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An internal memo indicates that Tesla is planning to cut 10% of its global workforce following a slowdown in electric vehicle sales.

Tesla to lay off thousands of employees worldwide after Q1 sales...

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Tesla plans to lay off more than 10% of its employees worldwide, according to an internal memo leaked earlier today. In the document, Tesla CEO...
Ford has slashed prices on its 2024 F-150 Lighting electric pickup amidst a modest surge in EV affordability.

Ford confirms Lightning pickup price cuts ahead of release

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Ford has confirmed price cuts to the F-150 Lightning battery-powered pickup, joining automakers such as Tesla in efforts to improve electric vehicle affordability. On April...
Ohio Senator Sherrod Brown is calling on the White House to implement an outright ban on electric vehicle imports from China.

Lawmaker escalates attack on China-made electric vehicles, calls for ban

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Calls for a ban on China-made electric vehicles have escalated in recent weeks following the launch of an investigation in February into whether such...
Rising car insurance costs have risen rapidly in recent years, nearly negating recent improvements in affordability.

Rising car insurance costs threaten affordability surge

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Car insurance costs have surged without any sign of slowing down for the last three years, offsetting affordability improvements gained by falling car prices. Economic...
Auto credit availability rose again in March thanks to increases in approval rates, amidst a small gain in affordability.

Auto credit access improves in March amidst affordability rise

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Auto credit availability, a measure of the ease with which consumers can obtain loans for car purchases, improved in March amidst a slight gain...
Glenn Pasch joins Inside Automotive to discuss key strategies that can help dealers elevate the customer experience across all channels.

Auditing your marketing process to elevate the customer experience — Glenn...

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On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Glenn Pasch, auto marketing expert and CEO of PCG Digital, to discuss...
BMW sales rose marginally during the first quarter, lifted by strong electric vehicle demand despite a cooldown in pricing.

BMW sales rise in Q1 thanks to strong EV performance

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BMW sales rose slightly in the first quarter thanks to a surge in electric vehicle demand, fueling optimistic expectations for the remainder of the...
In an age dominated by electric propulsion, Cox Automotive's Flying Doctor Program helps solve emergencies while championing sustainability.

Cox Automotive’s Flying Doctor Program: A Beacon of Safety in the...

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In the rapidly expanding world of electric vehicles (EVs), Cox Automotive's innovative 'Flying Doctor Program' has emerged as a pioneering force in ensuring safety,...
Sheldon Sandler joins Driving Solutions to share his tips for navigating the complicated dealership M&A market's new landscape.

The dos and don’ts of dealership M&A, for sellers — Sheldon...

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The dealership M&A (mergers and acquisitions) sector has seen high levels of activity in recent years as the retail automotive industry has adjusted to...
Tesla said it will unveil a robotaxi later this year, following a report claiming its affordable Model 2 project had been cancelled.

Tesla sets date for robotaxi debut following Model 2 cancellation claims

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Tesla is building a robotaxi, according to company CEO Elon Musk. The self-driving vehicle will apparently make its debut this August, according to a short...