Illinois Dealers Lose Direct-Sales Fight
Lawsuit that sought to bar such sales in the state by Rivian, Lucid dismissed.
Lawsuit that sought to bar such sales in the state by Rivian, Lucid dismissed.
Chip shortage weighs on its sales more than some other competitors.
Also simplifies web address in effort to add to its ease of use.
Company rebrands to emphasize focus on improving customer experience in automotive industry.
Small decrease balanced by higher sticker prices.
Loosening inventories balance economic pressures, including rising interest rates.
The year closed out with another week of above average weekly depreciation.
Safety issues affected 8.6 million vehicles.
Diesel fuel prices have started to fall, but they still remain at historical highs.
As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.
Sales of new automobiles plunged to under 14 million vehicles in 2022, the lowest since 2011, reports Kelley Blue Book.
Dealer profits still high, though fewer units marked above MSRP.
NADA says measure passed by Senate would give those using LIFO more time to replenish.
Report shows used models in particular to fall as new-car inventory improves.
Used-car retailer grapples with waning demand in face of economic challenges.
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