Tag: automotive industry insights
Electric vehicle affordability blocking lower-income buyers from market
Car buyers are warming up to the electric vehicle segment but continue to cite affordability as a key obstacle to making the switch from gas.
Low-income shoppers...
Buy-sell market continues to defy the odds — Ryan Kerrigan |...
Today on CBT Now, we’re joined by Ryan Kerrigan, Managing Director of Kerrigan Advisors, to update us on mergers and acquisitions in automotive today.Â
The...
J.D. Power, Palantir to partner on artificial intelligence tools for dealers,...
J.D. Power has announced a new partnership with data analytics firm Palantir Technologies to create artificial intelligence solutions for the car business.
In a press...
General Motors raises yearly guidance, but felt profit pressures in Q2
General Motors saw a complicated second quarter during which its profits rose significantly but with tighter margins than the year before.
According to its quarterly...
Hyundai aims to expedite anti-theft software following social media-fueled crime wave
In response to a national crime wave fueled by social media, Hyundai wants to accelerate the release of a software patch to secure its...
The U.S. is getting a new EV battery cell electrode facility
On July 24, California-based Enevate and Korea's JR Energy Solution announced a joint venture in which they would build a U.S. battery cell electrode...
Enhancing your dealership’s social media strategy with AI — Gail Rubinstein...
Social media and artificial intelligence have completely transformed the way dealers connect and interact with customers. On this episode of Inside Automotive, host Jim...
How to take back control of your dealership’s call center —...
As new car inventory across the country expands, so too has the number of calls placed to dealerships. The increase in volume has made...
Tesla CEO Musk swaps out Twitter bird with ‘X’ logo after...
Tesla CEO Elon Musk has formally rebranded Twitter as "X," substituting the social media platform's iconic white-and-blue bird logo on Monday with a simple...
Stellantis and SDI agree to build second electric vehicle battery plant
Jeep-maker Stellantis and South Korean tech manufacturer Samsung SDI have confirmed plans to build a new electric vehicle battery plant, slated to launch in...
