Black Book: Weekly Market Update
The volume-weighted, overall truck segment decreased 0.50%, smaller than the prior week’s decrease of 0.70%, though all 13 truck segments fell.
The volume-weighted, overall truck segment decreased 0.50%, smaller than the prior week’s decrease of 0.70%, though all 13 truck segments fell.
S&P Global Mobility also raises full-year expectations as industry continues pandemic recovery.
![CEO Mary Barra told shareholders that, '… we are taking new steps that will reduce GM’s costs and improve our [electric vehicle] margins over time.' - IMAGE: General Motors](https://dealerimages.bobitstudios.com/upload/auto-dealer-today/content/news/2023-07/mary-barra-__-600x300-mc.png)
Automaker says North American performance was down.
This marks the seventh consecutive year the company has been selected by dealerships nationwide to receive this distinguished industry honor for best F&I Ancillary Products, and the ninth year in a row for RoadVantage to win top-honors awards in this category.
Report says EPA ratings have several challenges that make some in the industry question their accuracy.
Milestone puts battery-electric models in third place behind hybrid-electrics and gas-powered models.
Muscle cars and EVs are among the models on the chopping block.
Kia and Volvo will lead the way with introductions of SUVs with third-row seating in coming months.
Electric midsize pickups, full-size SUVs and sports cars are planned.
JD Power survey shows declining satisfaction for two consecutive years.