Tag: auto industry news
GM recalls over 40,000 Chevrolet trucks over fire-causing brake fluid leak
General Motors is recalling over 40,000 Chevrolet trucks after discovering a potential fire hazard in certain models.
The recall affects 40,428 Silverado pickups built between...
How Honda dealers are preparing for the future of automotive retailing...
Honda's U.S. Segment is off to a strong start in 2023, with record-breaking EV sales and impressive year-over-year growth for the first quarter. But...
Tesla faces criticism over new pricing strategy, self-driving promises
Tesla is facing some pushback over its April 20 quarterly earnings call as investors and industry insiders contend with the automaker's new stances on...
AutoNation posts declining profits in Q1, will take ‘more cautionary approach’
AutoNation published its quarterly earnings report on April 20, shedding new light on the difficulties facing the dealership group as looks to stay ahead...
Are dealers prepared to change for the customers of tomorrow? —...
Dealers are still enjoying tremendous profits despite the economic headwinds and inventory constraints. But with the changing technological landscape and the evolution of consumer...
VW and GM EVs to keep full tax credit under Treasury’s...
With the Treasury Department's new domestic sourcing guidelines for electric vehicle batteries now in effect, two major players in the U.S. automotive sector have...
Tesla reveals lower profits, new Cybertruck details during Q1 earnings call
During Tesla's quarterly earnings call, worries over the automaker's declining profits were confirmed as the company revealed its net income had declined 24% from...
131,700 Ram pickups to be recalled over engine-related software error
Stellantis is planning to recall roughly 131,700 Ram pickups, citing a software issue that could cause the engines to stall.
According to the automaker's case...
How solar power could help dealers make money during the EV...
On this edition of Inside Automotive we take a look at the 'why' behind an ongoing shift towards solar power and energy independence at...
Most EV models likely to earn partial or full tax credit...
With the Treasury Department's electric vehicle tax credit revisions set to apply on April 18, new research suggests their effect on automaker sales will...
