Honda’s R&D chief told Reuters that solid-state batteries could double the driving range of its electric vehicles by the late 2020s. +
Software company UVeye, which offers an AI-powered vehicle inspection product, earns a spot on TIME’s prestigious list of the year’s top innovations. +
Kelley Blue Book reports U.S. used-vehicle sales by franchised and independent dealers increased in October, improving by 7% month-over-month and 12% year-over-year. +
President-elect Donald Trump announced he will nominate Sean Duffy to lead the U.S. Department of Transportation, succeeding Biden administration appointee Pete Buttigieg. +
President-elect Donald Trump will take office with plans to levy tariffs, delete EV tax credits and rely on the counsel of Elon Musk, forcing auto industry leaders to prepare for multiple outcomes. +
A dramatic dropoff in sales has all but put the brakes on the Jeep Gladiator, which made waves with its 2019 debut but lost traction in the years that followed. +
Don Franklin Automotive Group broadened its dealership portfolio with the acquisition of Knox Ford from owner Gary Haupt, who will focus his attention on his larger Ford dealership in Louisville. +
Sam Leman Automotive Group purchased Champaign (Ill.) Chrysler Jeep Dodge Ram, Yahoo Finance reported. +
The Federal Reserve’s recent rate cuts in addition to an increase in automakers’ incentives are helping to stabilize the auto market, a good sign for dealers and consumers. WardsAuto's Nancy Dunham reports.+
Senator-elect Bernie Moreno, a former dealer and factory executive, says he wants to scrap policies that produce “cars people don’t want." +
