Tag: automotive industry news
Unconventional Polestar 4 will launch next year without a rear window
Polestar has revealed the Polestar 4, the latest in its growing lineup of electric vehicles and the brand's first "SUV Coupé."
The automaker unveiled the...
The Presidio Group advises Flow Automotive Companies on purchase of eight...
AUSTIN, TX — April 18, 2023 — The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising,...
Vermont may pass a mileage-based EV tax to cover lost revenue...
Vermont lawmakers are weighing an electric vehicle tax that would charge owners based on the number of miles they drive.
The proposed tax, included in...
Is there enough lithium? Why analysts are worried about the future...
The transition to electric vehicles (EVs) is a major one for the auto industry and many analysts are concerned that we do not have...
Weekly Roundup: Q1 auto sales smash odds, Tesla breaks delivery record,...
Weekly Roundup
Earlier this week: New vehicle sales volume improved in the first quarter despite concerns about economic headwinds, Tesla hit new delivery records and...
5,000 General Motors employees opt for buyout program
On March 9, Mary Barra, the CEO of General Motors, announced to her staff that further job reductions would occur, but this time the...
U.S. auto sales defy economic headwinds in first-quarter of 2023
Amid an uncertain economic outlook, the automotive industry has much to be optimistic about with March's auto sales performance. With year-over-year new vehicle gains...
After a stellar career leading CADA, what’s next for Tim Jackson?
Tim Jackson, a prominent figure in the automotive industry, serving as the President and CEO of the Colorado Automobile Dealers Association (CADA) for almost...
6 dealers changing their local communities for the better
Seventy-seven percent of consumers are motivated to buy from companies that are committed to making the world a better place. Customers enjoy seeing businesses...
Hyundai and Kia break sales records in March, grow EV sales
Hyundai and Kia have officially broken their previous monthly sales records, continuing their streak of month-over-month gains.
Hyundai announced it had sold a record-breaking 75,404...
