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.)

Auto Dealers Seeing Not So Happy - Cox Automotive

Auto Dealers Seeing Not So Happy - Cox Automotive

Happy hump day! Halfway through the week, halfway through the month, and hopefully more than halfway through an uncomfortable stretch of economic potholes. The road of late has been a rough. As our team reported on Monday, U.S. auto dealers are feeling it. ... Continue reading

Rare Car Colors Retain More Value

Rare Car Colors Retain More Value

Vehicles in rarer colors such as yellow, orange and purple retain their value at a better rate than cars in traditionally dominant colors such as silver, black and white, auto research website iSeeCars.com said in a study. Karl Brauer, executive analyst at iSeeCars.com, said he hopes the study will persuade people to p ... Continue reading

A New App from Carrot Rewards Safe Drivers With Cash Incentives

A New App from Carrot Rewards Safe Drivers With Cash Incentives

South Korea's leading InsurTech Carrot announced the release of new mobile application with Carrot Members Auto embedded, a service that financially incentivizes the citizens for safe driving behavior. The completely rebuilt and redesigned app makes it highly engaging and fun for users to stay connected and more freque ... Continue reading

Auto Parts 4Less Group, Inc. Hires Digital Agency Hedges & Company to Manage Digital Marketing

Auto Parts 4Less Group, Inc. Hires Digital Agency Hedges & Company to Manage Digital Marketing

LAS VEGAS, June 8, 2022 -- Auto Parts 4Less Group, Inc. (OTCQB: FLES) owner of Auto Parts 4Less, Inc. (AP4Less), that presently operates LiftKits4Less.com, announced that it has engaged Hedges & Company to implement and manage the marketing and branding campaign of AutoParts4Lesss.com, a premiere online marketplace for ... Continue reading

New Research Shows Electreon’s Wireless Electric Vehicle Charging Technology Could Reduce Global CO2 Emissions by More Than 1%, on Average, Year-on-Year

New Research Shows Electreon’s Wireless Electric Vehicle Charging Technology Could Reduce Global CO2 Emissions by More Than 1%, on Average, Year-on-Year

Electreon released a white paper today detailing the projected impact of its technology on global CO2 emission reductions. ... Continue reading

AirE&V Taking Off In UK - Rent Your Driveway

AirE&V Taking Off In UK - Rent Your Driveway

omewhere to park and charge their car, claims the online parking portal, YourParkingSpace.co.uk. As of April 2022, there were around 30,290 publicly available EV charging points available in the UK, equating to just 45 devices per 100,000 of the UK population. This represents a worrying shortage in EV charging infrastr ... Continue reading

Nutson's Weekly Auto News Wrap-up May 29-June 5, 2022

Nutson's Weekly Auto News Wrap-up May 29-June 5, 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

Toyota GR Corolla Goes Wild with MORIZO Edition

Toyota GR Corolla Goes Wild with MORIZO Edition

How does TOYOTA GAZOO Racing squeeze even more excitement into the ultra-hot GR Corolla? Like any enthusiasts, they take it to the garage and figure out how to add power, reduce weight and enhance handling – all while keeping an eye on building a car that’s ready to jump from the street to the track. Then, after tw ... Continue reading

SUBARU OF AMERICA, INC. REPORTS MAY SALES RESULTS

SUBARU OF AMERICA, INC. REPORTS MAY SALES RESULTS

Subaru of America, Inc. (SOA) today reported 42,526 vehicle sales for May 2022, a 24.8 percent decrease compared with May 2021 (56,558). The automaker also reported year-to-date sales of 220,620, a 20.8 percent decrease compared with the same period in 2021. Subaru continues to face inventory challenges as the result o ... Continue reading

U.S.Yea. Ford Announces 6,200 New UAW Jobs in the Midwest; Converting Nearly 3,000 Temporary Employees to Full Time; Upgrading Plants For EV and ICE Models, Complete VIDEO Coverage

U.S.Yea. Ford Announces 6,200 New UAW Jobs in the Midwest; Converting Nearly 3,000 Temporary Employees to Full Time; Upgrading Plants For EV and ICE Models, Complete VIDEO Coverage

United Auto Workers and Ford Motor Company leaders today announced plans to add more than 6,200 new U.S. manufacturing jobs in the Midwest, convert nearly 3,000 temporary UAW-Ford workers to permanent full-time status and provide all hourly employees healthcare benefits on the first day of employment. These actions – ... Continue reading

J.D. Power (Really) Believes In The Digital Dealer - Acquires Automotive F&I Menu and Reporting Software Business of Tail Light

J.D. Power (Really) Believes In The Digital Dealer - Acquires Automotive F&I Menu and Reporting Software Business of Tail Light

TROY, Mich.--J.D. Power, a global leader in data analytics and consumer intelligence, today announced it has acquired the finance and insurance (F&I) menu and reporting software business of Tail Light, a leading automotive software company. Tail Light’s F&I menu and reporting software is used by automotive dealership ... Continue reading

Hyundai May 2022 US New Car Sales

Hyundai May 2022 US New Car Sales

FOUNTAIN VALLEY, Calif., June 1, 2022 – Hyundai Motor America reported May retail sales of 59,432 units, a 30% decrease compared with May 2021. May was an all-time record month for Santa Cruz retail sales. ... Continue reading

Mazda North America May 2022 Sales Reported

Mazda North America May 2022 Sales Reported

Mazda Canada, Inc., (MCI) reported May sales of 3,974 vehicles, a decrease of 31.5 percent compared to May last year. Year-to-date sales decreased 17.5 percent, with 22,892 vehicles sold. Mazda Motor de Mexico (MMdM) reported May sales of 2,138 vehicles, a decrease of 44.7 percent compared to May last year. ... Continue reading

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