Tag: auto industry news
CEO Carlos Tavares says Stellantis might shutter more auto plants, cites...
Carlos Tavares, CEO of Stellantis, warned on Thursday at CES 2023 that more car factories might close if high electric vehicle (EV) prices drive...
Ford U.S. sales dip in Q4, F-Series remains top selling truck
Contrasted with 2021, Ford Motor Company announced lower U.S. sales for the last three months of 2022. However, the carmaker continued to dominate the...
Meet the new ‘Afeela’ EV prototype from Honda and Sony
Harnessing its vast entertainment content, Sony unveiled a prototype of the new “Afeela” electric vehicle it will build with Honda. Ultimately, Sony is looking...
Results of CDK Global’s latest Ease of Purchase Summary – Dave...
Is the process of buying a car still difficult for consumers, despite the technology boosting digital retailing? Recently, CDK Global released its December Ease...
Ford Motor has once again raised prices for the third time...
Ford Motor Company has increased the cost of the F-150 Lightning Pro yet again. On December 16, the company's markup, which is 9% or...
November’s average new car prices reach a record high
When COVID struck, it disrupted the world's supply chain, resulting in a chip shortage and an all-time high in car prices. People started paying...
Former FCA CEO Mike Manley to lead AutoNation
The largest dealer group in the United States, AutoNation, has announced a new CEO to succeed Mike Jackson. As of November 1, Mike Manley...
Mixed bag of EV announcements leaves future of auto industry wide...
The past few days have been busy with news stories and announcements from within and about the auto industry. Although electrified models continue to...
Auto Retail Customer Safety Amid the Coronavirus Pandemic
The novel coronavirus may not be everywhere in the US, but the concern over its spread certainly is. Customers are abundantly cautious, and they’re...
General Motors Names Mark Reuss President
General Motors is ringing in the new year with a new president. Thursday the company announced that Mark L. Reuss, a GM veteran, would...