New-vehicle retail sales decline 17% in May

New-vehicle retail sales decline 17% in May https://ift.tt/PxYuoph

The Chinese market for new light vehicles is slowly rebounding although retail sales still contracted 17 percent in May amid persistent government anti-pandemic measures. 

Kansas Buick dealership faces racial discrimination lawsuit

Kansas Buick dealership faces racial discrimination lawsuit https://ift.tt/vcA0WTn

Jude Boliere, who is Black, alleges that he was subjected to discrimination based on his race and that he faced disciplinary action upon reporting it.

Mercedes-Benz counts on EVs to lift it back to pre-Covid volumes

Mercedes-Benz counts on EVs to lift it back to pre-Covid volumes https://ift.tt/w0cUfyI

Mercedes aims to sell about 350,000 vehicles, including up to 45,000 all-electric vehicles, in the U.S. next year.

'Switch has been flipped' on global EV growth, forecast says

'Switch has been flipped' on global EV growth, forecast says https://ift.tt/vaPeFVL

BCG's latest report said battery electric vehicles are likely to benefit in the coming years because of a significant shift away from ICE vehicles.

Ford dealership investigated by NHTSA over allegation of selling Escape with outstanding recall

Ford dealership investigated by NHTSA over allegation of selling Escape with outstanding recall https://ift.tt/JHW4OfL

NHTSA said it had received information indicating that Healey Brothers Ford in Beacon, N.Y., sold at least one new vehicle to a customer without performing required recall repairs.

Wholesale used-vehicle prices ticked up slightly in May, Manheim says

Wholesale used-vehicle prices ticked up slightly in May, Manheim says https://ift.tt/69YkiSz

Wholesale prices were 9.7 percent higher in May than they were in the year-earlier period. Those numbers are adjusted for mix, mileage and seasonality.