Tag: automotive industry news
Brian Benstock on tariffs and the road ahead for retail automotive
As global trade tensions escalate and economic pressures mount, automotive retailers must adapt and be resilient in the face of economic shifts. In today's...
GM expands EV battery production to lower costs and boost sales
General Motors (GM) is leading the charge in transforming U.S. battery production and EV competitiveness. At the recent SAFE Summit in Washington, D.C., Kurt...
Rivian responds to Q1 sales decline with aggressive incentives for buyers
Rivian is offering up to $13,500 in savings on its R1T and R1S models after reporting a 36% year-over-year decline in Q1 sales, delivering...
NHTSA reports traffic fatalities reach lowest level since 2020
In 2024, U.S. traffic fatalities decreased by 3.8%, reaching a total of 39,345 deaths, according to preliminary data released by the National Highway Traffic...
Edmunds’ Jessica Caldwell on tariffs’ impact on vehicle affordability
As the auto industry celebrates a powerful start to 2025, a new challenge is already shaking market expectations: President Trump's implementation of sweeping tariffs....
Navigating vehicle affordability challenges – Laura Perrotta | NJ CAR
With 25% tariffs on imported vehicles and parts now in effect, dealers across the country—and especially in New Jersey—are grappling with the potential fallout....
Are you practicing leadership enough to transform ability into skill?
It’s not enough to know how to lead—you have to know how to do it well. On the latest episode of Lessons in Leadership,...
GM debuts futuristic Corvette concept, expands global design with new UK...
General Motors (GM) has unveiled a bold new Chevrolet Corvette concept car as part of a global design initiative, marking the debut of its...
Trump threatens 50% tariff on China amid escalating trade tensions
President Donald Trump has warned that the United States will impose an additional 50% tariff on Chinese imports starting Wednesday if Beijing does not...
Stellantis may offer financial aid to eligible suppliers amid U.S. auto...
Stellantis is launching a supplier support program to help offset the cost of the new U.S. tariffs. The initiative comes in response to President...
