Vehicle Sales Drop in China
January decrease follows end of tax break, subsidy.
January decrease follows end of tax break, subsidy.
Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.
The AG’s Office settled with Toyota Motor Credit Corp. for illegal auto finance collection practices and Hometown Auto Framingham for discriminatory prices of add ons.
Revenue also up for year. Q4 profit, meanwhile, falls due to market shifts.
Biden’s green-tech offerings so far more attractive for investments than Europe’s idea.
The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
Report shows unseasonable demand that was unexpected.
Refreshed alliance gives Nissan equal footing in two-decade partnership.
Defying market headwinds, dealer groups plan to spend excess cash.
Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.
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