Rivian hikes prices on its EVs, citing higher component costs

Rivian hikes prices on its EVs, citing higher component costs https://ift.tt/8pWf0NX

Rivian is raising prices on its debut vehicles for retail buyers.

Vroom’s e-commerce vehicle sales grew 93% in Q4

Vroom’s e-commerce vehicle sales grew 93% in Q4 https://ift.tt/xgE0cCm

Online used-vehicle retailer Vroom posted revenue gains, but the company's net loss widened to almost $130 million in the fourth quarter.

Former California dealership accountant charged with wire fraud

Former California dealership accountant charged with wire fraud https://ift.tt/0R7H3je

A former bookkeeper for two San Rafael, Calif., dealerships appeared in court after being charged with four counts of wire fraud, allegedly for taking more than $1.7 million.

Hyundai, Kia, Genesis, Mazda generate February U.S. gains; Toyota falls 11%

Hyundai, Kia, Genesis, Mazda generate February U.S. gains; Toyota falls 11% https://ift.tt/tn6Oa4N

Analysts are forecasting a SAAR of 14.1 million to 14.4 million, down from 15.2 million in January.

Hyundai, Kia, Genesis generate strong February U.S. gains; Toyota falls 11%

Hyundai, Kia, Genesis generate strong February U.S. gains; Toyota falls 11% https://ift.tt/KXxW6HS

Analysts are forecasting a SAAR of 14.1 million to 14.4 million, down from 15.2 million in January.

Hyundai, Kia, Genesis generate strong February U.S. gains despite bearish forecasts

Hyundai, Kia, Genesis generate strong February U.S. gains despite bearish forecasts https://ift.tt/nstUpd2

Analysts are forecasting a SAAR of 14.1 million to 14.4 million, down from 15.2 million in January.