Tag: automotive industry insights
Used vehicle market sees older cars, price declines in Q2
The used vehicle market remained strained by pent-up demand and supply shortages throughout the second quarter, according to research by Edmunds.
Since the onset of...
Tesla prepares for its first trial involving a tragic Autopilot incident
For the first time, Tesla will defend itself in court against claims that the Autopilot driver assistance system was the cause of a fatal...
August new vehicle sales expected to rise nearly 19% YoY —...
When automakers release their new vehicle sales figures, they are predicted to show significant year-over-year growth with a modest slowdown from last month's sales...
GM battery joint venture agrees to increase wages for Ohio employees
After several U.S. senators criticized General Motors and LG Energy Solution joint venture battery plant for paying employees as little as $16 an hour,...
Addressing challenges in the ACC2 and driving zero-emission vehicle demand —...
New Jersey Governor Phil Murphy announced a proposal to adopt the Advanced Clean Cars II plan (ACC2), which would require car manufacturers to increase...
UAW chief Fain holds mock demonstration in preparation for strike
During a practice picket outside of a Stellantis plant in Detroit, United Auto Workers president Shawn Fain discussed the possibility of a strike with...
Electric vehicles scores drop as OEMs compete with Tesla tech
Drivers are starting to encounter more technology issues with electric vehicles than they do with ICE vehicles, as traditional OEMs contend with disruptive brands...
OSHA probes chemical leak at GM and LG Energy-owned battery plant
The United States' workplace safety regulator announced on August 23 that it was investigating a recent chemical solvent leak at a battery facility in...
Why public dealership groups are returning to the mergers and acquisitions...
Publicly traded dealership groups are starting to return to the mergers and acquisitions market as the post-pandemic economy stabilizes and OEMs ramp up production....
VinFast looking to work with U.S. dealers says CEO
Vietnamese automaker VinFast is in talks with U.S. partners to sell its electric vehicles through franchised dealerships rather than first-party storefronts.
Direct sales have become...
