Electric vehicle sales dipped in the second quarter, despite record incentives and a growing model lineup. The market braces for a federal tax credit phase-out that could skew sales trends.
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These fleet vehicle models were displayed and promoted at the annual GM Envolve Solutions Summit for fleet managers held April 24-25 in Las Vegas.
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Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.
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Since the labor actions started Sept. 15, the U.S. has ample inventory for now from the Detroit automakers that should keep steady supply through the end of the month. The all-important Ford F-150 had 97 days of supply at the start of October.
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The partnership leverages the wide and deep scalability of the two automotive giants so they can target new EV models to large vehicle segments, including compact crossover utility vehicles.
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The Bolt EV saw a 335% sales increase in July to its highest volume ever in a second quarter at 10,857 units.
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Build Data comprises "as built" content such as optional equipment specific to a unique 17-digit VIN. This new integration will allow for a higher degree of valuation precision for General Motors vehicles.
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General Motors and GM Financial hosted the sale of its 15 millionth remarketed vehicle on GMF DealerSource.
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With an eye toward the future, Costabile focuses on relationship building, networking, and growth.
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The Volkswagen Group, General Motors, and Toyota Motor Company are three of the OEMs that experienced the highest rise in average transaction price. Respectively, the three OEMs saw average transaction prices rise 7.1%, 3.5%, and 3.4%.
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