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

JD Power: New-Vehicle Sales Poised to Surge 9.8% This Month; Transaction Prices Expected to Set Record for Month of April

JD Power: New-Vehicle Sales Poised to Surge 9.8% This Month; Transaction Prices Expected to Set Record for Month of April

April 2023, including retail and non-retail transactions, are projected to reach 1,316,500 units, a 9.8% increase from April 2022, according to a joint forecast from J.D. Power and LMC Automotive. April 2023 has 26 selling days, one fewer than April 2022. ... Continue reading

Latest (4/9/2023) Official EV Tax Incentives USA

Latest (4/9/2023) Official EV Tax Incentives USA

Get a tax credit of up to $7,500 for new vehicles purchased in or after 2023! Get a credit of up to $4,000 for used vehicles purchased from a dealer for $25,000 or less! The amount equals 30% of purchased price, with a maximum credit of $4,000. Other requirements apply. ... Continue reading

New Study: Can EVs Compete with Gas Cars Traveling Iconic American Road Trips

New Study: Can EVs Compete with Gas Cars Traveling Iconic American Road Trips

AUSTIN, Texas, April 24, 2023 -- The latest study by Upgraded Points sets gas cars against electric vehicles to see which vehicle is truly the most economical on five American road trips. Examining the time and fuel costs along iconic trails like Route 66 and California 1, the study offered a variety of insights while ... Continue reading

Nutson's Weekly Auto News Wrapup April 16-22, 2023

Nutson's Weekly Auto News Wrapup April 16-22, 2023

The Auto Channel's "take" on this past week's automotive news, condensed into easy to digest news Nuggets. ... Continue reading

Increasing Inventory and Shopper Walkouts results In Lower Buyer Costs Of Dealer's Dream Priced Vehicles

Increasing Inventory and Shopper Walkouts results In Lower Buyer Costs Of Dealer's Dream Priced Vehicles

Detroit MI April 20, 2023; The AIADA newsletter reported that the average price that Americans pay for new vehicles has climbed steadily – and disconcertingly for many consumers. But last month, something noteworthy happened: A trend was broken when the average amount paid for a new vehicle fell below the sticker pri ... Continue reading

Toyota Puts Its Money Where Its Mouth Is, Makes New Investment In "Motorist CHOICE Is The Future"

Toyota Puts Its Money Where Its Mouth Is, Makes New Investment In "Motorist CHOICE Is The Future"

American Car Makers (Land of Ethanol) Disregards Opportunity And Sticks With Battery Vehicles. ... Continue reading

Mid-week Auto News Update - April 19, 2023

Mid-week Auto News Update - April 19, 2023

Tesla Q1 earnings will be announced at the end of play today, and of course the session will be a newsmaker. The fact Tesla had a fantastic quarter as measured by sales volume is of little consequence, and revenue will be scrutinized, but Tesla earning calls are more often dominated by the CEO’s visions of alien drea ... Continue reading

Nutson's Weekly Auto News Wrap-up April 9-15, 2023

Nutson's Weekly Auto News Wrap-up April 9-15, 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. ... Continue reading

Ford Electric Vehicle Lineup Eligible for Tax Incentives

Ford Electric Vehicle Lineup Eligible for Tax Incentives

DEARBORN, Mich., April 14, 2023 -- Following the release of additional guidance from the U.S. Treasury Department, Ford Motor Company has confirmed that all three of its currently available popular electric vehicles as well as its plug-in hybrids are eligible for Inflation Reduction Act federal tax credits in 2023. “ ... Continue reading

Tell Secretary Pete Buttigieg: Back Buy America and End the Offshoring Loophole!

Tell Secretary Pete Buttigieg: Back Buy America and End the Offshoring Loophole!

Right now, the U.S. Department of Transportation is reviewing a longtime waiver of Buy America for manufactured products used in infrastructure. Importers are fighting hard to keep the waiver on the books. ... Continue reading

Nutson's Weekly Auto News Wrap-up April 2-8, 2023

Nutson's Weekly Auto News Wrap-up April 2-8, 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. ... Continue reading

This Week in Tech News April 3-7, 2023;: 12 Stories You Need to See

This Week in Tech News April 3-7, 2023;: 12 Stories You Need to See

A roundup of the week's most newsworthy technology industry press releases from PR Newswire, including a new phone from Motorola and a cybersecurity solution from BlackBerry. NEW YORK, April 7, 2023 -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. ... Continue reading

Sales of Used Battery Electric Vehicles Increase by 32% in Q1, According to Cox Automotive Estimates

Sales of Used Battery Electric Vehicles Increase by 32% in Q1, According to Cox Automotive Estimates

ATLANTA (April 7, 2023) – According to data assembled by Cox Automotive, the world’s largest automotive services and technology provider, the market for used electric vehicles (EVs) in the U.S. is beginning to accelerate rapidly as more used EVs become available and buyers snap them up. The rapid growth of new EV s ... Continue reading

Friday Auto News Update

Friday Auto News Update

Cox Automotive reported that oThe 2023 New York Auto Show opens to the public at 10 am this morning. ... Continue reading

Collaborating for Clean Energy at Toyota's North Alabama Engine Plant

Collaborating for Clean Energy at Toyota's North Alabama Engine Plant

More than 70 percent of Toyota Motor Manufacturing, Alabama's power will soon be generated by the sun. Today, Huntsville Utilities, Toyota Alabama and Toyota Tsusho America, Inc. (TAI) announced a power purchase agreement (PPA) to support a 168-acre, $49 million solar project. ... Continue reading

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