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News By Topic: Automobile Dealers

Growth Energy Applauds House Introduction of Low Carbon Biofuel Credit Act

Growth Energy Applauds House Introduction of Low Carbon Biofuel Credit Act

“This legislative push offers further incentives for retailers to place higher biofuel blends within reach of drivers faster than ever, which gives retailers a competitive advantage while making a greater difference for the climate today. In fact, a nationwide transition to E15 could slash emissions by 17.62 million ... Continue reading

Nissan Group reports second-quarter 2021 U.S. sales

Nissan Group reports second-quarter 2021 U.S. sales

Nissan Group announced total U.S. second-quarter (April-June) sales for the calendar year 2021 of 298,148 units, an increase of 68 percent versus the prior year. ... Continue reading

Mitsubishi Motors North America Announces 106% Second-Quarter Increase In 2021 Sales Growth

Mitsubishi Motors North America Announces 106% Second-Quarter Increase In 2021 Sales Growth

Second quarter 2021 total sales up 106% year-over-year First-half 2021 sales up 12% year-over-year June total sales up 54% year-over-year, third-best June in 10 years Best-ever June retail-only sales for Outlander and Eclipse Cross as all-new 2022 Outlander and redesigned 2022 Eclipse Cross availability increases Best- ... Continue reading

GM Reports June and 2Q 2021 Sales Up 40%

GM Reports June and 2Q 2021 Sales Up 40%

Chevrolet Bolt EV delivers record second-quarter and first-half deliveries. Buick sales rise 86 percent on strong demand for new Encore GX, redesigned Envision, and Enclave, creating the brand’s best quarter in more than 15 years. ... Continue reading

Former TrueCar and AutoNation Executive Simon Smith Joins CentralBDC as President and Chief Operating Officer

Former TrueCar and AutoNation Executive Simon Smith Joins CentralBDC as President and Chief Operating Officer

Under Smith's leadership, CentralBDC will continue to support dealerships with its industry leading custom BDC services. ... Continue reading

Mazda Reports June 2021 Sales Results

Mazda Reports June 2021 Sales Results

Mazda North American Operations (MNAO) today reported total June sales of 32,605 vehicles, an increase of 28.7 percent compared to June 2020. ... Continue reading

BMW of North America Reports Q2 2021 U.S. Sales Results

BMW of North America Reports Q2 2021 U.S. Sales Results

BMW brand sales have increased by 52.2% compared to the pandemic-affected totals of 2020, while outpacing 2019 totals by 8.9%. The company also reported Q2 2021 sales of 9,340 MINI vehicles in the U.S., a 76.6% increase compared to the time last period year. ... Continue reading

A New Database for Electric Car Sales, Models and Technologies from IDTechEx

A New Database for Electric Car Sales, Models and Technologies from IDTechEx

The electric car market has grown rapidly over the past 5 years, with 2020's global sales of battery-electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) being 5.5 times larger than in 2015. In fact, 2020's sales were 44% higher than that of 2019 despite the impact of COVID-related shutdowns on the aut ... Continue reading

Kia America Announces Best-Ever First-Half Yearly Sales And Best-Ever June Sales In Company History

Kia America Announces Best-Ever First-Half Yearly Sales And Best-Ever June Sales In Company History

After posting three consecutive monthly sales records in March, April and May, June was also a record-breaking month with 68,486 units sold – a 43.1-percent increase over June 2020. ... Continue reading

Hyundai Motor America Reports All-Time June and Q2 2021 Sales

Hyundai Motor America Reports All-Time June and Q2 2021 Sales

Best June Total and Retail Sales Ever Record-Breaking Q2 Total and Retail Sales Most First Half-Yearly Total and Retail Sales in Hyundai History ... Continue reading

NERC Report Outlines Potential U.S. Electricity Disruptions This Summer

NERC Report Outlines Potential U.S. Electricity Disruptions This Summer

NERC report outlines potential electricity disruptions in the United States this summer Source: Map by U.S. Energy Information Administration, based on North American Electric Reliability Corporation (NERC) 2021 Summer Reliability AssessmentNote: ERCOT is the Electric Reliability Council of Texas; MISO is the Midcontin ... Continue reading

Beyond the Gas Tax: Funding the Roads in an Electrified World

Beyond the Gas Tax: Funding the Roads in an Electrified World

Even with this rapid expansion in U.S. BEV and hybrid sales, electric and electrified vehicles make up only a tiny fraction (1.9 percent) of the nearly 290 million vehicles in use in this country. BEVs and plug-in hybrids (PHEVs)—vehicles that run either entirely or part-time without using gasoline—make up just 0.6 ... Continue reading

When Do Electric Overcome Inconvenience And Really Become Cleaner Than Gasoline Cars? Depends On Who You Ask and Believe

When Do Electric Overcome Inconvenience And Really Become Cleaner Than Gasoline Cars? Depends On Who You Ask and Believe

DETROIT, June 29 (Reuters) - You glide silently out of the Tesla (TSLA.O) showroom in your sleek new electric Model 3, satisfied you're looking great and doing your bit for the planet. But keep going - you'll have to drive another 13,500 miles (21,725 km) before you're doing less harm to the environment than a gas-guzz ... Continue reading

Cox Automotive June Forecast: Tight Inventory, High Prices Slow New-Vehicle Sales

Cox Automotive June Forecast: Tight Inventory, High Prices Slow New-Vehicle Sales

Vehicle sales in June are forecast by Cox Automotive to fall to a seasonally adjusted annual rate (SAAR) of 16.4 million, up from last year's 13.0 million but down from May's 17.0 million pace. June is expected to mark the second consecutive month of slowing sales after the market hit a red-hot, post-pandemic peak in A ... Continue reading

Honda Explains Their Road To Zero Emissions Zero Fatalities By 2050 - Goodbye Cars Hello Electric Cars

Honda Explains Their Road To Zero Emissions Zero Fatalities By 2050 - Goodbye Cars Hello Electric Cars

it is zero CO2 emissions. So, we embark on a new path toward electrification as part of a comprehensive vision outlined in late April by our new global CEO, Toshihiro Mibe, in which he detailed how Honda will work comprehensively to address challenges in the areas of the environment and safety. ... Continue reading

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