With the White House outlining a voluntary, industry-supported goal for electrifying the nation’s vehicle fleet, it’s up to carmakers and states to work out the details.
Asian automakers make big share gains as SAAR drops
The selling rate fell to an estimated 14.8 million in July, the lowest it’s been since July 2020, as prolonged inventory woes continue to bite into sales.
Per-vehicle success lifts Carvana to its first profit
Higher profitability long term is linked to the used-vehicle retailer’s continued success in buying cars from customers and improving reconditioning capabilities.
A (bleep)ing good book about Elon Musk and the rise of Tesla
For anyone involved in selling cars, there are good business lessons and bad ones in Tim Higgins new book, Power Play: Tesla, Elon Musk, and the Bet of the Century.