Auto News
Tariff Impact Forecast
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
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
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
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World EV Sales Up
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
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
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
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
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
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…