Tag: automotive industry news
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...
AutoNation beats forecast, maintains revenue in Q2 despite sluggish sales
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings from after-sales services and increasing demand for new...
Female car buyers: Why dealers shouldn’t underestimate women — Lena Bourgeois...
Women make up one of the largest car buyer demographics in the U.S., but many dealers are still relying on outdated practices or old-school...
Tesla, Ford’s EV price cuts explained and why more OEMs are...
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and...
Weekly roundup: Carvana aims to trim debt under new agreement, Fords...
Earlier this week: Carvana, the used-car mega-retailer, revealed its second-quarter earnings and also announced a significant agreement to reduce its total debt by over...
Car owner satisfaction declines for second year in J.D. Power study
Car owner satisfaction declined for the second year in a row, according to the J.D. Power Automotive Performance, Execution and Layout (APEAL) Study.
It is...
UAW chief Fain meets privately with President Biden amidst contract fight
President Biden met privately with Shawn Fain, leader of the United Auto Workers (UAW) union, on July 19 as the automotive industry prepares for...
Tesla sees stagnating profits in Q2 even as electric vehicle revenues...
Tesla once again beat earnings forecasts in the second quarter but struggled to sustain profitability on its increasingly discounted electric vehicle lineup.
The electric vehicle...
Miss Colorado, an Air Force officer, receives vehicle from Mike Maroone...
The previous few weeks have been a frenzy of activity for Air Force 2nd Lieutenant Madison Marsh. On May 27, she won over 20...
Where does the new car market stand today? — Tyson Jominy...
On this edition of CBT Now, Jim Fitzpatrick speaks with Tyson Jominy, the Vice President of Data and Analytics at J.D. Power, about the...
