With a SAAR this hot, who needs big incentives?
Despite plummeting new-vehicle inventory and falling spiffs, U.S. auto dealers had a strong April......»»
Lucid"s Q2 sales rise 71% on factory incentives of more than $16,000 per vehicle
Lucid said it delivered 2,394 Air sedans in the second quarter on production of 2,110. Factory incentives in the quarter rose to $16,537 per vehicle versus $9,924 a year earlier, Motor Intelligence said......»»
Abandoned farmlands could play a role in fighting climate change. A study shows exactly where they are
Farmland is often a battleground in the fight against climate change. Solar panels and energy crops are pitted against food production, while well-intended policy choices can create incentives for farmers to till up new lands, releasing even more hea.....»»
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.....»»
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......»»
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......»»
Low-intensity grazing is locally better for biodiversity but challenging for land users, study shows
A team of researchers led by the German Centre for Integrative Biodiversity Research (iDiv), Leipzig University (UL), and the Helmholtz Centre for Environmental Research (UFZ) has investigated the motivation and potential incentives for and challenge.....»»
Here are the 5 least expensive EVs in the first quarter
Each of the five least expensive EVs is less than $41,000 with automaker and dealer incentives, according to Cox Automotive data......»»
Chinese EV makers won’t get subsidies from Mexico after US pressure
Mexico has offered generous incentives for automakers in the past. Enlarge / The Chinese automaker BYD has every other electric vehicle maker worried. (credit: John Keeble/Getty Images) The United States has won an impor.....»»
Mexico, facing U.S. pressure, will halt incentives to Chinese EV makers
Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with t.....»»
Planned EV battery plant in Detroit sparks concern from residents
The problem is that the first the public heard about the project was after government incentives were approved, a community organizer says......»»
Reviving Europe"s orchard meadows: Researchers call for action
A study spearheaded by researchers at the Helmholtz Center for Environmental Research and Macquarie University has highlighted the important ecological role of traditional orchard meadows, calling for political and public support and incentives for f.....»»
March sales look robust, thanks to incentives and inventory
Analysts see March U.S. auto sales as the best month since May 2021 because of increasing inventories — and resulting rising incentives and retreating prices......»»
Lincoln dealers work to sell down glut of 2023 models
The luxury brand has boosted incentives to help dealers clear 2023 models that arrived late because of quality issues and the UAW strike......»»
Credit unions and banks fall to captives in auto finance market share
A return of captive finance incentives is likely driving the shift in market share, said Experian's senior director of automotive financial solutions......»»
F&I wait times improving while total time to buy a car lags
Contract signing, financing, incentives and rebates, and titling saw improvements in wait times. Consumers saw increases in wait times for test drives, credit applications and trade-ins......»»
7 key takeaways from U.S. auto sales in February
February marked the 19th consecutive month when sales increased year over year, with the SAAR topping 16 million for the fourth time in the past year......»»
National Auto Auction Association executives talk 2024 outlooks
NAAA executives say interest rates, repossession activity, the trickle-down effect of new-vehicle incentives and the U.S. presidential election are top of mind for them in 2024......»»
Ford slashes price of electric Mustang Mach-E after sales plunge
Ford Motor Co. cut the price of its electric Mustang Mach-E by as much as $8,100 after its sales tumbled 51% in January when the automaker had to stop offering tax incentives on the EV......»»