Tag: auto industry insights
Volkswagen halts ID.7 electric sedan launch in the U.S. amid market...
Volkswagen announced on May 22 that its impressive ID.7 all-electric sedan will not be arriving in the United States anytime soon. The decision is...
Nostalgia vs. Futurism: Striking a Balance in Car Design
Let's take a trip down memory lane and fast forward to the future. The automotive industry is at a crossroads, folks. On one side,...
Ford backs Biden’s ambitious vehicle emissions cuts amidst Republican opposition
Ford announced Monday its support for the Biden administration's ambitious plan to drastically reduce vehicle emissions by 2032, dismissing Republican claims that the new...
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...