Nissan clings to incentives for dealers on pickups
The brand will continue its sales-based program to move its full-sized Titans despite vowing to end its "stair step" scheme......»»
Ford poised to lift restrictions on which dealers can sell EVs
Ford, after 11 meetings with dealers around the U.S., plans to undo a key element of the EV certification it launched in 2022, prompting backlash and lawsuits......»»
Researchers: A rush on critical minerals is coming for Australia"s most remote and disadvantaged communities
The Australian mining industry was promised billions of dollars in last week's federal budget to boost critical minerals such as lithium, copper and rare earth metals. This includes tax incentives, an innovation fund and money for Geoscience Australi.....»»
Top 5 stories of the week: Ford asks dealers to pause EV investments; U.S. vehicle age reaches new heights
A quick look at the top automotive stories of the week as determined by reader interest......»»
New-vehicle incentives surge in May but bigger discounts still to come
While new-vehicle incentives in May increased year over year, there's still room to grow through the remainder of 2024, analysts say......»»
New jobs in doubt as Ford and GM change plans for massive Michigan EV factories
Delays and fewer jobs have become recurring themes for high-profile automotive projects in Michigan, which has bet billions of dollars in taxpayer-funded incentives on the EV transition......»»
New-vehicle incentives surge year over year in May but bigger discounts are still to come
While new-vehicle incentives in May increased year over year, there's still room to grow through the remainder of 2024, analysts say......»»
Ohio Sen. Sherrod Brown attacks Bernie Moreno"s history as car dealer
Dealers who support Bernie Moreno's campaign for Senate say his opponent's ad unfairly maligns their businesses and employees......»»
Ford tells dealers to halt EV investments while it alters certification program
The automaker plans to work with its dealer council in the coming weeks to make changes in response to feedback from a series of nationwide dealer meetings......»»
Dealership lawsuit accuses Mitsubishi of ‘making false promises"
A terminated Kansas City, Kan., dealership has accused Mitsubishi Motors of North America of "mistreating its dealers by making false promises" in a bid to drive it and other dealerships out of business or move their points......»»
Nissan pauses and reshapes plans for building U.S. EVs
Nissan will expand the number of battery-powered models produced at its Canton, Miss., factory — adding a fifth model. That vehicle — codenamed PZ1L — is expected to be a compact crossover......»»
Five years on, Carlos Ghosn saga brings Nissan profit boost, new hearing for Greg Kelly
The Carlos Ghosn scandal continues to reverberate, as this month Nissan booked an unexpected profit windfall thanks to a favorable court ruling that followed the stunning corporate saga......»»
Six public franchised dealership groups sweeten 2023 CEO pay with extras as Lithia"s DeBoer sees largest gain
Lithia, AutoNation, Asbury, Penske, Sonic and Group 1 pay a relatively modest base CEO salary but then sweeten compensation with other incentives. DeBoer's 2023 total jumps 73 percent......»»
Tesla Cybertruck beats Rivian R1T in March registrations, but Ford leads in EV pickups
In its fourth month on sale, the Tesla Cybertruck had 1,158 registrations versus the Rivian R1T's 548. The Ford F-150 Lightning led the EV pickup segment with 2,893, S&P Global Mobility data showed......»»
Honda recalls 187,290 Ridgeline pickups over issue with rearview cameras
Rearview cameras may fail when tailgate is repeatedly opened in the presence of freezing temperatures, salt......»»
BYD introduces plug-in hybrid pickup in Mexico
The Shark will be distributed globally but BYD has no plans to sell it in the U.S. — the biggest single market for pickups — at the moment......»»
Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy
A quick look at the top automotive stories of the week as determined by reader interest......»»
How well did Nissan CEO Makoto Uchida execute his midterm plan? Here are the grades
Nissan Motor Co. CEO Makoto Uchida gave himself a "B" grade for shepherding Nissan through his first midterm business plan......»»
ACV reports Q1 net loss of $20M; revenue up 22%
ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»
NADA Academy preps future dealership owners, staff for changing times
Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future owners to face an industry challenged by consolidation, inflation and the perils of new technology......»»
Despite Nissan"s missed targets, CEO Makoto Uchida gives himself a B, shifts to volume mode
CEO Makoto Uchida says Nissan has strengthened its business significantly over the course of his first midterm business plan but still must "work harder" to boost global volume. Here's a score card......»»