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

Hot Topics of 8/29/2022 - 9/2/2022 From CAR(la) - Carla Bailo President and CEO Center for Automotive Research

Hot Topics of 8/29/2022 - 9/2/2022 From CAR(la) - Carla Bailo President and CEO Center for Automotive Research

More in the EV space was significant news out of California with the ban of gasoline-powered vehicles by 2035. ... Continue reading

SUBARU OF AMERICA, INC. AUGUST 2022 SALES UP 1.5 PERCENT

SUBARU OF AMERICA, INC. AUGUST 2022 SALES UP 1.5 PERCENT

Subaru of America, Inc. (SOA) today reported 50,126 vehicle sales for August 2022, a 1.5 percent increase compared with August 2021 (49,373). The automaker also reported year-to-date sales of 355,457, a 15.5 percent decrease compared with the same period in 2021. Subaru continues to face inventory challenges as the res ... Continue reading

Big News for the Future of Clean Energy in the U.S.

Big News for the Future of Clean Energy in the U.S.

There’s big news about America’s need for clean energy! The U.S. has a precariously limited domestic supply of lithium, which is needed to power our clean energy initiatives including EVs. The White House has warned that lithium demand is about to increase 4,000%! We’re in great danger of being dep ... Continue reading

KIA AMERICA POSTS BEST-EVER AUGUST SALES

KIA AMERICA POSTS BEST-EVER AUGUST SALES

IRVINE, Calif., August 31, 2022 – Kia America announced best-ever August sales of 66,089 units, marking a 22-percent increase year-over-year. Kia’s SUVs continue to shine with the Sportage as Kia’s top-selling model for the fifth consecutive month with 12,986 units sold, representing a 59-percent increase year-ov ... Continue reading

2023 Nissan Kicks Pricing Starts at $20,290

2023 Nissan Kicks Pricing Starts at $20,290

The 2023 Nissan Kicks packs a punch for crossover customers with plentiful safety features, a high level of available technology and the flexibility to carry people, cargo or both. Designed to be compact on the outside yet spacious on the inside, it’s an ideal fit for city driving – and boasts connectivity features ... Continue reading

Auto Dealership Buy/Sell Market Hits Another Record in First Half of 2022: Valuations Climb with Profits, Liquidity Drives Demand

Auto Dealership Buy/Sell Market Hits Another Record in First Half of 2022: Valuations Climb with Profits, Liquidity Drives Demand

INCLINE VILLAGE, Nev.--The auto dealership buy/sell market continued its record-breaking activity despite economic headwinds during the second quarter of 2022, up 16% compared to 2021, according to the just-released Blue Sky Report® by Kerrigan Advisors. There were 167 dealership buy/sell transactions reported in the ... Continue reading

Cox Automotive Newsletter August 30, 2022

Cox Automotive Newsletter August 30, 2022

Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. As summer fades into the rearview mirror and the Labor Day holiday weekend approaches, how auto sales will unfold in August is top of mind for many of us. ... Continue reading

LG Energy and Honda to Form Joint Venture for EV Battery Production in the U.S.

LG Energy and Honda to Form Joint Venture for EV Battery Production in the U.S.

Seoul, Korea August 29, 2022; LG Energy Solution and Honda Motor Co., Ltd. today announced an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market. ... Continue reading

Start of Production for the new EQS SUV at Mercedes-Benz in Alabama

Start of Production for the new EQS SUV at Mercedes-Benz in Alabama

Mercedes-Benz is exclusively producing the all-electric EQS SUV at its North American passenger vehicle plant. These vehicles rolling off the line is a key step in Mercedes-Benz Cars’ global initiative to produce eight all-electric vehicles at seven sites on three continents this year. ... Continue reading

Nutson's Weekly Auto News Wrap-up August 21-27, 2022

Nutson's Weekly Auto News Wrap-up August 21-27, 2022

Below are 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

Geely Auto Secures US$400m Sustainable Club Loan to Accelerate Green Transformation

Geely Auto Secures US$400m Sustainable Club Loan to Accelerate Green Transformation

Geely Automobile Holding Ltd. (HK.0175) becomes first Chinese automaker to secure an overseas sustainable club loan Credit facility oversubscribed with participation by seven international lenders Loan agreement will support the company’s R&D of technologies and production of vehicles in new energy segment 2022 Augus ... Continue reading

2023 Ford Mustang Mach-E UPdated Pricing EPA-Est. Range, and Colors

2023 Ford Mustang Mach-E UPdated Pricing EPA-Est. Range, and Colors

DEARBORN, Mich., Aug. 25, 2022 – Ford is reopening U.S. order banks Tuesday for the Mustang Mach-E with updated pricing and features as it continues to increase production for the popular all-electric SUV. ... Continue reading

2023 Kia Forte Preview

2023 Kia Forte Preview

IRVINE, CA, Aug. 26, 2022 – One year after a significant product enhancement featured new front and rear design elements, a new available 10.25-inch widescreen navigation display, and an expanded roster of Advanced Driver Assistance Systems (ADAS), the Forte compact sedan returns mostly unchanged for model year 2023. ... Continue reading

Cost of Car Ownership in the U.S. Jumps 5%

Cost of Car Ownership in the U.S. Jumps 5%

SEATTLE--doxo, the innovative web and mobile bill pay service, today released two new doxoINSIGHTS reports for 2022, revealing that the cost of car ownership has increased 5% year over year to $5,722. The report also revealed that Americans as a whole spend $743 billion annually, on Auto Loans and Auto Insurance combin ... Continue reading

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