U.S. LV Inventory in July Records First Year-Over-Year Increase Since 2019; The Inflation Reduction Act's False Promise

Wards Intelligence Update

Record June Caps First-Half Global Surge in Electrified-Vehicle Sales

Global deliveries of battery-electric vehicles in first-half 2022 totaled over 3 million units, up 81% from the same year-ago period...

Delivering the Goods Part 1: Autonomous Pods Promise Faster, Better, Cheaper Deliveries

Driverless vehicles can reduce costs, enable 24/7 availability and provide touchless deliveries on demand. We review some of the top...

The Inflation Reduction Act's False Promise

The U.S. Senate passed the Inflation Reduction Act of 2022 which re-establishes the $7,500 tax credit for new BEV purchases...

Mexico July Sales Take Dive, Still Beat Last Year

Although well below pre-COVID levels, LV sales in the first seven months reached 600,893 units, a mere 0.1% less that...

Canada LV Sales Regain Momentum in July

Despite the July uptick, LV sales in the first seven months of the year still trailed those of January-July 2021...

OEMs Want to Tweak Tax Credit; GM’s Hush Money?; BorgWarner Buys Charging Company

Rivian, as well as the Detroit Three and Toyota, ask for changes to a new EV tax credit.

U.S. Light-Vehicle Inventory in July Records First Year-Over-Year Increase Since 2019

Although inventory declined from the prior month in July, U.S. light-vehicle sales in August are expected to improve on July’s...