Sales & Marketing
More EVs will qualify for tax credits after US reverses course
The Biden administration will allow more cross-over SUVs to qualify for the newly-revamped electric vehicle tax credit following lobbying by...
Ferrari raises earnings outlook on robust luxury-car demand
Ferrari NV raised its outlook on strong demand for high-margin models like its new €390,000 ($428,000) Purosangue crossover. The Italian...
HyreCar allows higher-value cars for rent, increasing supply
Car-sharing marketplace HyreCar has unveiled a new platform that allows vehicle owners to list higher-priced cars for rent, a move...
ATPs finish 2022 at another record high
New-vehicle average transaction prices finished 2022 at a record high following three months of increases, while incentives ticked up but...
Tesla slashes prices up to 20% in broad bid to boost sales
Tesla Inc. cut prices across its lineup in the US and major European markets in the carmaker’s latest effort to...
BMW clings to luxury-sales crown as Mercedes narrows gap
BMW AG outsold rival Mercedes-Benz AG for the second year in a row by better navigating the supply-chain issues hampering...
Rolls-Royce says super rich keep on buying luxury cars
A cooling economy isn’t stopping the very wealthy from buying a Rolls-Royce. “We haven’t seen any downturn in order intake...
Leasing to recover as inventory improves
Increasing inventory along with affordability concerns are sparking renewed interest in vehicle leasing after manufacturers held back on incentives over...
