Retail Sales Rise, Fleet Sales Dip in April

J.D. Power expects higher incentives, inventories to dent Memorial Day sales.

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Start-Up Aims to Open Up Auto Dealer Floor Planning

“If we deliver floor plan lending in a more efficient way, we’ll ultimately have more lenders for dealers,” says Vero CEO John Mizzi.

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Tesla’s Musk Says Affordable BEV Coming in Early 2025

Tesla CEO Elon Musk says Tesla plans to build “affordable models” that incorporate pieces of a next-generation platform on the production lines in the company’s existing factories in China, Germany, California and Texas.

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