Job Cuts on the Horizon at Ford Motor Co.
Ford Motor Co. will eliminate 3,000 jobs globally, according to a letter sent to employees Monday.
Ford Motor Co. will eliminate 3,000 jobs globally, according to a letter sent to employees Monday.
Tesla faces new competition as new electric vehicle manufacturers come onto the scene.
Dealership executives who apply and qualify will also receive complimentary flights, hotel stay, and participation in the ADX golf tournament.
Recent data points to more auto borrowers struggling to keep up with loans, but default rates remain below pre-pandemic levels.
The Federal Trade Commission has proposed new regulations that target dealership ads and F&I practices.
The Estimated Average Weekly Sales Rate remains at 65%.
The automaker’s new vehicle registrations grew 61% in the first half of the year to take the top spot among luxury automakers.
Dodge plans to offer seven low-volume "heritage-influenced" versions of the Charger and Challenger at certain dealerships before it ends their production.
Year to date, the total used market is currently on pace to finish the year down more than 12% from the 40.6 million recorded in 2021.
GM retools supply chain to get tens of thousands of vehicles awaiting parts to consumers quickly and ward off future supply chain challenges.
According to Kelley Blue Book, new-vehicle buyers remain in an “over sticker” market, paying above MSRP every month this year.
On a volume-weighted basis, the overall Car segment decreased -0.92%. For reference, the previous week, cars decreased by -0.91%.
The California Department of Motor Vehicles has asked for an administrative hearing that could result in penalties.
Two members of the U.S. House of Representatives have launched a bipartisan effort to spur legislative efforts that support self-driving vehicles.
Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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