news

Used EV financing dominated by high loans and credit scores

Banks held the highest share of used EV lending at almost 41 percent of the...

Nissan joins EV price war, discounts 2024 Ariya 8-10%

The 2024 Nissan Ariya receives a $3,600 to $6,000 price cut depending on trim level....

Santander plans expansion of prequalified auto inventory search site Drive.US

Santander Consumer USA plans a national expansion this year for Drive.US, its digital auto retail...

GM to update tech, improve safety at N.C. parts warehouse

The Charlotte Parts Distribution Center will be updated starting in June, with the technology set...

Without Tesla, U.S. is only 3% of the way to DC fast-charger targets

Excluding Tesla’s network of Superchargers, the nation is just 3.1 percent of the way to...

AutoNation, Lithia making progress with captive finance companies

AutoNation and Lithia Motors, the two public franchise auto retailers with the ability to approve...

Jaguar Land Rover owner Tata to spin off units into two listed companies

Tata says the demerger will help the units better capitalize on the opportunities provided by...

Why creating software-defined vehicles is ‘costly, painful and intense’

Automakers are struggling to create a smartphone on wheels because it requires a complete rethink...

Know these Honda fun facts from its overhauled motor museum

Honda reopens its sprawling motor museum after a three-month makeover to tell the story of...

Porsche dealer lists Tesla Cybertruck at $289,999 after buying for $244,000 at auction

The CEO of car wholesaler givemethevin.com said more Cybertrucks are heading toward auction. Tesla has...

U.S. Jaguar new-vehicle franchise count drops 25% in 2023, Land Rover adds stores

The number of U.S. new-vehicle Jaguar franchises fell 25 percent in 2023 while Land Rover...

Nikola taps former GM executive Thomas Okray as CFO

Nikola named former General Motors and Amazon executive Thomas Okray as its chief financial officer,...

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