Automotive News

About 4,000 franchised dealerships will be shuttered this year amid an intensifying price war in the new-car market and shrinking demand for fuel-powered vehicles, the China Automobile Dealers Association said.

VW said selling EVs through an agency model while, at the same time, selling combustion-engine cars through a traditional retail operation was complex and challenging in Europe’s current weak auto market.

A new survey finds fewer Canadian car buyers intend to make their next purchase an electric vehicle.

Trump announces tariff plans | $6.6 billion approved for Rivian plant | Northvolt CEO: Focus on quality

An informed approach to compliance will help dealerships navigate the complex regulatory landscape, Cox Automotive's Robert Newman writes.

The Feds' first rate cuts since the start of the pandemic could lead more customers to refinance out of the indirect car loans arranged by auto dealerships into new, cheaper loans with different lenders.

Consumers last month reported having a harder time getting an auto loan than applicants a year earlier, a result which capped off the toughest auto loan market in at least 11 years, according to the Federal Reserve Bank of New York's Survey of Consumer Expectations.

SHANGHAI — Volkswagen Group and SAIC Motor Corp. have agreed to extend their Chinese joint venture agreement, one of the oldest in the country's auto industry, to 2040.

Anyone who has sent a child off to college is at risk of crying when they see Chevrolet 's latest holiday ad.

The federal electric vehicle tax credit — expected to be on the Trump administration's chopping block — was a bigger factor for EV buyers' purchase decisions this year than the overall vehicle price.