AE Magazine
MENU
SEARCHMENUSEARCH
LMP Automotive Holdings Inc. plans to terminate seven pending purchases of many auto dealerships due to an inability to secure financial commitments.
Read More →
Volkswagen plans to decide on location for new plant and increase production output in the second half of 2022, reports company officials.
Read More →
The Company intends to terminate all of its pending acquisitions in accordance with the terms of their respective acquisition agreements, primarily due to the inability to secure financial commitments and close within the timeframes set forth in such agreements.
Read More →
In the most recent Auto Market Report video, Cox Automotive Chief Economist Jonathan Smoke notes that 2022 has started slower for the U.S. economy and for vehicle sales.
Read More →
The rate of week-over-week declines has accelerated, exceeding the typical seasonal expectations for this time of year.
Read More →
Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
Read More →
Total losses add up to $300 million, with a $155 million hit to automakers and $145 million in lost direct wages.
Read More →
The auto retailer reports sales jumped 34% in the fourth quarter and soared 51% for the year.
Read More →
Tight supply and lower production helps the companies sell vehicles with fewer financial incentives than they traditionally offer.
Read More →
Consumers continue to pay well above MSRP for a new vehicle, marking eight straight months of paying more than sticker price.
Read More →