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Categories: Awards, Dealer Ops
BEVs Represent Two-thirds of the NACTOY Finalists

The field of finalists for the 2023 North American Car, Truck and Utility Vehicle of the Year Awards includes six battery-electric vehicles.

https://www.fi-magazine.com/369454/bevs-represent-two-thirds-of-the-nactoy-finalists
Categories: Dealer Ops, Digital, Fixed Ops, Industry, Product & Technology, Showroom
South Korea Seeks Grace Period to New EV Credit Rules

South Korea wants a three-year grace period on the U.S. Inflation Act to enable Korean automakers to keep receiving U.S. electric vehicle (EV) incentives.

https://www.fi-magazine.com/369309/south-korea-seeks-grace-period-to-new-ev-credit-rules
Categories: Dealer Ops, Industry, Showroom
Car Sales Up at Multiple Brands as Honda Continues Skid

Honda points to continued supply issues as overall industry inventory improves.

https://www.fi-magazine.com/369252/car-sales-up-at-multiple-brands-as-honda-continues-skid
Categories: Dealer Ops, Industry, Showroom
Hyundai to Focus on Luxury Models, SUVs and EVs

Hyundai Motor Co. will focus on luxury models, SUVs and electric vehicles (EVs) to achieve record-high earnings in 2022.

https://www.fi-magazine.com/369178/hyundai-to-focus-on-luxury-models-suvs-and-evs
Categories: Auto Finance, Dealer Ops, F&I, Industry
Hyundai, Kia Reveal Bad Q3 News

Korean carmakers say old recalls still affecting profits.

https://www.fi-magazine.com/369131/hyundai-kia-reveal-bad-q3-news
Categories: Compliance, Industry, Product & Technology
Parts Supplier Fined Over Child Labor

Alabama supplier to Hyundai, Kia paid over $30,000 in penalties after investigation found teens as young as 13 working at plant.

https://www.fi-magazine.com/369097/parts-supplier-fined-over-child-labor
Categories: Dealer Ops, F&I, Industry, Product & Technology, Sales
Q3 New-Car Sales Mixed

GM surges, peers also gain, though some see declines amid market pressures.

https://www.fi-magazine.com/369025/q3-new-car-sales-mixed
Categories: Awards, Dealer Ops, Fixed Ops, Industry, Showroom
New Vehicle Purchasers Stick With Favored Brands

A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.

https://www.fi-magazine.com/368985/new-vehicle-purchasers-stick-with-favored-brands
Categories: Dealer Ops, Industry, Showroom
Thefts of Hyundai and Kia Vehicles Soar

IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model...

https://www.fi-magazine.com/368946/thefts-of-hyundai-and-kia-vehicles-soar
Categories: Auto Finance, Dealer Ops, Fixed Ops, Industry, Sales, Showroom
Ford Motor Co. Sees Sales Rebound in July

Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the...

https://www.fi-magazine.com/368592/ford-motor-co-sees-sales-rebound-in-july


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