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Newsby StaffOctober 21, 2022

Supply Chain Challenges Slow EV Adoption in Government Agencies

Federal agencies would have purchased more EVs had it not been for supply chain hurdles, the White House reported.

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Newsby StaffOctober 21, 2022

Michigan Judge Denies Carvana Request

A Michigan Court of Claims judge has denied Carvana's request for a temporary restraining order against Michigan Secretary of State Jocelyn Benson for suspending its Novi dealership operations.

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Newsby StaffOctober 21, 2022

Automakers Drive Up Spending on EV and Battery Development

Automakers will spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, EV batteries and raw materials.

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Newsby StaffOctober 21, 2022

Data Shows 10 Recent Crash Deaths Involved Automated Driving Tech

All of the crashes involved Tesla-made vehicles.

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Newsby StaffOctober 21, 2022

Toyota Cuts Fiscal-Year Production Target

Continuing chip shortage bedevils world’s biggest carmaker, which falls short of a new record.

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Newsby StaffOctober 20, 2022

Lithia Reports Q3 Results

Profit, revenue were up but short of Wall Street forecasts.

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Newsby StaffOctober 20, 2022

Q3 Ally Car Loan Applications Down But Value Unchanged

CEO acknowledges that greater market woes may be on the horizon.

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Newsby StaffOctober 20, 2022

BMW Leader Blasts Push to Phase Out Gas Powered Vehicles

BMW Board Chair Olive Zipse says the move will put vehicle ownership out of reach for many people, and could be politically dangerous.

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Newsby StaffOctober 20, 2022

Biden Administration Awards $2.8 Billion for EV Battery Production

The grants will fund projects designed to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production.

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Newsby StaffOctober 19, 2022

Black Book: Specialty Market Update

All of the collectible vehicle market segments we track increased in value during the past year, including Muscle Cars, Pony Cars, Post War American Classics, European/Asian Sports Cars, and Classic Trucks & SUVs.

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