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Newsby StaffFebruary 8, 2023

Penske Auto Income Makes Q4 Record

Revenue also up for year. Q4 profit, meanwhile, falls due to market shifts.

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Newsby StaffFebruary 8, 2023

Volvo’s, Other Carmakers’ Eyes on US

Biden’s green-tech offerings so far more attractive for investments than Europe’s idea.

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Newsby StaffFebruary 7, 2023

Black Book: Weekly Market Report

The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.

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Newsby StaffFebruary 7, 2023

Used-Car Prices Rise in January

Report shows unseasonable demand that was unexpected.

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Newsby StaffFebruary 7, 2023

Nissan, Renault End Talks With New Deal

Refreshed alliance gives Nissan equal footing in two-decade partnership.

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Newsby StaffFebruary 6, 2023

Buy-Sell Market to Stay Robust This Year

Defying market headwinds, dealer groups plan to spend excess cash.

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Newsby StaffFebruary 6, 2023

Vehicle Affordability a Growing Problem

Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.

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Newsby StaffFebruary 6, 2023

Ford, GM Target Cost Cuts

Ford tries to reverse losses while GM looks to further strengthen position.

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Newsby StaffFebruary 6, 2023

Fleet Sales Boost Light New Vehicle Sales

The light new-vehicle sales pace increased in January to 15.7 million, while new vehicle prices declined slightly, and incentives increased.

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Newsby StaffFebruary 3, 2023

EV Tax Credit Rules Tweaked to Qualify More Models

SUV definition changed, opening breaks to Lyric, Tesla Model Y, others.

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