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Newsby StaffFebruary 10, 2023

GM Plans to Invest in Lithium Mine

Stake would give it access to one of world’s biggest stores of key EV battery element.

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Newsby StaffFebruary 9, 2023

Vehicle Sales Drop in China

January decrease follows end of tax break, subsidy.

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Newsby StaffFebruary 8, 2023

Supply Chain Disruptions Affected Volkswagen Cash Flow in 2022

Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.

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Newsby StaffFebruary 8, 2023

Massachusetts AG Enters Two Settlements with Auto Industry

The AG’s Office settled with Toyota Motor Credit Corp. for illegal auto finance collection practices and Hometown Auto Framingham for discriminatory prices of add ons.

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Newsby StaffFebruary 8, 2023

Penske Auto Income Makes Q4 Record

Revenue also up for year. Q4 profit, meanwhile, falls due to market shifts.

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Newsby StaffFebruary 8, 2023

Volvo’s, Other Carmakers’ Eyes on US

Biden’s green-tech offerings so far more attractive for investments than Europe’s idea.

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Newsby StaffFebruary 7, 2023

Black Book: Weekly Market Report

The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.

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Newsby StaffFebruary 7, 2023

Used-Car Prices Rise in January

Report shows unseasonable demand that was unexpected.

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Newsby StaffFebruary 7, 2023

Nissan, Renault End Talks With New Deal

Refreshed alliance gives Nissan equal footing in two-decade partnership.

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Newsby StaffFebruary 6, 2023

Buy-Sell Market to Stay Robust This Year

Defying market headwinds, dealer groups plan to spend excess cash.

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