Sales & Marketing
EV inventories hit record high in US as cars pile up on dealer lots
Electric vehicle inventories on US dealer lots reached a new high in December, with a 114-day supply that was more...
Hyundai eyes EV subscription expansion
Hyundai Motor America is on track to expand its EV subscription service to 25 states by yearend due to strong...
EV maker Fisker adds 2 to executive team
EV manufacturer Fisker has added two executives to its sales and marketing team as the company looks to bolster deliveries...
OEM sales rise, on pace to hit 15M units
New-vehicle sales were propped up by improving supply and strong demand in November as the market could surpass 15 million...
Incentives lean heavily on leasing
Vehicle incentives favor leasing and shorter-term loans as inventory rebuilds and automakers tap into pent-up demand. Cash deals on leases...
Rivian lease program key to increasing sales
Rivian’s leasing launch last week through Rivian Financial Services was a key step for the challenger EV manufacturer to bolster...
Lender pullback slows add-on sales at subprime dealers
Dealerships that target deep subprime consumers are seeing stagnation in add-on product sales as lenders tighten credit standards. A...
Captive market share hits highest level since Q1 2018
Captives are regaining total auto financing market share, hitting their highest level since 2018, on the heels of increasing incentives...
