GCADA, Author at Greater Cincinnati Automobile Dealers Association

Author Archives: GCADA

Americans are buying cheaper cars

By Gabrielle Coppola and David Welch The US auto market defied expectations for a slowdown by eking out another quarter of sales growth. But the high cost of financing drove Americans to opt […]

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The electric car revolution is losing its charge

In the electric-vehicle race, it’s increasingly clear that not every competitor will make it to the finish line. Companies like Rivian Automotive, Lucid Group and Fisker are burning through their […]

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To avoid hefty tariffs, China’s BYD eyes U.S. car market via Mexico

Chinese automaker BYD has set its sights on Mexico as its quest for global expansion turns toward North America. The Shenzhen-based car company, whose rapid growth has made it one of the world’s […]

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Cincinnati trails its peers, Milwaukee, Nashville, when it comes to dealers offering EVs

Sales at traditional dealerships lag behind similarly sized cities such as Milwaukee, Nashville Nationwide, 55 percent of new car dealers are selling electric vehicles, while in Cincinnati, that number is […]

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GM Went all in on EVs. Dealers say buyers want hybrids

Some auto retailers worry GM is missing an opportunity to nab buyers who aren’t ready for EVs Some influential dealers are pressing General Motors to introduce hybrid models, worried they risk […]

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Used-car market normalizing, though affordability, inventory concerns remain

Dealers are assessing what the return of new-vehicle supply and used-vehicle depreciation means for demand in 2024 Pent-up demand for used vehicles remains strong at the start of 2024, though dealers plan […]

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After big Tesla bet, Hertz selling one-third of EV fleet

Car-rental company cites low demand, says some proceeds to be used to buy internal-combustion-engine vehicles Hertz is selling about a third of its global electric-vehicle fleet, a major reversal for […]

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Cars.com survey reveals surprising 2024 auto trends

Ed Garsten, Senior ontributor The quest for an affordable ride goes way down market, a late-model trade-in that’s in good condition equals a major windfall, enthusiasm for battery electric vehicles is […]

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Car sales slow as U.S. buyers suffer sticker shock

US auto sales softened at the end of last year as higher financing costs and near-record prices took their toll on would-be buyers. Pent-up demand that propped up sales in […]

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How electric vehicles are losing momentum with U.S. buyers, in charts

EV sales grew nearly 50 percent this year but have plateaued in recent months By Sean McLain | sean.mclain@wsj.com and Nate Rattner | nate.rattner@wsj.com Electric-vehicle sales growth hit a speed bump in […]

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