Tag: auto industry news
Lucid losses narrow in first quarter despite price cuts
Lucid's first-quarter earnings revealed positive shifts for the fledgling brand, with most financial metrics improving despite a global cooldown in battery-powered car demand.
The electric...
NHTSA investigates Tesla’s Autopilot safety features, July 1 deadline
Tesla's December recall of over 2 million vehicles to enhance Autopilot safety features is now under the National Highway Traffic Safety Administration's (NHTSA) scrutiny....
AIADA leaders discuss concerns and advancements in EV transition – Cody Lusk...
The American International Automobile Dealers (AIADA) has been at the forefront of advocating for the interests and tackling the challenges faced by international nameplate...
Navigating trade-in objections: why slow and steady win the race —...
Trade-in negotiations can be tricky for salespeople to navigate, as a disappointing appraisal can quickly sour the client relationship. How can dealership teams set realistic...
VP Kamala Harris announces $100 million in grants for auto suppliers
Vice President Kamala Harris has announced $100 million in federal grants for automotive suppliers as the White House looks to accelerate the car industry's...
UAW members approve 25% pay increase in new deal with Daimler...
On May 4, United Auto Workers (UAW) union members approved a new labor agreement with Daimler Truck. The agreement is valid for four years...
American Honda sales jump in April but roadblocks remain in key...
Honda reported strong April sales in the U.S. but continued to face challenges in the luxury and electric markets.
The automaker posted North American sales of...
How Christine Vinatieri-Erickson is pioneering leadership and forward thinking in a...
In the fast-paced world of the automotive and trucking industries, where leadership roles have often been dominated by men, a beacon of change and...
Educating the public on the strengths of franchised dealerships — Coulter...
The Louisiana Automobile Dealers Association (LADA) plays a critical role in the state's retail automotive environment, working with legislators to preserve the franchise model...
Rivian gets millions in state incentives for Illinois factory expansion
Rivian Automotive announced this week that it has secured an $827 million incentive package from Illinois, intended to fund an expansion at its Normal...
