Cars.com Promised to Invest in DealerClub. Then Came Layoffs, a New CEO, and an $88 Million Lawsuit
Every acquisition announcement contains a promise. Somebody says the acquired company will get more resources,...
Car Market
The FTC Just Handed Car Dealers Back Their Favorite Financing Trick — And Called It Colorblind
Somewhere in a dealership finance office this week, a compliance manager who spent the last...
The $20,000 Used Car Didn’t Disappear. Automakers Discontinued It
Ask a dealer why a three-year-old Camry costs about what a loaded new one cost...
Dodge Brings Back the Super Bee With 600 HP — And Buries the Real News in the Fine Print
Read the press release Dodge sent out on August 7 closely enough, and it tells...
Cars.com Just Had a Record Quarter – By Politely Admitting Fewer People Are Showing Up
Cars.com told investors this week that it just posted the fastest revenue growth in its...
DoorDash Will Deliver Your Car Battery in Under an Hour — And AutoZone Wasn’t Invited
Somewhere in a strip-mall parts store that isn’t an AutoZone, isn’t an O’Reilly, and isn’t...
IIHS Releases Zero Driver Death List. Here’s Who’s Paying for It.
Six vehicles just posted a perfect record in the most sobering scorecard in the auto...
Brazil Is Buying Chinese Cars By the Billions. The Real Fight Is Over Screwdrivers
Everyone is reporting that Brazil just became the world’s largest importer of Chinese-made vehicles, spending...
Stellantis Is Profitable Again. It Also Just Told You Which Of Its 14 Brands Don’t Matter.
Stellantis reported a profit on Thursday. Wire copy treated it as a comeback story: red...
Stellantis Just Sold Its Car-Sharing Business to a Company That Buys Other People’s Failures for a Living
When a company sells off a division, the buyer usually tells you more than the...
Cadillac’s All-Electric Future Is Dead. Long Live the XT6 Nobody Asked to See Again.
Mary Barra didn’t announce new Cadillacs on GM’s second-quarter earnings call this week. She announced...
Used Car Prices Just Hit $27,027 Again. More Than Half of Buyers Are Already Underwater Before They Sign.
Cox Automotive says the average used vehicle listed for $27,027 in June. That’s up 6%...
China’s EVs Just Passed Gas Cars at the Export Dock. Now the Dock Is the Problem.
China’s EV exports have passed gasoline cars for the first time, but weak domestic demand and rising tariffs are already…
Dodge Is Throwing the Charger a 60th Birthday Party. The V8 Wasn’t Invited
Dodge wants you to spend this summer thinking about 1966. Starting this week, the brand...
Used Car Prices Climbed Again in June. Turns Out the 2021 Chip Shortage Just Never Sent Its Final Bill
Cox Automotive has a word for what happened to used-car prices in June: “normalizing.” It’s...