Auto News
Product Spotlight: An Interview with ECP’s Lead Chemist
F&I met with ECP to discuss the company’s defining traits.
General Motors Manufacturing Investments Include ICE Engines
The Detroit automaker has earmarked $854 million to prepare four plants to produce its sixth generation Small Block V-8 engine.
Auto Sales Decline in December
Cox reports that in the auto sector sales of motor vehicles and parts fell in December.
Customers Less Satisfied with Buying Process in 2022
New research from Cox Automotive shows consumer satisfaction with the car buying process declined in 2022 for the second consecutive year.
Tesla Leads in Profit Per EV
Tesla has built a commanding lead over most major rivals in profit per vehicle, according to Reuters research.
Auto Leases Fell in 2022
TransUnion research finds a lack of inventory and low interest rates turned consumers away from leasing new cars and trucks over an 11-month period.
Car Financing Costs Will Keep Rising This Year
Interest rates will continue climb, eating into inventory improvements’ effect.
Reynolds, Gubagoo to Launch Future of Retail Anywhere at NADA
To showcase how customers can shop from chat to funded deal with no dealership calculation adjustments to match online quotes.
Auto Market Experiences Ups and Downs
Cox’s Auto Market Weekly Summary for January 13 shared both positives and negatives.
Demand Destruction a Concern for 2023
Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.