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ATAE

45% of US car dealers won’t sell you an EV – here’s what’s going on

Sixty-six percent of US car dealers don’t have any EVs to sell, and 45% said they wouldn’t sell them no matter what, according to a new report from Sierra Club about the EV shopping experience in the US.
ATAE

Gas Pumps at Car Dealerships? No. Charging Stations? Yes

Car dealers don’t put gasoline pumps on their premises for public use. So why are electric-vehicle charging stations popping up at dealerships?
ATAE

Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’

Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
ATAE

Heavy EVs Could Collapse Old Parking Garages

Modern electric vehicles are heavy. It's partly due to the batteries needed to give them decent range, and partly due to the bloat affecting all modern vehicles.
NADA | NADA Headlines

VW Sales Forecast Cut Puts Carmaker Out of Step With Peers (Bloomberg)

Volkswagen AG is the odd carmaker out in what’s otherwise been an upbeat earnings season for the industry.
NADA | NADA Headlines

US Senators Seek to Reverse 'Buy America' Waiver for EV Charging Stations (Reuters)

Four Republican U.S. senators on Wednesday sought to reverse a Biden administration decision to waive "Buy America" requirements for government-funded electric vehicle (EV) charging stations.
NADA | NADA Headlines

Mercedes-Benz Raises Profit Outlook as Higher Prices Boost Margins (Reuters)

Mercedes-Benz on Wednesday raised its full-year forecast for operating profit, on the back of higher prices that helped the luxury carmaker shrug off higher material costs and negative currency effects.
NADA, NADA Show | NADA Headlines

NADA Show 2024 Speakers Announced; Registration Opens Monday

We’re lining up sessions and speakers you won’t want to miss at NADA Show 2024. Mark your calendars for the Auto Industry Event of the Year: February 1-4, 2024, in Las Vegas.
NADA | NADA Headlines

GM, Stellantis, BMW Plan North American EV Charger Network (Bloomberg)

Seven global car manufacturers including General Motors Co. and Stellantis NV are joining forces to install at least 30,000 fast chargers for electric vehicles across North America. 
NADA | NADA Headlines

India's Tata Motors Hits Record High on Q1 Profit Beat, Capital Reduction Plan (Reuters)

Shares of Tata Motors rose as much as 4.1% to a record high on Wednesday after the company reported a better-than-expected first-quarter profit and announced a plan to cancel its 'A' ordinary shares. 

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