Tag: auto industry news
U.S. EV sales take second place worldwide thanks to “crucial” tax...
A sharp rise in electric vehicle sales has made the U.S. the world's second-biggest EV market behind China.
According to technology-market research firm Counterpoint, first-quarter EV...
Optimizing F&I for electric vehicle loans — Aaron Bickart | OfferLogix
As more consumers show interest in buying an electric vehicle, it becomes ever more crucial for dealers to partner with brands like OfferLogix to...
AAA study finds EV driving range limited by heavy cargo
A study published on Tuesday, June 13, by the American Automobile Association (AAA) found sizable differences in an electric vehicle's driving range based on cargo weights.
Using...
How ARRA is looking to upend the direct-to-consumer EV market —...
Dealers concerned about OEMs and industry disruptors that aim to sell electric vehicles directly to consumers may have a possible solution in ARRA, a new...
DeSantis approves bill partially banning direct-to-consumer car sales in Florida
Florida Governor and Republican presidential candidate Ron DeSantis has signed off on a bill prohibiting car manufacturers from using direct-sales models in the state.
DeSantis signed the law, along...
Toyota unveils electric vehicle plans amidst shareholder outcry
Toyota has revealed plans to heavily boost electric vehicle development and production amidst shareholder protests over its slow-moving progress on electrification.
The Japanese car manufacturer published a...
GM and Samsung choose Indiana as site for new EV battery...
General Motors and Samsung SDI have agreed to build a new electric vehicle battery plant in Indiana roughly three weeks after local officials offered a generous...
3 tips for helping trade-in customers with negative equity — Sean...
The number of consumers with negative equity has grown in the post-pandemic era, making trade-ins more difficult for all parties. On this episode of...
Consumers paying more for new vehicles as ATP increases in May
Average transaction prices (ATP) for new vehicles increased slightly in May, although consumers continued to pay below the manufacturer's suggested retail price (MSRP) for...
Ultium-powered Chevrolet Bolt a possibility after comments from CEO Mary Barra
General Motors CEO, Mary Barra, has hinted that a third-generation Chevrolet Bolt could be in the works, despite a previous announcement that production would...
