The global chip shortage, initially sparked by the COVID-19 pandemic, had a profound impact on various industries, with the automotive sector being one of the hardest hit. The scarcity of ...

Electric vehicles are expected to take a big hit, thanks to the expiration of the $7,500 EV tax credit on September 31. Consumers rushed to dealerships to take advantage of the benefit before it ...

Electrified vehicles — including the battery-electric, plug-in hybrid electric and hybrid electric segments — made up nearly a quarter of all new-car sales in the U.S. during the first quarter, and ...

More new cars were likely sold in the U.S. in 2024 than in any year since 2019. That’s welcome news for an industry that’s been looking to recover from a few bumpy years. At Stivers Ford Lincoln in ...

Americans are spoiled for choice when it comes to new cars. As of May 2025, a total of 411 individual models were available across 33 distinct vehicle segments. Still, despite all that variety, four ...

Auto industry analysts predict a slowdown in new vehicle sales as consumers face high prices. Tariffs on imported autos and parts, along with expiring EV tax credits, have contributed to the market ...

The affordability crisis affecting the US automobile market shows little signs of abating. The average price of a new car continues to rise: In June the average new vehicle MSRP was $51,124, according ...

The automotive industry hit an important milestone in 2024, with new-car sales finally back to pre-pandemic levels. However, used-car inventory is nowhere near back to normal yet, and not even an ...