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News By Topic: Financial Info (sales figures, financial reports, etc.)

The First Polestar Manufactured in the USA: Production of Polestar 3 Starts in South Carolina

The First Polestar Manufactured in the USA: Production of Polestar 3 Starts in South Carolina

Polestar announces that production of its luxury SUV, Polestar 3, has started in South Carolina, USA. This makes the Polestar 3 the first Polestar to be produced on two continents. ... Continue reading

New-Vehicle Sales Incentives Climb Higher in July

New-Vehicle Sales Incentives Climb Higher in July

Average new-vehicle incentives in July reached 7.0% of the transaction price, the highest level in more than three years and nearly 60% above levels recorded one year ago. The average transaction price (ATP) of a new vehicle in July was $48,401, down 0.2% from one year ago. ... Continue reading

Auto Talk From Quroa

Auto Talk From Quroa

Special From Quroa Nathan Mowrer E-7 at U.S. Air Force (2006–present)Jun 7 Say I walk into a car dealership with the funds to pay in full. I walk up to a salesman, point to a brand new car on the showroom floor, and say: "I want that one." No test drive, no trade in. ... Continue reading

Nutson's Weekly Automotive News Wrap-up August 4-10, 2024

Nutson's Weekly Automotive News Wrap-up August 4-10, 2024

Here are Larry's top story picks from this past week's important to you, relevant, semi-secret, or snappy automotive news, opinions and insider back stories ... Continue reading

Production of Ram 1500 Classic Ends at Warren Truck Assembly Plant

Production of Ram 1500 Classic Ends at Warren Truck Assembly Plant

Auburn Hills, Mich. August 9, 2024 The Ram 1500 Classic has been a great entry point pickup for Ram and the Tradesman model has well represented the needs of commercial truck customers for years. ... Continue reading

Auto Dealers Grow Increasingly Uncomfortable with Use of AI in Credit Decision-Making, J.D. Power Finds

Auto Dealers Grow Increasingly Uncomfortable with Use of AI in Credit Decision-Making, J.D. Power Finds

TROY, Mich.--Automotive lending has been quickly transformed by artificial intelligence (AI) with the promise of faster, more accurate and more cost-effective credit decisions and approval processes. Auto dealers are not exactly ready to embrace the new technology. ... Continue reading

2025 Acura RDX New Styling, Cabin Updates and Enhanced Technology

2025 Acura RDX New Styling, Cabin Updates and Enhanced Technology

August 7, 2024 — TORRANCE, Calif. 2025 Acura RDX gains more distinctive look with new ... Continue reading

Honda July 2024 Auto Sales Up 8%

Honda July 2024 Auto Sales Up 8%

August 1, 2024 American Honda sales total 120,737 units in July, led by balanced sales of cars, light trucks and electrified models Honda Honda brand continues strong sales momentum, topping 109,500 units in July, and 6th straight month above 100,000 units. Brand is up almost 12% for the year. ... Continue reading

Mazda Reports July Sales Results

Mazda Reports July Sales Results

IRVINE, Calif. , Aug. 1, 2024 -- Mazda North American Operations (MNAO) today reported total July sales of 39,866 vehicles, an increase of 30.2 percent compared to July 2023. ... Continue reading

Karma Connect

Karma Connect

Karma Automotive, California's first and only ultra-luxury automaker, today launches Karma Connect, a proprietary Vehicle Data Management (VDM) and Over The Air (OTA) services platform which will redefine the experience of owning a Karma automobile both today and tomorrow, and as the company will be making these first- ... Continue reading

J.D. Power-GlobalData U.S. Automotive Forecast for July 2024

J.D. Power-GlobalData U.S. Automotive Forecast for July 2024

TROY, Mich--J.D. Power: The Total Sales Forecast Total new-vehicle sales for July 2024, including retail and non-retail transactions, are projected to reach 1,340,500, a 2.8% increase from July 2023, according to a joint forecast from J.D. Power and GlobalData. July 2024 has 25 selling days, the same as July 2023. ... Continue reading

Cox Automotive Forecast: New-Vehicle Sales Pace Expected to Rebound After June Disruptions

Cox Automotive Forecast: New-Vehicle Sales Pace Expected to Rebound After June Disruptions

July's new-vehicle sales pace is forecast to finish near 16.0 million, up 0.1 million from last July's 15.9 million pace and up from June's surprisingly low 15.3 million level. Sales volume in July is expected to fall 1.3% from one year ago and reach 1.29 million units, a 3.4% decline from June. ... Continue reading

2025 BMW M5 Pebble Beach Concours d’Elegance #1/1 to be Live Auctioned for Charity During Pebble Beach Automotive Week

2025 BMW M5 Pebble Beach Concours d’Elegance #1/1 to be Live Auctioned for Charity During Pebble Beach Automotive Week

One-of-one 2025 BMW M5 is a collaboration between BMW M, BMW Individual, and the Pebble Beach Concours d’Elegance®. Unique interior and exterior finishes and details created exclusively for this special automobile. The first 2025 BMW M5 delivered in North America (estimated delivery October 2024). Proceeds from the ... Continue reading

Report Shows Where Recent Cyber Event Impacted Dealerships

Report Shows Where Recent Cyber Event Impacted Dealerships

Vincensus Offers Real-Time Visibility for OEM-specific and Dealership Inventory, Plus Key Data on Pricing and Markdowns DETROIT, July 23, 2024 -- Lotlinx, the auto industry's leading VIN-specific data company for dealership inventory management, announced today its Q2 Quarterly Vincensus Report, the most comprehensive ... Continue reading

Bollinger Motors Takes Next Step to Bring B4 Chassis Cab to Market with Announcement of Warranty Coverage

Bollinger Motors Takes Next Step to Bring B4 Chassis Cab to Market with Announcement of Warranty Coverage

DETROIT, July 23, 2024 -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, releases its full warranty coverage on the Bollinger B4 Chassis Cab, the company's all-new, all-electric Class 4 commercial truck. Under the warranty, Bollinger will provide comprehensive, competitive coverage for: Bol ... Continue reading

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