Tag: automotive industry insights
Tesla rolls out referral program in an effort to boost sales
In a plan to increase sales, Tesla is rolling out a new program allowing buyers to earn extra referral incentives.Â
The "Refer and Earn" program...
General Motors boosts quarterly sales but misses mark on electric vehicles
General Motors saw an 18.8% increase in year-over-year sales throughout the second quarter but struggled to capitalize on the increasing demand for electric vehicles.
For...
Jeep dealer throwing ‘Woofs and Wheels’ party to benefit humane societies
An Indiana automotive group is giving Jeep-lovers the opportunity to support four local humane societies with what it calls the "Woofs and Wheels" party.
Chrysler...
Ford sees uptick in pickup, electric vehicle sales thanks to improved...
Ford saw increased sales in the second quarter thanks to improved electric vehicle inventory and increased pickup demand in the U.S.
From April through June,...
Musk praises Chinese artificial intelligence as Tesla faces tough competition
Tesla CEO Elon Musk praised China's work on artificial intelligence during a Thursday event in the country.
Speaking by video to attendees of the state-run...
Starting an automotive sales career? Here’s what dealers look for —...
Among the many career paths in the car business, few are as challenging or rewarding as a job in automotive sales. But with a...
Electric vehicle supply beats ICE for first time as sales improve
Electric vehicle inventory rose to new heights over the second quarter, dwarfing supplies of gas-powered cars in the U.S.
According to Cox Automotive, the average...
Toyota developing EV batteries with twice the power and half the...
Toyota says it has made a breakthrough in solid-state electric-vehicle batteries, which will significantly reduce manufacturing costs while providing greater performance than current models.
On...
Tesla sales, production numbers nearly double in Q2 as EV market...
Tesla's quarterly performance once more surpassed analyst expectations, with electric vehicle sales and production numbers rising sharply on both a quarterly and yearly basis.
The...
Stellantis ends 7-quarter decline with 6% sales growth in Q2
Stellantis saw higher year-over-year sales in the second quarter on the backs of higher demand in the U.S. and a strong showing from its...