IRA Tax Credit Change Puts Hyundai Profits At Risk
Hyundai may not maintain its EV sales momentum if it can no longer qualify for U.S. tax credits under the Biden Administration’s Inflation Reduction Act.
Hyundai may not maintain its EV sales momentum if it can no longer qualify for U.S. tax credits under the Biden Administration’s Inflation Reduction Act.
McGovern, Ken Ganley groups pick up stores across brands.
Carmaker lays out plan to help dealers transition to electrification, with no investment targets specified.
A dispute over the interpretation of regional trade rules for automobiles should be decided soon, said Canada Minister of International Trade Mary Ng.
Says it’s the biggest EV pizza-delivery fleet in the country.
Upward trend shows strong sign of recovery from pandemic-era downturn.
Pied Piper Management Company research shows local new car and truck dealerships outperform factory direct sales in customer satisfaction.
Dealers say 14-day guarantee helped fuel industry-rare increase.
Report shows interest rates, continued high prices cramping volume.
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Service activity increased while service revenue decreased slightly at U.S. franchised dealerships in October, according to the latest Cox Automotive analysis of Xtime metrics.
Such cars will continue to be made with a different JV there, though demand continues to fall.
Latest in string of production changes blamed on chip shortages.
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