Port congestion in China, closures in Ukraine, and ongoing supply chain issues will not slow output, reported Milan Nedeljkovic, production chief for BMW AG.

Toyota Motor Corp will cut global production by about 100,000 to roughly 850,000 vehicles in June due to the semiconductor shortage.

High gas prices lead more shoppers to consider traditional sedans and hybrids in the first quarter of 2022, likely benefiting Toyota.

The company plans to delay filling some open positions after hiring 7,000 new salaried workers already in 2022.

S&P research shows the average vehicle age rose to 12.2 years in 2022, representing a 2% increase from 2021.

The 2022 Working Relations Index shows Toyota in first place, with Honda rapidly closing in.

Notable recent auction sales include a 2017 Ferrari LaFerrari Aperta.

General Motors hopes its Ultium platform, which consists of batteries, motors, software and other components, will help it grow EV market share and overtake...

The company plans to offer insurance coverage to 80% of the U.S., before taking its insurance offering international.

The Illinois Secretary of State Police temporarily blocked Carvana’s dealer license for failing to properly transfer vehicle titles.

New-vehicle affordability declined slightly in April despite revised data indicating stronger income gains, according to the latest Cox Automotive/Moody’s...

The challenge arises over the EPA decision to reinstate the waiver and withdraw its interpretation of the Clean Air Act that would prohibit other states...

This week, NADA and 12 industry partners urged Congress to take up the PART Act to help fight catalytic converter theft, and specifically asked for the...

The National Automobile Dealers Association and 12 other trade groups to urge Congress to advance a bipartisan bill to combat this rising threat.

The Estimated Average Weekly Sales Rate continues to increase and now is at 72%.

Q1 2022 TransUnion Credit Industry Insights Report explores latest credit trends.

While demand for commercial vehicle inventory remained high, several movements in the data indicated there are trends shaping the industry and driving buyer...

The seasonally adjusted Retention Index went down to 185.4 points in April 2022 as high gas prices strengthen some segments and weaken others.

The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.

The Fed delivered on expectations today by raising the target rate for the Federal Funds Rate by half of a percentage point and announcing the plan to start...

The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.

The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.

Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its...

Acquisition adds complementary product portfolio to Protective's asset protection division.

Inventory shortages have vehicle lessees re-evaluating their end-of-lease options.

Penske Automotive Group first quarter net income sored from $183.1 million year over year to $369.5 million.

Most categories of dealership service and parts businesses have recovered from COVID-19 shutdowns, especially customer-pay work.

General Motors has requested its suppliers to sign a pledge of carbon neutrality and commit to social responsibility programs and sustainable procurement...

The ongoing microchip supply shortage has caused automakers to trim 87,500 more vehicles from their production forecasts, reports AutoForecast Solutions.

The consistency of new vehicle inventory levels over the last six months suggests that the industry is readjusting to a ‘new normal’ level of inventory...

As electric vehicles become more commonplace, the need for dedicated F&I products grows.

The team at Kelley Blue Book has assembled two broad reports from the first quarter: One is a look across industry-wide U.S. sales in Q1, the other a narrow...

To help car shoppers discern the best among all available new EVs, Autotrader has named the 10 Best Electric Vehicles for 2022. 

The industry saw 14.3% month over month growth, but CPO sales still fell 23.3% short of 2021 sales for the same month.

Higher gas prices are affecting the demand for trucks and SUVs – almost all the non-luxury crossover / SUV and pickup segments of all ages are depreciating...

Consumers seeking lower prices on dealership lots must wait until 2023, reported auto-industry leaders at the New York International Auto Show.

Industry leaders dispel the notion that dealers do not support EV sales.

Stellantis has suspended production at its Russian plant, which employs 2,700 people, over logistical difficulties and sanctions imposed on Moscow.

The Company will hold a conference call to discuss these financial results when it ascertains a definitive filing date.

Experts suggest automakers focus their attention on the user experience and greater collaboration as they content with limited semiconductor chip supplies.

Hyundai Motor Corp. will build an assembly plant in the U.S. for electric vehicles and batteries, COO Jose Muñoz announced.

GM reported it had agreed to a multiyear deal for cobalt from Glencore’s Murrin Murrin mine in Australia.

The Estimated Average Weekly Sales Rate decreased a little last week to 67%, with sellers holding firm to floor pricing.

The luxury automaker credits strong factory-dealer communications as the reason dealers could sell into the pipeline.

The first quarter of 2022 came to a close with new-light vehicle sales in March totaling a SAAR of 13.4 million units, a decline of 4.6% compared to...

Manheim Market Report values saw weekly price increases that accelerated in each full week of March after the first week saw the smallest decline thus far...

While an F&I agency would likely have access to consumer information both less in quantity and sensitivity than what a dealership possesses, the information...

General Motors and Honda Motor Co. announced plans to develop a line of affordable electric vehicles (EVs) with a focus on compact crossovers.

Tesla Inc. has had to shut down its plant in Shanghai for a total of 12 production days in recent weeks because of China’s COVID-19 lockdowns.

The seasonally adjusted Retention Index went down to 187.7 points in March 2022 as modified Spring arrives late.