J.D. Power: ICE vehicles are three times more profitable than EVs for retailers
LAS VEGAS — EVs have become less profitable than gas vehicles for retailers, and more costly to manufacturers, following the expiration of federal ...
LAS VEGAS — EVs have become less profitable than gas vehicles for retailers, and more costly to manufacturers, following the expiration of federal ...
Stellantis NV is taking more than €22 billion ($26 billion) in charges mainly linked to reversing course on its electric ...
Toyota Motor Corp. appointed a lieutenant of Akio Toyoda as chief executive officer in a surprise leadership reshuffle that signals ...
LAS VEGAS — Capital One’s use of agentic and generative AI tools is leading to faster, more reliable servicing, higher customer engagement at dealerships, and better closing rates. When the bank’s call ...
LAS VEGAS — Used-vehicle values may drop in 2026 as affordability concerns weaken consumer confidence and wholesale values fluctuate. Used-car prices are expected to decline 4% year over ...
Used EV values rose at the start of February as OEMs navigate slowing demand and weakening profitability. The Exponential Used Electric Vehicle Index sat at 92.45 today, up 1.1% from ...
Auto Finance News is pleased to announce that Lou Geibel, executive vice president of financial services firm Vervent, will join a panel discussion on the role of ...
There is a growing issue in US auto finance originations around fraud and subsequent potential credit delinquencies. Even as I ...