China auto market hits milestone as EVs, hybrids make up half of July sales
Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the world's biggest auto market has leapt ahead of Western counterparts in EV adoption....
Openlane’s vehicle volume up 7%, revenue rises 4% in Q2
The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said....
New-car sales dip for fourth straight month but EVs, hybrids make up half of July sales
Demand for new passenger vehicles in China has contracted for the fourth consecutive month in July, as weakened demand for fuel-powered vehicles more than offset the sales increase of electrified vehicles, according to the China Automobile Dealers Association....
Volvo sales tumble in July
China sales at Volvo Car Corp. have contracted for four straight months, with July volume plunging 31 percent year on year to 9,775....
Praise Be: Mercedes-AMG Still Cooking New V-8 Cars
The downsizing bug won't bite all AMGs....
Ram Professional unit looks to grow truck brand’s commercial business
Ram's commercial team is touting a product slate with the brand's most diverse set of powertrains ever, including the new ProMaster EV that Amazon will use for last-mile deliveries....
F&I tip: Paper auto loan holdouts ‘need to get going’ on digital
Auto lenders are going digital, according to an executive for e-contracting support company Wolters Kluwer — and car dealerships should, too....
Guest commentary: Fraud prevention across the car-buying journey
The rise and impact of fraud in the automotive industry has significant implications for both consumers and auto retailers. It is imperative to combat fraud across each step of the car-buying journey....
Big utilization drop for North American auto factories on the horizon as EV production begins
Automakers will build less than two-thirds of their vehicle assembly capacity in 2030, according to GlobalData....
Mercedes Bets We’ll Embrace Four-Cylinder AMGs Like Smartphones
The thinking is people were initially reluctant to buttonless smartphones, just like car enthusiasts need time to warm up to downsizing....