Author Archives: GCADA
U.S. auto sales expected to finish 2023 up more than 11 percent year over year
Cox Automotive forecasts full-year 2023 U.S. auto sales to finish near 15.5 million units, up from 13.9 million in 2022 and down from the market peak of 17.5 million in […]
Are EVs booming or flopping? Both are true.
By David Ferris, James Bikales Americans are being bombarded by two conflicting messages about electric vehicles: They’re booming. But they’re also piling up on dealer lots because no one wants […]
These Tesla wannabes are running out of road
Electric-vehicle startups face cash crunch, Journal analysis finds By Amrith Ramkumar and Shane Shifflett Electric-vehicle startups were flying high just a few years ago. Now many are focused on survival. At least 18 EV […]
Why Biden’s EV tax credit could become hard to claim
China-related restrictions on the subsidy are likely to kick in before automakers figure out how to replace China-produced graphite By Scott Patterson and Andrew Duehren The Biden administration hopes to use […]
In 2023, bold EV strategies took a punch from reality
Reporting by Joe White in Detroit | Editing by Matthew Lewis This was the year the auto industry’s race toward an all-electric future took a detour. Heading into 2023, automakers […]
WSJ Opinion: Congress takes on the EV mandate
Republicans want to get Democrats on record on the costly rules House Republicans have teed up a vote this week on legislation to block President Biden’s back-door electric-vehicle mandate. Democrats […]
CFPB takes action against indirect auto lender for alleged illegal scheme impacting borrowers
By Partner Michael Goodman and Associate Mark D. Metrey HIGHLIGHTS: The Consumer Financial Protection Bureau (“CFPB”) issued a Consent Order against an indirect auto lender (“Company”) that provides automobile financing […]
Ford tweaks EV dealer program again, loses challenge in Illinois
The company is cutting dealer training costs by half and reducing the number of chargers its retailers must install. It is also delaying the deadline to install chargers, citing supply […]
Thanks to Big Data, Landlords Know How to Squeeze the Most Out of Renters
Two firms face allegations that rent-pricing systems facilitate collusion among some big apartment owners If you want to know why apartment rents got so high, some people say look to […]
Cincinnati State, Kenwood Dealer Group announce 10-year partnership
By Brian Planalp – Reporter, Cincinnati Business Courier Kenwood Dealer Group, Greater Cincinnati’s second-largest auto group, has gifted more than $1.2 million to Cincinnati State Technical and Community College to help bridge […]