Automotive News reports U.S. Hyundai, Kia and Mazda dealers enjoyed double-digit gains in new vehicle sales compared with January 2024 while Ford and Toyota suffered modest losses. +
President Donald Trump levied new tariffs of 25% on goods imported from Canada and Mexico and 10% on imports from China with no exemptions for vehicles or auto parts. +
Edmunds editors put 50,000 miles on more than 300 U.S.-sold vehicles to determine which cars, trucks and SUVs they would tell their friends and family members to buy. +
WardsAuto’s Alysha Webb offers tips dealers can use to counter an expected shortfall of more than 1 million off-lease units and help prevent future shortages. +
More than two-thirds of U.S. dealers who responded to the Kerrigan Dealer Survey fear EVs will hurt business in 2025, likely contributing to a six-year low in profit expectations. +
In a survey of 3,900 U.S. franchised dealers, Presidio Group analysts found gross profit per vehicle fell in 2024 while new vehicle sales, F&I income and total revenue improved. +
Discounts of up to $2,630 for a 2024 Cybertruck tell a different tale than that predicted by Tesla executives when the fully electric pickup hit the market. Laurence Iliff offers expert analysis for Automotive News. +
Kelley Blue Book analysts say Americans spent an average of $49,740 on their new vehicle purchases in December, threatening a record set during peak pandemic-era inventory shortages. +
Penske and Hendrick Automotive rank No. 1 among public and private dealer groups in Reputation’s latest rankings of North American auto retailers, earning the only 800-plus scores in their segments. +
Cox Automotive’s latest Car Buyer Journey Study finds 75% of all new vehicle buyers and 82% of new EV buyers were “highly satisfied” in 2024. Analysts largely attribute the record highs to new technology. +
