Volkswagen’s troubles are hardly unique, as most European automakers, from Stellantis to BMW, have faced declining profits. (3 min. read)
The new cost-cutting measures are part of Ford’s approach to counter sustained EV losses. (2 min. read)
Some brands posted big gains in hybrids and crossovers, while others struggled with key model slowdowns. (2 min. read)
Go deeper (7 min. read)
Consumers, automakers, and vendors remain divided over the usefulness of vehicle subscription services, even as new providers hit the scene. (4 min. read)
Brand loyalty is up 16 months in a row. (3 min. read)
Hyundai and Kia’s Oct. sales show their commitment to SUVs and electrified vehicles is paying off. (2 min read)
Featuring Jeff Swickard, dealer principal at Swickard Auto Group
Carvana’s Q3 earnings beat Wall Street estimates, leading the company to lift its 2024 outlook “significantly above” its original forecast. (3 min. read)
The European Commission, which oversees EU trade policies, contends that Chinese automakers have an unfair advantage in Europe. (2 min. read)
The automaker says U.S. dealer inventories were slashed by 80,000 units this quarter, with more reductions to come. (2 min. read)
Direct-to-consumer sales are gaining traction.
