Electric vehicle sales swung sharply in October as the expiration of federal incentives reshaped EV demand and consumer buying behavior heading into the new year. On today’s episode of Inside Automotive, Urban Science’s Global Lead for Advanced Analytics, Tom Kondrat, shares market insights and what dealers should be aware of as the new year approaches….
On the Dash: GM raised its 2025 adjusted core profit outlook to $12–$13 billion, signaling stronger-than-expected earnings and tariff relief. EVs remain a small portion of total sales, and GM canceled its dealer-led tax credit extension, reflecting ongoing challenges in stimulating EV demand. CEO Mary Barra emphasizes reducing EV overcapacity and letting customer demand guide…
The U.S. automotive market faces ongoing affordability pressures even as certain segments, particularly luxury vehicles and hybrids, continue to see robust growth. Joining us on today’s episode of CBT Now is Kevin Roberts, the Director of Economic and Market Intelligence at CarGurus, to discuss the company’s latest Q3 Intelligence Report, which reveals trends that are shaping dealer…