HYUNDAI-GENESIS: Q3 volume up, September sales impacted by fewer selling days and Hurricane Helene
Hyundai’s hybrids continue to set records, and Genesis’ crossovers are the primary driver of growth for the luxury brand.
U.S. issues $2 billion electric vehicle tax rebates since Jan. 1, Treasury says
The U.S. government has issued $2 billion in advance point-of-sale consumer EV tax credit payments since Jan. 1 covering more than 300,000 vehicles, the Treasury said Oct. 1.
Daily 5 report for Oct. 1: Port strike again challenges an industry that must move the metal
Labor strife, railroad disruptions, weather disasters and pandemics have become business as usual for automakers.
Kia goes commercial with EV fleet gambit in new markets, including Japan
Kia enters the finicky Japan market for the first time in decades with plans to sell its Platform Beyond Vehicle commercial EVs to fleet customers. The Korean carmaker pushes PBVs that stretch its carefully curated, consumer-oriented brand image.
Responding to dealer feedback, Santander expands small business auto financing
The lender plans to offer automotive financing primarily to small franchises and startups.