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......»»
Threat of slimmer used-car profits, supply allows for little slack in 2024, dealers say
Franchised dealership and auto retail group leaders spoke with Automotive News in June and July about used-car market certainties and uncertainties in 2024......»»
North American EV battery capacity plans grow tenfold after incentives, Energy Department says
Planned battery cell production would power about 14 million light-duty EVs annually by 2030, according to the DOE......»»
CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit
Nissan CEO Makoto Uchida says soaring U.S. selling expenses fueled a 99 percent plunge in it’s quarterly operating profit, forcing him to cut the company’s full-year earnings forecast......»»
Volvo softens EV-or-bust strategy as hybrids show promise
Some Volvo dealers fear the consequences of sticking to the 2030 target as EV growth slows, and CEO Jim Rowan says hybrids can be a bridge for customers not ready to dump gasoline......»»
Dealers should adopt some practices now ahead of CARS Rule decision, experts say
The Federal Trade Commission's CARS Rule is on hold pending a legal challenge in the U.S. 5th Circuit Court of Appeals by the National Automobile Dealers Association and Texas Automobile Dealers Association, but dealerships might still wish to take s.....»»
5 risks to watch as Nissan readies key earnings update
Nissan embarks on a new midterm business plan focused on growth. Here are the top risks to watch as CEO Makoto Uchida unveils the first quarterly earnings of the new era......»»
Top five risks to watch as Nissan readies key earnings update
Nissan embarks on a new midterm business plan focused on growth. Here are the top risks to watch as CEO Makoto Uchida unveils the first quarterly earnings of the new era......»»
GM Wentzville production idled by UAW strike at Lear seating plant
Production of midsize pickups and full-size vans at GM's Wentzville, Mo., assembly plant has been impacted by a strike at a nearby supplier factory......»»
GM ups guidance after posting 14% higher profit, record Q2 revenue
GM said it set records for global revenue, North American profit and North American revenue in the second quarter, by strong sales of pickups and SUVs......»»
Tesla to report Q2 earnings amid falling sales, hopes for a robotaxi future
To counteract falling sales in major markets including the U.S., Tesla has offered a series of price cuts and incentives, including subsidized financing and lease deals that could dig into second-quarter profits, analysts said......»»
Ford to build Super Duty pickups at Canada plant instead of EVs
Ford said it will spend $2.3 billion to install assembly and integrated stamping operations at Oakville Assembly, which will add about 400 more jobs than EV production would have. .....»»
U.S. EV registrations rose 9.6% in May on incentives, but Tesla fell for 4th month
Battery-electric models from 31 brands captured 7.5 percent of the U.S. light-vehicle market up from 6.8 percent a year earlier, the latest registration data from S&P Global Mobility showed......»»
Editorial: EV cost clarity is key for industry transition
The true cost of owning electric vehicles is befuddling consumers, dealers and much of the industry......»»
Nissan positions redesigned Kicks crossover in sedan territory
Nissan has told dealers the Kicks redesign will come with a price increase of less than $500 over the outgoing model. All-wheel drive carries a $1,500 premium......»»
Auto industry sees website satisfaction surge amid post-pandemic recovery
J.D. Power's website manufacturer satisfaction survey found that increased inventory, incentives and rebates have resulted in the highest overall satisfaction with car manufacturer websites since before the pandemic......»»
Coastal dealers talk insurance costs, hurricane preparation know-how
NOAA expects a more active Atlantic hurricane season. Dealers, already wary of higher insurance cost,s are monitoring it......»»
Major data breaches that have rocked organizations in 2024
This article provides an overview of the major data breaches we covered in 2024 so far, highlighting incidents involving Trello, AnyDesk, France Travail, Nissan, MITRE, Dropbox, BBC Pension Scheme, TeamViewer, Advance Auto Parts, and AT&T. Find out w.....»»
Stellantis dealers press leadership for help moving metal
Stellantis retailers laid out their concerns and needs to CEO Carlos Tavares as inventory piles up and market share drops......»»
Honda leaps Stellantis, pickups down in "24
Although the industry grew 2.2% in the first half of the year, GM, Hyundai-Kia, Stellantis and Tesla experienced declines......»»
Car thieves target Michigan dealerships; police say it"s an organized theft ring
Dealers are being advised by Michigan State Police to keep their keys in a safe and increase security measures to mitigate the impact......»»