News - Auto News

Longing for leasing to return to the level seen before pandemic

New-vehicle leasing has dropped by more than 36 percent during the pandemic, for a variety of reasons. But it's in the vested interests of the whole industry to restore leasing to its previous levels when production and inventory stabilize.

Compelling EVs don't need subsidies

Tesla continues to prove that EVs can sell themselves without subsidies, writes an Automotive News reader in a letter to the editor.

U.S. vehicle inventory up slightly, but still low

The inventory level in the U.S. showed only a slight improvement last month, landing at 1.11 million, according to Cox Automotive and the Automotive News Research & Data Center.

Ex-dealer blew $8 million in ‘risk-free' investments on trips, feds say

A former Stellantis dealer in California is facing federal charges of defrauding investors out of nearly $8 million that he spent on himself.

Building on the Legacy

Subaru's Legacy midsize sedan gets some major upgrades in 2023, including the latest version of the brand's driver-assist technology and an electric brake booster, which will both be standard.

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