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Automotive Deals

Mullen Automotive gives updates on EV deals, factories

Mullen Automotive Inc. MULN, -1.57% gave a business update before market open Monday, with the electric vehicle maker providing details of its latest factory developments and a recently announced $15.8 million contract with MGT Lease Company. The fleet sales and… Continue Reading…

Automotive Deals

Average New Vehicle Prices Dip Below MSRP

New vehicle prices remained high, even though the average new car price dipped below the MSRP in March. According to a new report from Cox Automotivethe average vehicle transaction price is still higher than last year, even though new car… Continue Reading…

Automotive Deals

NY dealer sues Stellantis for diverting inventory

A dealership outside New York City is accusing Stellantis of giving illegal “secret discounts” to competing stores and cutting its vehicle shipments as retaliation for a previous legal victory over the automaker. The lawsuit filed by Larchmont Chrysler-Jeep-Dodge-Ram, located about… Continue Reading…