GM Sees Leasing Rebound

Despite pickup, automaker predicts low incentives will keep it lower than pre-pandemic levels.
Despite pickup, automaker predicts low incentives will keep it lower than pre-pandemic levels.
Both automakers are discussing potential incentives and the distinction between wholesale and retail.
Investments in replacement parts distribution centers follow double-digit increases in aftermarket parts sales.
It reported that US retail sales rose 15% while fleet sales jumped 27%.
General Motors is looking into the prospect of a voice assistant à la Alexa or Siri in future models.
Milestone for EV maker in 2022 Automotive Loyalty Awards, reported S&P Global Mobility.
Automaker to pause production at Fort Wayne Assembly truck plant, which builds full-size trucks.
‘Virtual power plant’ initiative could also benefit automotive industry.
Without an SUV classification, the Cadillac Lyriq exceeds the price threshold for federal tax credits for EVs.
U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
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