Tag: automotive industry insights
Lucid aims to raise $3 billion from Saudi Arabia’s PIF
In a move that sent shares of the luxury EV manufacturer down 9% after market hours, Lucid revealed its ambitions to raise around $3...
Toyota strengthens its electrification commitment with BEV production and new investments
In an effort to advance its commitment to vehicle electrification and building where it sells, Toyota is assembling an all-new three-row battery electric SUV...
How leveraging AI can improve dealership operations — David Kain |...
We’ve heard much about AI within our industry, but how does it translate for internet leads and BDC teams? On today’s edition of Inside...
Chris Benjamin, prominent Stellantis design leader, gets acquired by VW’s Scout...
Scout Motors, Volkswagen's electric off-road brand, has acquired a senior design leader from Stellantis North America who aided in the interior design of vehicles...
Global automakers fall in EV market, Tesla and BYD take lead-...
A new report ranks global automakers based on their EV efforts. This means it looks at their current progress in the transition from gas...
New opportunities for mobile service in fixed ops and why technicians...
Fixed ops is an essential but often misunderstood department in the dealership, leading many dealers to miss out on the growing opportunities in the...
U.S. new car sales to surge in May, dealer profitability remains...
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales, including retail and non-retail transactions, are expected to...
Which electric vehicles are driven the most by their owners? —...
A recent study from iSeeCars sheds light on the driving habits of electric vehicle owners compared to their internal combustion engine counterparts. The study...
Staying informed: The link between automotive politics and car dealers —...
While politics may often appear irrelevant to car dealers, retailers must stay informed on the conversations taking place in Washington, D.C. as even small...
Tesla’s reputation takes a nosedive, Ford climbs in new Axios poll
Over the last year, CEO Elon Musk has made headlines for a range of controversies. Still, the world's leading EV maker, Tesla, may be reaping...