Auto News

Tariff Impact Forecast

By Tricor Admin | April 17, 2025

Automakers will need to absorb at least some of the tariff costs, including deciding whether to maintain lower-margin but highly tariffed models, J.D. Power predicts.Pexels/Adrian Gambet With the obvious caveat that the U.S. economy is challenging to predict right now, a new forecast at least tries to pin down what the auto industry could expect…

Chrysler Marks Centennial

By Tricor Admin | April 17, 2025

The Chrysler Halcyon concept car is one of three company vehicles on display at the New York auto show to illustrate the automaker’s past, present and future. Stellantis North America Chrysler, now known as Stellantis North America and one of the “big three” Detroit-area automakers, is kicking off its centennial celebration. The company is showcasing…

Road Deaths Drop

By Tricor Admin | April 15, 2025

An estimated 14 states and Washington, D.C., saw traffic death increases last year. Pexels/Kaique Rocha U.S. traffic deaths fell last year for the first time since the 2020 pandemic-era surge began, though fatalities were still well above levels recorded a decade ago. The 4% decrease still resulted in a sobering number of people who died…

Black Book: Weekly Market Update

By Tricor Admin | April 15, 2025

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World EV Sales Up

By Tricor Admin | April 15, 2025

First-quarter EV sales in North America rose 16% to half a million, though tariffs and tax break elimination would curb growth. Pexels/Kindel Media Global electric-vehicle sales jumped in the first quarter, though market analysts expect the growth to slacken as a trade war and reduced incentives are poised to dampen sales. EV deliveries surged 29%…

Read This Menu

By Tricor Admin | April 14, 2025

Menus help auto dealers as both a selling tool and a compliance tool. Pexels/Mikhail Nilov When I started writing articles many years ago, a highly respected mentor told me I must grab the interest of my audience by telling a story. Whether the story is personal, funny or a life lesson, readers gravitate toward writers…

AiAuto Debuts AI-Driven Solutions

By Tricor Admin | April 11, 2025

Suite of products aimed to transform how dealerships operate, engage with customers, and drive sales. AiAuto, a provider of artificial intelligence-driven technology for the automotive industry, launched a suite of products designed to transform how dealerships operate, engage with customers, and drive sales. With a focus on innovation and real-time customer experiences, the company aims…

Caring Culture Pays Off

By Tricor Admin | April 10, 2025

The culture a business cultivates with its employees will inevitably ripple outside its walls. Pexels/Antoni Shkraba Auto dealers and automakers recently contributed millions of dollars and other resources to help out with Los Angeles wildfire relief efforts. The philanthropy didn’t surprise me, as I’ve seen the industry’s generosity in action throughout the few short years…

Auto Tariffs Still in Play

By Tricor Admin | April 10, 2025

Market watchers expect continued healthy sales in the short term as dealers sell existing stock and consumers buy before the tariff effect takes hold, but they foresee the duties cutting demand as prices exceed already inflated levels. Pexels/Kelly Though President Donald Trump paused reciprocal trade tariffs for 90 days against trading partners across the world,…

Auto Loans Easier to Come By

By Tricor Admin | April 10, 2025

Though more consumers could borrow for a new vehicle, many may be paying more. Pexels/Sora Shimazaki Auto credit access reached a more than two-year high in March as approval rates increased and conditions loosened among all channels. Cox Automotive’s All-Loans Index rose 3% year-over-year to 96.4 as approval rates increased by 150 basis points. Several…