news

Franchised dealer sentiment lowest since pandemic, Cox survey shows

Franchised and independent dealers also reported year over year growth or stability in used-car inventory...

Banks unlikely to loosen up on auto loans in 2024, Fed survey finds

Banks overwhelmingly plan to maintain their standards for writing car loans throughout 2024, while a...

Honda Canada to slash dealer margins by up to 44%, several dealers say

Honda Canada would not confirm the details nor address questions about the changes to margin...

No limits: Small dealers go national with video streaming ad pilot

Technology from marketing software company Constellation is helping smaller auto dealers place affordable national advertising...

EV startup Fisker idles production, warns it may need to seek bankruptcy

Company says it is halting production for six weeks after missing required interest payment of...

UAW says workers at VW Tenn. plant file for union election

The UAW said a supermajority of eligible workers at the VW plant have signed union...

VW ID Buzz output to remain in Germany

U.S. pricing on the ID Buzz has not been finalized but will be key for...

EV startup Fisker idles production, warns it may need to seek bankruptcy

Company says it is halting production for six weeks after missing required interest payment of...

China’s Gotion sues Michigan township for breach of contract over $2.4 billion plant

China’s Gotion filed a lawsuit on Friday against Green Charter Townshipin Michigan, citing breach of...

Tesla’s German staff to elect new council to gain control over work conditions

German union IG Metall has put forward 106 candidates in an attempt to get a...

BMW apologizes after criticism from annual Chinese consumer show

BMW 530Li transmission shaft was singled out on the country’s annual consumer day gala television...

BMW apologizes after criticism from annual Chinese consumer show

The BMW 530Li transmission shaft was singled out on the country’s annual consumer day gala...

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