The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
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News By Topic: Financial Info (sales figures, financial reports, etc.)

Nutson's Auto News Weekly Wrap-up October 8-14, 2023

Nutson's Auto News Weekly Wrap-up October 8-14, 2023

Here are Larry's picks among the past week's important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive universe news nuggets.</p> ... Continue reading

GlobalData Friday Auto News Decoded

GlobalData Friday Auto News Decoded

Honda and Mitsubishi to collaborate on end life batteries Eyeing opportunities to use batteries as an energy source at the end of their EV lifecycle ... Continue reading

EV Motoring: China’s WM Motor Startup files for bankruptcy, dashing the hopes of investors Tencent and Baidu to challenge Tesla

EV Motoring: China’s WM Motor Startup files for bankruptcy, dashing the hopes of investors Tencent and Baidu to challenge Tesla

Chinese electric vehicle standout Goes McChula as price competition in the world's largest auto market heats up.A court in Shanghai is handling the bankruptcy case, according to a filing dated Monday on the national enterprise bankruptcy information disclosure platform. ... Continue reading

EV Motoring: ChargePoint Raises $233 Million More to Support Path to Profitability in 2024

EV Motoring: ChargePoint Raises $233 Million More to Support Path to Profitability in 2024

CAMPBELL, Calif.--ChargePoint Holdings, Inc. , a leading provider of networked solutions for charging electric vehicles, has secured a commitment from institutional investors, led by the lead investor of ChargePoint’s $300M in convertible notes issued in April 2022 (“Notes”), to purchase $175M of common stock pur ... Continue reading

Cost of Car Ownership in the U.S. Increases 7% as the Average American Household Now Spends Nearly $700 a Month on Auto Loans and Insurance Combined

Cost of Car Ownership in the U.S. Increases 7% as the Average American Household Now Spends Nearly $700 a Month on Auto Loans and Insurance Combined

SEATTLE--Two new reports from doxo reveal that the cost of car ownership has increased 7% year over year to $6,184 per year. The reports also reveal that Americans as a whole spend $811 billion annually on Auto Loans and Auto Insurance combined. ... Continue reading

Mercedes-Benz USA Sales - Q3 2023

Mercedes-Benz USA Sales - Q3 2023

Mercedes-Benz USA (MBUSA) today reported Q3 2023 sales of 71,098 Mercedes-Benz models. Additionally, Mercedes-Benz Vans reported Q3 2023 sales of 18,913 units, bringing MBUSA to a total of 90,011 vehicles for the quarter. &nbsp;As part of its electric product offensive, MBUSA introduced five Electric Vehicles (EQ) to t ... Continue reading

Latest Official EV Welfare For Rich People From Your Friends and Neighbors

Latest Official EV Welfare For Rich People From Your Friends and Neighbors

October 6, 2023 Starting in January Inflation Reduction Act Provision Will Allow Consumers to Transfer Credit to Car Dealer, Reducing Purchase Price of New and Previously Owned Clean Vehicles at Time of SaleWASHINGTON – As part of Bidenomics and the Biden-Harris Administration’s Investing in America agenda, the U.S ... Continue reading

Nutson's Weekly Auto News Round-up Week October 1-7, 2023

Nutson's Weekly Auto News Round-up Week October 1-7, 2023

Here are Larry's picks among the past week's important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive universe news nuggets.</i> for Nutson's Auto News Weekly Wrap-up October 1-7, 2023 ... Continue reading

27 Years On - History Says Pennzoil Blew-it! - Dick Westman Visionary Advertising Man, Internet Futurist, Auto Channel Believer and My Friend Passes. Everything He Imagined From The Pennzoil/Auto Channel Sponsorship Was 100% Correct.

27 Years On - History Says Pennzoil Blew-it! - Dick Westman Visionary Advertising Man, Internet Futurist, Auto Channel Believer and My Friend Passes. Everything He Imagined From The Pennzoil/Auto Channel Sponsorship Was 100% Correct.

Some personal thought on the passing of a dear friend, father, and husband. Dick Westman was a visionary - he saw the future and bet on it! In 1995 as the president of the ad agency for Pennzoil Products, Dick recognized the potential of The Internet. ... Continue reading

FCA Third-quarter 2023 US Sales Down 1%

FCA Third-quarter 2023 US Sales Down 1%

AUBURN HILLS, Mich., Oct. 3, 2023 -- 2023 total U.S. sales decrease 1% in Q3 versus the same quarter last year Chrysler brand up 96%, with Pacifica sales up 120% versus the same quarter last year; Pacifica Plug-in Hybrid, up 329% over same period last year, holds No. ... Continue reading

New Report Highlights Investment Commitments and Challenges in the Global Hydrogen Storage Sector (Includes In-context Overview)

New Report Highlights Investment Commitments and Challenges in the Global Hydrogen Storage Sector (Includes In-context Overview)

DUBLIN, Oct. 5, 2023 -- The "Global Hydrogen Storage Growth Opportunities" report has been added to ResearchAndMarkets.com's offering. ... Continue reading

Toyota Reports North American Sales For September 2023

Toyota Reports North American Sales For September 2023

Year-to-date electrified vehicle sales including battery, fuel cell, hybrid and plug-in hybrid top 455,142 representing 27.9 percent of total volume • 26 electrified vehicle options between both Toyota and Lexus brands, the most among any automaker • 2024 Lexus RX plug-in hybrid available in showrooms; all-new 2024 ... Continue reading

Honda Reports US Sales For September 2023

Honda Reports US Sales For September 2023

October 3, 2023 American Honda total sales over 115,000 units, up 45.5% in September and 52.7% in Q3, despite supply constraints for some models Honda brand sales are up 44.4% to over 102,000 in September, and up 51% in 3Q (302,250) with turn rates over 70% Honda electrified sales continue to set records as CR-V and Ac ... Continue reading

Mitsubishi Reports US Sales For September 2023

Mitsubishi Reports US Sales For September 2023

The brand's flagship Outlander Plug-in Hybrid Electric Vehicle led in record-setting style, with 1,887 sales in the quarter representing the best-ever sales quarter for the vehicle. ... Continue reading

Lithia & Driveway Improves Terms For Pendragon Purchase

Lithia & Driveway Improves Terms For Pendragon Purchase

Lithia & Driveway announced today that it has signed a revised agreement on improved terms with the Board of Directors of Pendragon plc ("Pendragon") to enter into a strategic partnership with Pinewood Technologies ("Pinewood Tech") and to acquire Pendragon's UK motor division and vehicle management division. ... Continue reading

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