Gas/electric hybrids accounted for 12.4% of U.S. new light-vehicle sales in the first quarter while market share remained essentially flat for battery electric vehicles and plug-in hybrids. +
EVAI founder Ian Gardner says dealers must arm their sales teams with a broader and deeper understanding of the factors that drive EV purchases, including TCO and charging infrastructure. +
Automotive News reports new vehicle sales improved for Ford, Hyundai and Kia and fell by double digits for Mazda in May, dropping the SAAR below 16 million as factories scaled back incentives. +
Volkswagen will extend its price freeze on new U.S.-sold units through the end of June. Sources say VW and fellow German automakers BMW and Mercedes-Benz may be close to a tariff exemption. +
Cox Automotive’s Dealer Sentiment Index ticked downward as economic concerns outweighed strong customer traffic and sales, including a 10-point bump in in-person visits to franchised dealerships. +
The U.S. Senate approved a measure that revokes an EPA waiver that would have allowed a group of states, led by California, to ban the sale of light duty gas vehicles and gas/electric hybrids. +
The average age of a registered light duty vehicle hit an all-time record of 12.8 years in 2024, registering a second consecutive 60-day year-over-year increase, according to S&P Global Mobility. +
Subaru will raise prices on nearly every U.S.-sold model starting in June, according to Motor1 and other sources, citing “market conditions” without specifically mentioning new tariffs. +
The California New Car Dealers Association has officially demanded that Honda and its Sony Honda Mobility division stop collecting deposits for the Afeela 1 EV from California residents. +
Spectrum Automotive Holdings has established May 19 as National Automotive Dealer Day via the National Days Archive. +
