Automotive News reports a group of Florida dealers has formally challenged Scout Motors’ plans to sell EVs directly to consumers, citing state law establishing the EV maker as a “common entity” with Volkswagen. +
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. +
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. +
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. +
The Tesla Model 3 moved up in iSeeCars’ annual rankings of the nation’s best selling used vehicles, but pickups and SUVs continued to lead the market in 2024. +
Tesla sold 1.79 million EVs worldwide in 2024, down 1.1% from the prior year despite a fourth-quarter push that included offers of 0% financing and free charging. +
Attorney Jim Ganther predicts a number of benefits to dealers and consumer will flow from economic, trade and environmental policies promoted, enacted and enforced by a second Trump administration. +
Ford Motor Co.’s U.S. dealers sold 166,373 new Fords and Lincolns in November, a 14.3% increase from the same month a year ago, the factory reported. +
EVs boosted overall sales for Toyota, Honda, Hyundai and Kia in November, helping push Toyota to a 4.8% year-over-year improvement after consecutive down months. +
U.S. dealers sold 106,155 new EVs and 23,788 pre-owned EVs in October, according to Cox Automotive’s latest EV Market Monitor report. +
