The percentage of GM's sales that were leases rose slightly to 16.5 percent in the first quarter from a low of 13.9 percent in the third quarter of 2022, according to GM Financial data.
May marked the industry's 10th consecutive monthly sales increase as an industrywide inventory recovery continued.
Dealers featured this week include Yegor Malinovskii, Berlin City Auto Group in Maine president; and Larry Giacchino, CEO of Carman Auto Group in Delaware.
U.S. insurers can take a page from their Chinese counterparts, who work with automakers there on insuring the value of used EVs.
Pablo Di Si, head of Volkswagen in North America, says dealer price gouging on the new three-row ID Buzz electric bus would not be smart.
