Nissan, Renault Near Potential New Deal

Automakers meanwhile negotiating terms.
https://www.fi-magazine.com/369488/nissan-renault-near-potential-new-deal?utm_source=dlvr.it&utm_medium=blogger

Black Book Market Insights

Last week was a short week with the Thanksgiving holiday, and the auction results reflected this with the level of declines continuing, but at the lowest level we’ve seen since the third week of July.
https://www.fi-magazine.com/369491/black-book-market-insights-1?utm_source=dlvr.it&utm_medium=blogger

Electric Vehicle Service Contracts | Elite FI Partners

American car shoppers appear to have discovered electric vehicles. After a decade of slow but steady sales growth, electric vehicle registrations in the U.S. shot up 60 percent in the first quarter of 2022, even as overall new car registrations dropped 18 percent. The sharp increase in electric-vehicle registrations at the start of 2022 meant that the EV share of the overall market in the U.S. hit a historic 4.6 percent. Is your dealership offering the correct products for electric vehicles? #WeAreEliteFI https://www.elitefipartners.com/electric-vehicle-service-contract?utm_source=dlvr.it&utm_medium=blogger
https://www.elitefipartners.com/electric-vehicle-service-contract?utm_source=dlvr.it&utm_medium=blogger

Dealerships Trade Hands in Four States

McGovern, Ken Ganley groups pick up stores across brands.
https://www.fi-magazine.com/369471/dealerships-trade-hands-in-four-states?utm_source=dlvr.it&utm_medium=blogger

VinFast Sends First Shipment to U.S.

The Vietnamese automaker has shipped 999 cars to the United States. The vehicles are expected to arrive in December.
https://www.fi-magazine.com/369473/vinfast-sends-first-shipment-to-u-s?utm_source=dlvr.it&utm_medium=blogger

IRA Tax Credit Change Puts Hyundai Profits At Risk

Hyundai may not maintain its EV sales momentum if it can no longer qualify for U.S. tax credits under the Biden Administration’s Inflation Reduction Act.
https://www.fi-magazine.com/369461/ira-tax-credit-change-puts-hyundai-profits-at-risk?utm_source=dlvr.it&utm_medium=blogger

USMCA Dispute Decision Expected Soon

A dispute over the interpretation of regional trade rules for automobiles should be decided soon, said Canada Minister of International Trade Mary Ng.
https://www.fi-magazine.com/369462/usmca-dispute-decision-expected-soon?utm_source=dlvr.it&utm_medium=blogger