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.)

Democrats Propose $12,500 Government “Clean Energy for America” Rich People Welfare Subsidy On Every EV Selling For Under $80,000

Democrats Propose $12,500 Government “Clean Energy for America” Rich People Welfare Subsidy On Every EV Selling For Under $80,000

Reuters reported that The U.S. Senate Finance Committee advanced legislation on Wednesday that would boost electric vehicle tax credits to as much as $12,500 for EVs that are assembled by union workers in the United States. The bill would limit tax credits to vehicles with a retail price below $80,000 to qualify for th ... Continue reading

New and Used Car and Truck Market Closeup

New and Used Car and Truck Market Closeup

We're rolling towards the Memorial Day weekend, westbound and down. (Hat tip to Jerry Reed). Just one piece of business May auto sales forecast. ... Continue reading

Limited Supply, High Prices This Memorial Day Weekend, Notes Kelley Blue Book

Limited Supply, High Prices This Memorial Day Weekend, Notes Kelley Blue Book

As Memorial Day weekend approaches, bringing along one of the most popular car-buying weekends of the year, shoppers face a difficult marketplace with low vehicle inventory supply and record high prices due to strong consumer demand. Yet despite the challenging market conditions, car shoppers remain undeterred as they ... Continue reading

Nutson's Weekly Auto News Wrap-up- May 17-22, 2021

Nutson's Weekly Auto News Wrap-up- May 17-22, 2021

* President Joe Biden headed to metro Detroit and visited Ford Motor Co.'s electric vehicle plant in Dearborn ahead of the big reveal of the all-electric F-150 Lightning pickup truck. Biden has called for $174 billion to be included in his own infrastructure bill to go toward helping to install some 500,000 charging st ... Continue reading

Carnomaly Announces Official Partnership with National Motor Vehicle Title Information System

Carnomaly Announces Official Partnership with National Motor Vehicle Title Information System

National Motor Vehicle Title Information System, who are designed to protect consumers from fraud and unsafe vehicles as well as keeping stolen vehicles from being resold. Under the partnership agreement, NMVTIS will be providing Carnomaly and all of their membership holders with reliable and secure vehicle title and h ... Continue reading

Fisker Inc. Announces First Quarter 2021 Financial Results

Fisker Inc. Announces First Quarter 2021 Financial Results

passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions -- today announced its financial results for the first quarter ended March 31, 2021. Q1 2021 results in-line with expectations. ... Continue reading

Stellantis Brings Multiple Exhibits and Driving Experiences to the 2021 Houston Auto Show

Stellantis Brings Multiple Exhibits and Driving Experiences to the 2021 Houston Auto Show

Stellantis rolls into the Houston Auto Show on May 19 with a variety of displays and interactive experiences, featuring Alfa Romeo, Chrysler, Dodge//SRT, FIAT, Jeep®, Ram and Wagoneer brand vehicles. Alfa Romeo Brand The 2021 Alfa Romeo Giulia midsize sedan and Stelvio SUV embody Alfa Romeo's "la meccanica delle emozi ... Continue reading

Toyoda Gosei Starts Operation of New Plant in Mexico

Toyoda Gosei Starts Operation of New Plant in Mexico

has established a new plant in Mexico, the TAPEX Mexicana, S.A. de C.V. (TAPEX) Monterrey Plant, and started its production of the bags that are a main component of automotive airbags in March 2021. ... Continue reading

Mazda Appoints Jeffrey Guyton as President & CEO of Mazda North American Operations

Mazda Appoints Jeffrey Guyton as President & CEO of Mazda North American Operations

Mazda announced changes to its leadership team with the appointment of Jeffrey Guyton as President and CEO of Mazda North American Operations, effective June 24. ... Continue reading

Fisker and Foxconn Sign Framework Agreements for Project PEAR; Confirming Manufacturing to Start in U.S. From Q4 2023

Fisker and Foxconn Sign Framework Agreements for Project PEAR; Confirming Manufacturing to Start in U.S. From Q4 2023

Breakthrough new segment vehicle to be jointly developed and sold under the Fisker brand into global markets including North America, Europe, China, and India. Manufacturing to commence first in the United States with several locations under consideration by Fisker and Foxconn. ... Continue reading

DRIVRZ Financial, Formerly MUSA Auto Finance, teams Up With Roadster To Add Used Car Leasing To Digital Retail Experience

DRIVRZ Financial, Formerly MUSA Auto Finance, teams Up With Roadster To Add Used Car Leasing To Digital Retail Experience

DRIVRZ Financial, which serves as the leasing and finance division of PowerBand Solutions DRIVRZ Financial will continue growing its indirect lending business while also branching into direct-to-consumer financing, traditional retail financing, and lending across the full credit spectrum. ... Continue reading

I Just Saved $22 When I Filled Up My Van - You Can Too!

I Just Saved $22 When I Filled Up My Van - You Can Too!

17 gallons of E85 @ 33% Discount Compared to E10. Don't be the family chump, be a family champ! ... Continue reading

The Smart Way to Buy a Used Car Online

The Smart Way to Buy a Used Car Online

Buying a used car has some real advantages. Chief among them is the dollar savings you can achieve by letting a previous owner bear the brunt of the depreciation all new cars experience upon being sold. ... Continue reading

Statement Oliver Zipse, Chairman of the Board of Management of BMW

Statement Oliver Zipse, Chairman of the Board of Management of BMW

Call Q1 2021 The BMW Group is a global company. ... Continue reading

EV Owners Real Geeks, J.D. Power Finds

EV Owners Real Geeks, J.D. Power Finds

Electric vehicle (EV) owners are more than twice as likely to use the manufacturer’s mobile app than owners of a vehicle with an internal combustion engine (ICE) According to the inaugural J.D. Power U.S. OEM EV App Benchmark Study,℠ released today, 41% of EV owners say they are using their brand’s smartphone app ... Continue reading

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