News

New Mazda SUV Part of Industry Electrification Trend

December 14, 2022

Details of CX-90 to be fully revealed in January.

Used Vehicle Prices Drop as Other Costs Remain High

December 14, 2022

The most recent Consumer Price Index from the U.S. Bureau of Labor Statistics shows a slight but promising decline in used car prices.

N.C. Stores Bought From One of Top U.S. Groups

December 14, 2022

Hudson Automotive buys nine from Asbury.

Redwood Materials to Build S.C. Battery Manufacturing and Recycling Facility

December 14, 2022

The new facility will employ 1,500 people and produce enough cathode and anodes components to supply 1 million EVs annually.

DriveItAway Partnership Launches Subscriptions in Canada

December 13, 2022

Partners with Legacy Auto Credit in Ontario for app-based subscription-to-ownership program.

Black Book: Weekly Market Report

December 13, 2022

Sales rates continue to be less than ideal, with many buyers exercising caution for fear of loading up on inventory that does not turn quickly, especially when values are experiencing heavy declines week after week.

F-150 Lightning MotorTrend’s Truck of the Year

December 13, 2022

Magazine cites in part the model’s appeal to existing truck owners.

AutoNation Picks Up Mobile Repair Service

December 13, 2022

RepairSmith acquisition boosts its offerings and opens up new customer opportunities.

U.S. Energy Department Finalizes Loan for GM Battery Venture

December 12, 2022

The U.S. Energy Department finalized a $2.5 billion loan to a joint venture of General Motors Co. and LG Energy Solution for three lithium-ion battery cell manufacturing facilities.

Toyota to Adjust EV Strategy

December 12, 2022

The automaker plans to adjust its electric vehicle strategy and provide it to key suppliers early next year, report people close to the project.