Kia is slow-rolling EV9 U.S. assembly to wait for locally sourced batteries
Kia America COO Steve Center says the automaker will continue to lean on leasing to sell its EVs but calls the provision ‘very fragile.’
U.S. new-vehicle market ‘stuck' as buyers wait for relief, sellers try to hang on to profits
The August selling rate was just 15.1 million, disappointing given the addition of the holiday weekend and a sign that cash-strapped consumers are waiting to make big purchases in uncertain times.
Top 5 stories of the week: Jeep gets new North America boss; August U.S. vehicle sales
A quick look at the top automotive stories of the week as determined by reader interest.
Trump plan for Musk-led efficiency commission could give CEO influence over rules for his work, wealth
Donald Trump’s plan for a Musk-led efficiency commission could put him in position to change the rules for corporate America, including the industries in which his companies compete.
Why are U.S. dealers getting more pessimistic about the market? This Cox Q3 poll gives clues
Pessimism crept into franchised car dealers’ outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers’ political uncertainty continue to burden dealerships.