Tag: auto industry insights
U.S. investigates fatal VinFast EV crash in California
U.S. auto safety investigators have launched an investigation into the deadly crash of a VinFast VF 8 electric vehicle in Pleasanton, California, where a...
Dave Cantin Group launches first-ever AI-powered software to accurately value the...
Using its new AI-powered data-mining software, Retail automotive M&A advisory firm Dave Cantin Group (DCG) can now provide accurate, reliable data-driven valuations for any...
Mercedes-Benz Alabama workers reject UAW unionization bid, halting momentum
In a significant blow to the United Auto Workers (UAW), workers at the Mercedes-Benz plant in Alabama have voted against joining the union. This...
Used vehicle inventory rises in May as tax refund season fails...
According to Cox Automotive's analysis of vAuto Live Market data, the inventory of used vehicles at the start of May increased compared to April....
High interest rates undermine new auto incentives for car shoppers
Incentives are re-emerging in the auto market, but high interest rates are diminishing their appeal to car shoppers. According to Edmunds, the average annual...
Automotive Weekly Round Up: Biden imposes tariffs on China, Mercedes-Benz Alabama...
Earlier this week: The Biden administration announced new tariffs targeting Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum, and medical equipment. Workers at the...
Hyundai Motor’s global EV sales decline by 3.3% in April
Hyundai Motor Company, encompassing the Hyundai and Genesis brands, reported a global vehicle sales figure of 345,840 in April 2024, marking a 3.3% decrease...
Kia offers up to $12,000 off 2024 EV6 and EV9 models,...
Kia is making waves in the electric vehicle market with unprecedented discounts of up to $12,000 on its latest 2024 EV6 and EV9 models.
The...
Understanding the political and market dynamics behind Biden’s Chinese tariffs – Kevin...
The Biden administration has announced new tariffs on Chinese EVs and other products. Therefore, on the latest episode of CBT Now, Kevin Tynan, Senior...
Tesla offers 0.99% financing on Model Y to boost orders
Tesla has announced a limited-time offer of heavily discounted 0.99% financing on the Model Y in an effort to boost sales. CEO Elon Musk...