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 ...
Tag: jd power
Auto Finance Excellence Awards 2025 honor leadership, innovation, performance
LAS VEGAS — Auto Finance News presented the 21st Annual Auto Finance Excellence Awards during a luncheon ceremony at Auto ...
USAA names Brian Goldman chief risk officer
USAA on May 14 named Brian Goldman as the lender’s new chief risk officer, effective May 27. Goldman joins USAA ...
Managing inventory key to 2025 success for dealers
Managing inventory will be key to driving profit and loyalty as dealers struggle for better margins in 2025. Dealer margins ...
25% of used-car buyers in negative equity position
Some auto consumers faced negative equity in 2024, but many had strong or stable equity positions that offset challenges in ...
EV market share expected to hold at 9% in 2025
Competing forces in the EV market are expected to offset each other, leaving market share unchanged in 2025. EV market ...
Nonprime new EV financing up 53% YoY
The share of nonprime consumers financing EVs rose sharply over the past year and has doubled since 2020. In the ...
Used-vehicle turnover rate rises 8% YoY
Used-vehicle demand has remained strong despite price pressures this year. The average number of days to turn for a ...
