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Dealer Opsby StaffAugust 9, 2022

California DMV Accuses Tesla of Exaggerating Hands-free Driving Software Capabilities

The California Department of Motor Vehicles has asked for an administrative hearing that could result in penalties.

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Dealer Opsby StaffAugust 9, 2022

Representatives Revive Bipartisan Effort for Self-driving Vehicle Legislation

Two members of the U.S. House of Representatives have launched a bipartisan effort to spur legislative efforts that support self-driving vehicles.

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Fixed Opsby StaffAugust 8, 2022

Cox Automotive: Auto Market Weekly Summary

New-vehicle sales were up slightly in July from June but remain low at a 13.3 million seasonally adjusted rate of sales.

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Dealer Opsby StaffAugust 8, 2022

Tightened Inventory and Fewer Buyers Pose Risk to Auto Industry

Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.

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Dealer Opsby StaffAugust 8, 2022

EV Tax Credits May Put Brakes on EV Adoption

Major automakers say the $430 billion bill approved Sunday by the U.S. Senate will put the brakes on achieving U.S. electric-vehicle adoption targets for 2030.

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Auto Financeby StaffAugust 4, 2022

Serious Delinquencies Normalizing to Pre-Pandemic Levels as Many Lenders Make Concerted Effort to Expand Access to Credit

Q2 2022 TransUnion Credit Industry Insights Report explores latest credit trends.

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Dealer Opsby StaffAugust 4, 2022

Subaru Sees Q2 Profit Hike

Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.

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Dealer Opsby StaffAugust 3, 2022

Ford Motor Co. Sees Sales Rebound in July

Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.

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Dealer Opsby StaffAugust 3, 2022

Black Book’s Used Vehicle Retention Index Dropped in July

The Retention Index decreased to 189.4 points in July as consumer confidence remained at historic lows.

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Fixed Opsby StaffAugust 3, 2022

Uber Doubles Q2 Revenue

The company saw revenue more than double to $8.1 billion as customers continued to hail rides and order takeout food.

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