Sales & Marketing
Tesla undercuts average US car by almost $5,000 in EV shakeout
It’s never been this cheap to buy a Tesla. After a hopscotch of price cuts over the past month, Tesla’s Model...
AutoNation expects used-car price drop as volumes recover
AutoNation Inc., one of the biggest car dealership chains in the US, expects prices for new and used cars to...
Terex Corp. ends 2022 with $4.1B backlog
Equipment manufacturer Terex Corporation posted an increase in total backlog orders in 2022 as demand held steady across its aerial...
US Bank named VinFast’s preferred financier in US
U.S. Bank has been selected as EV manufacturer VinFast’s preferred retail financing and leasing provider in the U.S. as the...
Lendbuzz sets sights on California, Texas expansion
AI-based auto lender Lendbuzz is prioritizing its resources for statewide expansion in California and Texas as the fintech looks to...
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...
