Tag: automotive industry trends

General Motors and the Department of Energy are investing a combined $65 million to deploy hydrogen fuel-cell work trucks across the U.S. The new trucks,...

Toyota has taken a slower path to electrification than its competitors, choosing instead to prioritize hybrid and hydrogen-fueled vehicles. Although this tendency won the...

The automotive industry is off to a strong start in 2024, leveraging stable consumer demand and improving economic conditions to drive sales. However, while...

MileOne Autogroup purchased a Delaware Lexus dealership from Asbury Automotive just months after the seller acquired the storefront from the Jim Koons group. The transaction...

Electric vehicle sales are projected to rise in 2024 but analysts are dialing back expectations as the automotive industry grapples with challenges limiting consumer...

General Motors is partnering with auto supplier Magna and consultancy firm Wipro Limited to launch a virtual marketplace called SDVerse for buyers and sellers...

The automotive industry is facing a technician crisis, with the number of applicants willing or capable of working in a busy fixed-ops department continuing...

Automakers posted strong U.S. sales this February on the backs of stable demand, stronger inventory, and increasing interest in hybrid and electric vehicles. Ford sold...

Ford and its dealers are committing $2 million in scholarships to combat the automotive industry's ongoing technician shortage in partnership with the TechForce Foundation. The...

According to an exclusive Reuters report, Nissan is in extensive negotiations to invest in electric vehicle maker Fisker, potentially giving the struggling startup a...