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The reality is that last year, of the over 17 million new vehicles sold in the United States, 99.5% were not electric, a reader writes.
While many in the industry may believe EVs are the future, the unfortunate reality is that they're not the present, writes Edmunds CEO Avi Steinlauf.
Star-step incentive programs often negatively affect dealerships, the value of their brands and their collective integrity, NADA Chairman Mark Scarpelli writes.
With the federal deficit looming high and just about everyone joining the EV marketing blitz, it is time to remove the monetary incentive for buying an electric car.
Government mandates have led manufacturers to build an exciting lineup of EVs and other clean cars.
SUVs, overtaking sedans as the new American family car, have been so hot that automakers raced to supply the market. With inventory now piling up, profit-sapping rebates are on the rise.
The Government of Canada, citing an internal communications error, says it significantly overstated the amount of conditional grants that will be available to automakers over the next five years.
National Automobile Dealers Association CEO Peter Welch called on automakers to end “unfair” incentive programs and get parts to dealers faster to repair recalled vehicles.
Car buyers can save significant money on fuel-efficient vehicles this month thanks to incentives and government rebates, TrueCar said Monday in a report.
Ford will invest 2.5 billion rand ($169 million) in the U.S. automaker's South African operations to start production of the Everest SUV and create about 1,200 jobs.
BMW wielded an unlikely tool to hold onto its crown in the U.S. luxury-car market last year: the loaner, people familiar with the matter told Bloomberg.
Through the end of February, Ford is letting employees and retirees share their discount on a new car or truck with anyone who has a competitive vehicle, according to a memo distributed to dealers.
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