” and the firm will liquidate.
One analyst expects low EV demand to close 2025 before "a little bit of a recovery" for the segment after that.
Michigan dealership’s license suspended | Auto finance resilience (Tierra Riddick) ...
Renault’s retro-styled minicar will cost less than €20,000. It will challenge the Citroen e-C3, Hyundai Inster and Leapmotor T03.