Tag: automotive industry insights
Stellantis invests more than $100 million in California lithium project
Stellantis revealed its' investing more than $100 million into California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid...
Used car dealers accelerating acquisitions with private listing platforms — Jennifer...
As consumers hold onto their vehicles for longer periods of time, used car dealers are looking for alternatives to trade-ins and auctions to keep...
How to effectively follow up without endangering the sale – Matt...
It can be exciting when a sales representative gets a call from a lead or potential customer, but what happens during that call, can...
New vehicle affordability improves in July as monthly payments fall
Purchasing a new vehicle became easier in July, according to Cox Automotive, as the post-pandemic car market normalized under growing inventory and more incentives.
After...
GM supports EV battery startup as it focuses on inexpensive materials
General Motors has revealed it's investing in a Silicon Valley firm to assist it in accelerating the development of more affordable battery chemistry for...
United Auto Workers prepare to intensify battle for contract demands
The United Auto Workers are getting ready to step up their fight to meet their demands at the negotiating table with one month left...
How Ken Garff Auto Group is fusing its mainland culture with...
Automotive powerhouse Ken Garff Automotive Group, number nine of the top 150 dealership groups, recently expanded its portfolio on the islands of Hawaii. On...
New study says low charging satisfaction could limit electric vehicle adoption
Electric vehicle adoption could be stymied by a lack of charging infrastructure and low customer satisfaction scores, according to a new study by J.D....
Lordstown Motors reaches a $40 million settlement with Karma Automotive
Lordstown Motors announced on August 15 that it had reached a $40 million settlement with Karma Automotive over a 2020 lawsuit in which the...
Tesla releases cheaper, shorter-range versions of its Model S and X...
As competition in the market for electric vehicles intensifies, Tesla launched less expensive versions of its Model S and Model X vehicles in the...