Tag: automotive industry insights
Toyota warns California’s EV mandates could limit customer choice, calls for...
Toyota Motor has raised concerns that California’s ambitious electric vehicle (EV) mandates, set to begin next year, are “impossible” to meet and could result...
How hiring veterans can boost your dealership’s success – Charlotte Creech...
Today is Veterans Day, and many organizations are stepping up to support our nation's heroes. One of those organizations, Hire Heroes USA, is helping...
AutoNation honors military heroes with 20% discount
In a gesture of respect and reverence, AutoNation is offering veterans and their families an exclusive 20% discount on all services from November 11...
GM to cease Cadillac XT4 production, invest $390 million in Fairfax...
General Motors (GM) is accelerating its shift towards electric vehicles with a major transformation at its Fairfax, Kansas, assembly plant. Starting in January, GM...
Rivian faces supply chain challenges but aims for profitability by year’s...
Electric vehicle startup Rivian Automotive is navigating significant supply chain disruptions but remains optimistic about reporting its first-ever gross profit by the end of...
October trends show wholesale used-vehicle price drop
In October, wholesale used-vehicle prices continued to fall, providing both challenges and opportunities for dealers. According to the Manheim Used Vehicle Value Index (MUVVI),...
UAW faces setback in Trump’s victory, undermining efforts to rebuild political...
Donald Trump’s victory in the 2024 election has dealt a significant blow to UAW President Shawn Fain’s efforts to rebuild the union’s political influence....
Stellantis will lay off 1,100 workers at Ohio Jeep plant amid...
Stellantis has announced it will cut one production shift and lay off approximately 1,100 workers at its Toledo South Assembly Plant in Ohio. This...
Nissan slashes 9,000 jobs and cuts 20% of global production capacity
Nissan's decision to slash 9,000 jobs and cut 20% of global production capacity is a significant blow to its workforce. The automaker also lowered...
Toyota reports shocking quarterly profit drop due to U.S., Japan production...
On Wednesday, Toyota Motor reported its first quarterly profit drop in two years. Once regarded as one of the world's top-selling brands, the automaker...