NADA economist predicts 15.9 million new light-vehicle sales in 2024

2February 2024

NADA economist predicts 15.9 million new light-vehicle sales in 2024

The National Automobile Dealers Association’s top economist, Patrick Manzi, said he’s predicting new light-vehicle sales...

2February 2024

Penske president Kurnick: ‘Affordability is a big concern of ours’

A lack of cars to sell is no longer a problem for Penske Automotive Group,...

2February 2024

Jaguar Land Rover posts best quarterly profit since 2017

The results are confirmation of the success of JLR’s change of focus to higher priced,...

2February 2024

NADA economist predicts 15.9 million new light-vehicle sales in 2024

The National Automobile Dealers Association’s top economist, Patrick Manzi, said he’s predicting new light-vehicle sales...

2February 2024

Better days could be ahead for suppliers, but some concerns persist

Supplier outlook could prove a bit brighter as production levels stabilize, interest rate hikes stop...

2February 2024

Lotus electric unit readies listing despite EV stocks turmoil

The upper-premium positioning of Lotus Tech’s range of SUVs and sedans means the company is...

2February 2024

Kan. dealership could pay back customers $2 million if Chiefs win Super Bowl

More than 60 customers who bought a vehicle from Family Mitsubishi in Wichita will get...

2February 2024

Column: Electric vehicles, partisan identity and the Elon Musk paradox

Republican campaign strategist Mike Murphy aims to disentangle partisan politics from EV adoption....

2February 2024

Stellantis CEO sees the rise of Chinese automakers fueling M&A

Carlos Tavares views the rise of Chinese automakers and the EU’s efforts to phase out...

2February 2024

Polestar troubles signal ‘shakeout time’ for EV industry

A global EV-demand slowdown could now weed out weaker players or force a consolidation wave...

2February 2024

VW investing $1.8B in Brazil to offer electrified models

Brazil’s Green Mobility and Innovation program includes tax incentives for companies that invest in decarbonization...

2February 2024

Tesla recalls nearly all its U.S. vehicles for incorrect font size on warning lights

Tesla began releasing an over-the-air software update on Jan. 23, free of charge, to fix...

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