Hyundai Wants to Restart Facility Upgrades; Dealers Wary

Hyundai and Genesis are resuming their dealership upgrade programs after halting them six months ago when the coronavirus pandemic disrupted the U.S. auto market. And some dealers are pushing back, reports Automotive News.

Audi Rolls Out Rental Program to Dealerships

Silvercar — the wholly owned Audi subsidiary that has been the German premium brand's platform to experiment with mobility solutions — is expanding a partnership with Audi dealerships in several U.S. metros that will make on-site Audi rentals available.

Subprime Shrinks Amid COVID-19 Sales Conditions

Automotive News reports that as vehicle sales fell sharply in the second quarter amid coronavirus pandemic conditions, the amount of subprime consumers originating auto loans slipped to its lowest recorded level, credit bureau Experian said this month.

Kia to Launch First Dedicated EV Next Year

Kia Motors will launch its first dedicated electric vehicle next year as part of a new seven-model EV-only lineup it will roll out across several segments through 2027, reports Automotive News.