Tag: automotive industry news
Joining forces: Ford EVs to gain access to Tesla superchargers
Rival automakers Ford and Tesla revealed a surprising new strategic partnership that could permanently change electric vehicle charging infrastructure for drivers.
In a joint announcement...
Chinese EV makers push to gain a foothold in American car...
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: Cadillac Escalade EV coming this year, Tesla’s brand reputation...
Earlier this week: General Motors will release the all-electric Escalade as part of its push to make Cadillac a fully electric brand by 2030....
U.S. new car sales to surge in May, dealer profitability remains...
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales, including retail and non-retail transactions, are expected to...
Which electric vehicles are driven the most by their owners? —...
A recent study from iSeeCars sheds light on the driving habits of electric vehicle owners compared to their internal combustion engine counterparts. The study...
More Than Cars: The docuseries dismantling dealership stereotypes
"More Than Cars" is a new docuseries produced by TrueCar and Automotive State of the Union (ASOTU), which seeks to challenge dealership stereotypes. On...
Judge tosses out lawsuit targeting Musk’s Twitter buyout
A judge has denied a shareholder-led lawsuit targeting Tesla CEO Elon Musk over his handling of last year's Twitter buyout.
The class-action suit alleged that...
Dallas dealer partners with high school to boost attendance with car...
In Dallas, Texas, a used car dealership gave away a 2016 Jeep Patriot to a high school sophomore with perfect attendance.
Faith Family Academy, a...
GM confirms plans to release electric Cadillac Escalade later this year
General Motors has confirmed the release of an all-electric version of its flagship Cadillac Escalade later this year.
The Detroit automaker said the new SUV...
McGovern Automotive adds CDJR dealership, Asbury sells Acura store in Texas
The buy/sell market for dealerships is a dynamic environment influenced by various factors, including economic conditions, consumer preferences, manufacturer requirements, and regulatory changes. Despite...