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Henrik Fisker met with Bloomberg to elaborate on plans to build an all-electric SUV by 2021. The...


Bloomberg: Pivot to SUV Is Hail Mary for Fisker

A one-on-one with Bloomberg’s Hannah Elliott did little to lend credibility to Henrik Fisker’s plan to produce a $40,000 all-electric SUV by 2021, when it will face direct competition from Tesla’s Model Y and at least four established highline factories.

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Trump Budget Kills EV Tax Credit

There is no extension of the tax credit for buyers of the Chevrolet Bolt and other electric...

The White House’s proposed 2020 budget would allow the federal electric-vehicle tax credit to expire and terminate an Energy Department program that helped fund investments in EV production by three manufacturers in seven states.


Manheim Releases M LOGIC Product Suite

Manheim has released a suite of new wholesaling technology designed to enhance valuation,...

Manheim’s new suite of decisioning products promises to deliver new value to wholesale clients by leveraging data and insights from Manheim and parent company Cox Automotive.


March Days’ Supply Hits 10-Year High

Factories and dealers had a 78-day supply of new cars and light trucks on hand at the beginning...

U.S. dealers started the month with a 78-day supply of unsold vehicles, the highest number for March since 2009 and the largest total volume since July 2017, according to Automotive News.


Fuel Efficiency Reaches Record 24.9 MPG

EPA analysts expressed “legitimate concerns” about the auto industry’s ability to meet impending...

The average fuel efficiency of light-duty cars, trucks, and SUVs reached a record-high 24.9 miles per gallon for the 2017 model-year, according to EPA analysts, who warned the industry may have trouble meeting future standards.