WSJ News Exclusive | Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships

[ad_1] The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after it found the approach too expensive and struggled in…

U.S. Auto Sales Bounced Back in 2023

[ad_1] Updated Jan. 3, 2024 11:49 am ET U.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on dealership lots.  But this year could prove more…

EV Makers Turn to Discounts to Combat Waning Demand

[ad_1] Buyers looking to get a bargain on a new car might want to consider an electric vehicle. As sales growth has slowed for battery-powered models, automakers and dealers are slashing prices…

Yes, There Is a Best Time of Year to Buy a New Car

[ad_1] By Perri Ormont Blumberg Oct. 22, 2023 5:30 am ET Listen to article (1 minute) You can save thousands of dollars on a new car by buying at the…

America’s Food Giants Confront the Ozempic Era

[ad_1] Nearly 7% of the U.S. population is projected to be on weight-loss drugs in 2035. [ad_2] Source link

U.S. Car Sales Expected to Increase Again in the Third Quarter

[ad_1] The car market has yet to see an impact from UAW strike-related factory shutdowns. [ad_2] Source link

McDonald’s, PepsiCo, GM Flex Their Pricing Power

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Car Dealer Markups Helped Drive Inflation, Study Finds

[ad_1] The money dealers charged over manufacturers’ suggested prices factored into a nearly 16% rise in the CPI in recent years. [ad_2] Source link

C3.ai, Western Alliance, Albemarle, Tesla, and More Stock Market Movers

[ad_1] C3.ai (AI) had fallen 15% Wednesday after closing down more than 26% on Tuesday after short seller Kerrisdale Capital published a letter to the artificial intelligence software company’s auditors alleging a series…

As Dealerships Get More Stock, Auto Makers’ Sales Rebound in First Quarter

[ad_1] Business Autos & Transportation Autos Industry GM, Hyundai and other auto makers report a robust start to the year, due in large part to rising inventory levels and easing…