An EV for $44 a month? French program benefits lower-income households

31January 2024

An EV for $44 a month? French program benefits lower-income households

State-subsidized “social leasing” program includes popular models from Renault, Stellantis, Nissan and Hyundai, with no...

31January 2024

After signing Mills group as 1st U.S. dealer, Fisker heads to NADA Show to recruit more

In Fisker’s pivot to franchised dealers from direct sales, the EV startup is pursuing dealers,...

31January 2024

Tesla sued by California counties over hazardous waste

A group of 25 California counties have sued Elon Musk’s Tesla, claiming the EV maker...

31January 2024

Elon Musk’s ‘unfathomable’ $56 billion Tesla pay package

Musk’s 2018 compensation package created 12 installments of options – each equivalent at the time...

31January 2024

Auto finance experts say affordability is still a concern

The average new-vehicle loan amount was just under $41,000 in late 2023, and the average...

31January 2024

Federal Reserve leaves interest rates unchanged, says more ‘confidence’ needed in inflation slowdown before cuts

For the auto industry, interest rates remain top of mind for franchised dealerships....

31January 2024

Fiat teases new 500e EV limited release with Jennifer Lopez

A video with singer and actress Jennifer Lopez, who previously made Fiat ads, shows a...

31January 2024

F1 says no to Andretti but door open for 2028 with GM

Formula One rejected on Wednesday a bid by U.S.-based Andretti to enter in 2025 or...

31January 2024

Ford to provide free adapters to connect to Tesla EV chargers

Ford said eligible customers will be able to reserve the charging adapter this spring. More...

31January 2024

Group 1 Q4 net income falls more than 30%; revenue gains 10%

New-vehicle sales grew 14.8 percent in the fourth quarter, but gross margin for new vehicles...

31January 2024

Three dealership groups, brothers acquire stores in Q4, Q1 deals

Two transactions involved dealers ranked on list of top dealership groups....

31January 2024

Aptiv Q4 profits soar to $905M amid increased production; Company will stop funding AV startup

The company posted revenue of $4.9 billion and net income of $905 million in its...

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