U.S. Energy Department to Loan $2.5 Billion to GM Joint Battery Venture
The money will help a joint venture of General Motors Co. and LG Energy Solution finance the construction of new lithium-ion battery cell manufacturing facilities.
The money will help a joint venture of General Motors Co. and LG Energy Solution finance the construction of new lithium-ion battery cell manufacturing facilities.
Despite challenges, TransUnion’s Credit Industry Insights Report shows consumer health and demand for new vehicles remains strong.
GM and Ford seek exemptions to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals.
The EV automaker appears positioned for another growth phase as long as the global economy stays strong, analysts say.
Volvo Cars points to a potential slump in retail sales in 2022 after posting higher second-quarter profits.
Working out a custom plan for your dealership that incorporates your learnings is an effective way to encourage transparency, improve efficiencies, and ensure a smooth, compliant experience for all.
TransUnion study compares electric vehicle and traditional internal combustion engine buyers.
Auto manufacturers cut over 100,000 vehicles from North American production schedules because of the global microchip shortage last week, reports AFS.
The National Automobile Dealers Association has challenged the Federal Trade Commission's proposed rules on dealership advertising and finance and insurance.
The Estimated Average Weekly Sales Rate increased to 67%.
Over the last two weeks, Manheim Market Report prices saw higher-than-normal but decelerating declines.
Total used-vehicle sales in June are estimated to be near 3.21 million units, down 5% from June 2021, according to Cox Automotive.
With low inventory and high demand, incentives dropped to a record low in June, averaging only 2.3% of the average transaction price.
One-quarter of Americans say they will consider an electric vehicle for their next vehicle.
McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.