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Tesla price cuts that shook up the market and challenged the profitability picture for all automakers.
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For the full year, Cox Automotive estimates sales for used retail were down about 3%, curtailed by a constrained supply of newly used vehicles in the market.
Read More →Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.
Read More →The U.S. Environmental Protection Agency has asked Mitsubishi Motors to perform additional testing on models it sells in the U.S. market, after the company admitted to inflating the ratings for several Japanese models.
Read More →Although the engine is slated to appear first in the Mondeo in China, which will debut at the Auto Shanghai 2013 show, it will appear in the Fusion in North America this year.
Read More →While the company has no plans to sell the vehicle to U.S. buyers, it's hoping to "gauge market reaction" for the compact pickup, according to Volkswagen.
Read More →The COVID-19 pandemic is still plaguing the light vehicle market, but May’s sales pace is still expected to be a giant step forward on the path to recovery.
Read More →In this AF news recap, host Faith Howell covers the turbulent oil market, AV readiness, and the recent Bosch AI acquisition.
Read More →eDriving has unveiled a comprehensive, two-hour training course designed to educate, train, and motivate new and experienced drivers to adopt safer behaviors behind the wheel in the U.K. fleet market.
Read More →Mercedes-Benz is bringing several new standard safety features in the smaller van segment with its 2016 Metris, in addition to giving commercial fleets flexibility in upfitting and capacities found only in some of the larger vans on the market.
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